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Transparent Pricing Initiative in Colombia: Launch in Bogota and Medellin

Published on August 16, 2010

Training will be provided on pricing transparency as it relates to microfinance institutions (MFIs), regulators, funders and other support organizations. The event is being held as part of an effort by MFTransparency to collect and publish pricing data for microfinance products offered in Colombia.

Click here to read the MicroCapital announcement

Transparent Pricing Initiative in Colombia: Launch on September 1-2, 2010, in Bogota and Medellin

  • Event Name: Microfinance Transparency’s (MFTransparency’s) Transparent Pricing Initiative in Colombia
  • Event Date: September 1 and September 2, 2010
  • Event Location: September 1 in Bogota and September 2 in Medellin
  • See Our Comprehensive Event Calendar Here: http://microfinanceassociation.ning.com/events
  • Cost: Free

Summary of Event: Training will be provided on pricing transparency as it relates to microfinance institutions (MFIs), regulators, funders and other support organizations. The event is being held as part of an effort by MFTransparency to collect and publish pricing data for microfinance products offered in Bogota and Medellin.

Background on Organizer:

MFTransparency is a nongovernmental organization that aims to provide “information on credit products and their prices in a clear and consistent fashion” for the microfinance industry. MFTransparency collects data on the interest and fees charged on microfinance loan products in order to calculate the effective interest rates on those loans. Its intention is to establish the industry standard for pricing disclosure and to facilitate a fair exchange between suppliers and consumers of microfinance products. MFTransparency was launched in July of 2008 and is based in the US. According to its website, as of December 6, 2009, it has been endorsed by 264 “industry leaders” that serve 80 million clients globally.

Event Themes and Discussion Topics: The event will teach new industry standards for calculating interest rates for microcredit products and will explain how institutions can actively participate in the MFTransparency project.

Who Is Invited to Attend: Limit of 2 members per organization.

About the Presenters:

Representatives from microfinance institutions, donor agencies, investors, raters, technical assistance providers and government officials will participate in the event.

Event Website: While no specific website is available, the website of the event organizer can be found at:www.MFTransparency.org

Online Registration Address: Currently unavailable.

For additional information, you may contact: Jordan Filko, Development and Communications Associate of MFTransparency at [email protected] or call (973)868-8375.

Submit Your Event: http://microfinanceassociation.ning.com/events

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