Competitive edge: MFTransparency’s standardized pricing reporting ensure that all microfinance product prices are comparable, creating a market in which providers of microfinance can compete fairly. Advertising to your clients – and your competitors’ clients – with full knowledge of prices relative to others in the market.
Visibility to funders: Include your commitment to pricing transparency in your MFIs marketing. We have found that MFIs receive significant media publicity, both locally and internationally, for participating in our projects, attracting the attention of donors and investors as well as the global microfinance community.
Seal of transparency: MFTransparency awards transparency certification to those MFIs that commit to educating their clients on pricing. This consists of both a certificate to be displayed in the MFIs offices as well as a seal of transparency logo to be used on the MFIs marketing materials and website.
Contribute to your local microfinance market: Providing pricing data, implementing transparent pricing practices and educating clients leads to a strengthening of the local microfinance market. All stakeholders benefit from transparent pricing, and through the Transparent Pricing Initiative MFIs can be the leaders of the sustainable development of their own microfinance industry.
Submit information about your institution products and prices using an Excel based Data Collection Tool and evidence of your loan documentation. We do not request financial statements or financial ratios. The entire process can be completed by a senior official in the credit department in as little as two hours.
Competitive edge: MFTransparency’s standardized pricing reporting ensure that all microfinance product prices are comparable, creating a market in which providers of microfinance can compete fairly. Advertising to your clients – and your competitors’ clients – with full knowledge of prices relative to others in the market.
Visibility to funders: Include your commitment to pricing transparency in your MFIs marketing. We have found that MFIs receive significant media publicity, both locally and internationally, for participating in our projects, attracting the attention of donors and investors as well as the global microfinance community.
Seal of transparency: MFTransparency awards transparency certification to those MFIs that commit to educating their clients on pricing. This consists of both a certificate to be displayed in the MFIs offices as well as a seal of transparency logo to be used on the MFIs marketing materials and website.
Contribute to your local microfinance market: Providing pricing data, implementing transparent pricing practices and educating clients leads to a strengthening of the local microfinance market. All stakeholders benefit from transparent pricing, and through the Transparent Pricing Initiative MFIs can be the leaders of the sustainable development of their own microfinance industry.
Submit information about your institution products and prices using an Excel based Data Collection Tool and evidence of your loan documentation. We do not request financial statements or financial ratios. The entire process can be completed by a senior official in the credit department in as little as two hours.