Transparent Pricing Initiative in Rwanda

The following articles have been published about the launch of MFTransparency’s Transparent Pricing Initiative in Rwanda.

We would like to preface them with an important clarification: While we do hope that our work on facilitating transparent pricing ultimately lowers interest rates, this result is not anticipated in the short-term but rather as a potential long-term impact. This trend can only be measured once the initial data collected is updated, and the first full update takes place one year after the initial data launch. Further, while lowered interest rates are the theoretical result of increased transparency and competition, this is not a guarantee that prices will actually decline following the Transparent Pricing Initiative.

• The East African: Interest rates on microloans in Rwanda to drop
• Rwanda News Agency: Excitement as new lower interest rates regime looms for small businesses
• ContactFM: Reforms in Microfinance Expected