Transparent Pricing Initiative in Ethiopia

Thank you for your participation in this global movement to practice transparent pricing in microfinance.
Data submissions completed:
- Wasasa Microfinance S.C
- Poverty Eradication and Community Empowerment S.C (PEACE)
- Metemamen Microfinance S.C
- Digaf Microfinance S.C
- Harbu Microfinance S.C
- Specialised Financial and Promotional Institution S.C (SFPI)
- Meklit Microfinance S.C
- Oromia Credit and Savings S.C (OCSSCO)
- Amhara Credit and Savings S.C (ACSI)
- Eshet Microfinance S.C
- Dedebit Credit and Savings S.C (DECSI)
- OMO Microfinance S.C
- Addis Credit and Savings S.C (ADCSI)
- Diredawa Microfinance S.C
- Buusaa Gonofaa Microfinance S.C
- Sidama Microfinance S.C
Data submissions underway:
- Aggar Microfinance S.C
- Gasha Microfinance S.C
- Letta Microfinance S.C
- Tesfa Microfinance S.C
- Wisdom Microfinance S.C
MicroFinance Transparency works with a range of stakeholder groups to promote transparency by facilitating microfinance pricing disclosure, offering policy advisory services and developing training and education materials for all market stakeholders. We partner with other client protection initiatives such as the Social Performance Task Force (SPTF) and the Smart Campaign to provide microfinance institutions with a venue for demonstrating their commitment to responsible pricing. Our vision is a microfinance industry operating with healthy free market conditions where consumers and other stakeholders can make informed decisions.
The Transparent Pricing Initiative in Ethiopia is an opportunity for institutions in this market to demonstrate their commitment to social performance and client protection on an international stage. Alexandra Fiorillo, Vice President of MFTransparency, will make a presentation at the 5th Annual African Microfinance Conference in Addis Ababa on September 20th where she will share the new industry standard for calculating prices for microcredit products with the leading microfinance service providers in Ethiopia. More information about the launch event is available here, and more information about the conference is available here.

MFTransparency would like to thank the Association of Ethiopian Microfinance Institutions (AEMFI) for their contribution to the launch event and their ongoing support in this Initiative.
Now is your opportunity to actively participate in the Transparent Pricing Initiative in Ethiopia and promote responsible pricing practices in the Ethiopian microfinance market. During the Ethiopia project, MFTransparency will be collecting information on all micro loan products offered by microfinance service providers. If your financial institution offers micro loan products, you can participate by submitting specific information on those products. Please follow the instructions below to complete the process.
To submit your loan product data to MicroFinance Transparency, please download and complete the following excel workbook:
- MFTransparency Data Collection Tool (Excel file)
- MFTransparency Launch Event Presentation (PDF)
Deadline to submit data: 4th November 2011
When you have completed the Data Collection Tool, please email it to: data@mftransparency.org Should you have any questions about MFTransparency, the data submission process, or anything else, please email data@mftransparency.org and our team will get back to you within 48 hours to answer your inquiries.
The Transparent Pricing Initiative in Ethiopia is funded by MicroNed and Terrafina
Materials to Download
About the Transparent Pricing Initiative in Ethiopia
Understanding Pricing & The Importance of Transparency
About the Global Transparent Pricing Initiative
To submit your loan product data to MicroFinance Transparency, please download and complete the following excel workbook:
- MFTransparency Data Collection Tool (Excel file)
Deadline to submit data: 4th November 2011
When you have completed the Data Collection Tool, please email it to: data@mftransparency.org
Should you have any questions about MFTransparency, the data submission process, or anything else, please email data@mftransparency.org and our team will get back to you within 48 hours to answer your inquiries.
News & Updates
September 7, 2011
MFTransparency: MFTransparency and the Association of Ethiopian Microfinance Institutions to Launch the Transparent Pricing Initiative in Ethiopia
January 13, 2009
MFTransparency: MicroNed Provides Funding to MFTransparency
Instructions for Data Collection Process
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Instructions
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Notes
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Step 1
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Fill out the basic information on the “MFI INFO” sheet
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Please note the “Number of Incomplete Data Points” counter as you fill in information. |
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Step 2
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Fill out a “LOAN PRODUCT” worksheet for every loan product you have, following instructions on the sheet carefully. | If you have questions after reading the instructions, feel free to e-mail us for clarification. The data tool has capacity for up to 10 loan products. If you have more, simply use multiple copies of the data collection tool. |
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Step 3
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Collect sample repayment schedules for EACH product using the guidance contained in the tool. | Please note: The data tool indicates how many samples are needed, and what loan amounts they should be for. They should be loans that were disbursed within the past two months. |
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Step 4
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Double check your work, perhaps with a colleague, to ensure accuracy of the data. | Verify that there are no incomplete cell errors or the data approval process will fail. You will be able to save the incomplete file, however. |
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Step 5
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Email data@mftransparency.org to request a confidential authorization code. This code is needed to insure that the data is being submitted by an authorized representative of the organization. Please include the name and email address of your Executive Director (or equivalent) in this request. | The confidential code will only be sent via email to the Executive Director / General Manager (or equivalent) of your institution. |
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Step 6
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MFTransparency will email the Executive Director (or equivalent) the confidential authorization code. |
We strive to return this code within 24 hours.
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Step 7
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Have the Executive Director (or equivalent) of your institution do a final review of the data and APPROVE its submission on the “Approval Sheet”, with the confidential authorization code. | Once approved, all data in the tool will be LOCKED and nobody can make any changes. If you notice changes that need to be made after you lock the worksheet, please contact us. |
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Step 8
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Email this workbook and the repayment schedules to data@mftransparency.org. If you cannot email the repayment schedules, please contact data@mftransparency.org to obtain a fax number you can use. | |
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Step 9
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MFTransparency will contact you and your Executive Director (or equivalent) if we have any questions regarding the data. Please contact data@mftransparency.org with any questions or concerns you may have throughout the process. |

