Question

If credit can be made available to the poor people on terms and conditions that are appropriate and reasonable these millions of small people with their millions of small pursuits can add up to create the biggest development wonder." Give arguments to justify the above statement made by Professor Muhammad Yunus, the founder of Grameen Bank, and recipient of 2006 Nobel Prize for Peace.

Answer 1

Yes.

Step-by-step explanation:

Yes, the statement is correct because poor people are hard worker and they do everything in order to better their economic condition. If money is provided to the poor people for business on good and suitable conditions then these poor people can make products in large amount that can benefit the economy of the country. If millions of small businessmen do their business it can bring great change in the economy of the country by increasing exports.