Putting Transparency Into Practice: Communicating About Pricing
MFTransparency and the Smart Campaign are complementary efforts to increase transparency in the microfinance industry and institutionalize strong client protection practices in the sector. While the Smart Campaign advances the Client Protection Principles, MFTransparency specializes in deep technical knowledge of one of those principles, “transparency,” and acts as the implementer of a second, “responsible pricing.”
This brief document describes how financial service providers observe the principle of transparency, current resources that exist to help providers understand and communicate their prices to clients, and information on where providers can find more information from MFTransparency and the Smart Campaign.