Signatories

Dr. Muhammad Yunus won the Nobel Peace Prize in 2006 for his efforts to promote economic development through innovations in "microcredit." The Grameen Bank he created has successfully demonstrated his belief that the world’s poor can transform the conditions of their own lives if given appropriate financial support. He has written extensively about the connections between economic empowerment and peace.

After receiving his Ph.D. in Economics from Vanderbilt University in the United States, Dr. Yunus returned to his home country of Bangladesh in 1972. There he founded the Grameen Bank Project in 1976, and transformed it into a formal bank in 1983.