Working in partnership with other industry bodies is an important aspect of MicroFinance Transparency’s approach. We aim to collaborate with a range of industry players to ensure that the ideas and processes involved in responsible pricing are adopted in and promoted by all parts of the microfinance industry.
In each country we work closely with the national microfinance network, collaborate with the regional networks and are supported by our global peers in the field of consumer protection, social performance and transparency. In our data collection and disclosure efforts we work in operational partnership with two industry bodies – Planet Rating and MFIN India.
Pricing Data Partnerships
Using our complementary strengths and expertise, MicroFinance Transparency works in partnership with Planet Rating and MFIN India to collect and refresh microloan product pricing data and to promote pricing transparency within the microfinance sector.
Paris-based Planet Rating is a global rating agency specialized in microfinance, focused on providing all microfinance stakeholders with the information they need for sound growth of the sector. Founded in 1999, Planet Rating has provided more than 650 financial and social ratings of MFIs, playing a vital role in professionalizing the sector for over a decade. Planet Rating provides high quality and unbiased rating reports, and offers a global geographic coverage through its six offices located in Paris, Lima, Dakar, Nairobi, Beirut, and Manila
Micro Finance Institutions Network (MFIN) is the premier Industry Association for the microfinance sector in India and its member organizations constitute the leading Microfinance institutions in the country. MFIN was created to promote the key objectives of microfinance, which is to help economically underserved communities achieve greater financial independence and build sustainable livelihoods. MFIN seeks to work closely with regulators and other key stakeholders to achieve larger financial inclusions goals through microfinance.