Launch of Transparent Pricing Initiative in Malawi
On August 31st 2010 MFTransparency launched the Transparent Pricing Initiative in Malawi with a workshop in Lilongwe. Malawi is the first country that MFTransparency will be working with in the MasterCard Foundation-funded enabling APR & EIR Program
In this workshop, co-hosted with the Malawi Microfinance Network (MAMN), Alexandra Fiorillo, Vice President of MFTransparency, provided training on pricing transparency to a range of local industry stakeholders including microfinance institutions, regulators, funders and other support organizations.
The main objective of the enabling APR & EIR Program is to promote improved consumer protection principles through microfinance product pricing transparency. At the launch workshop MFTransparency presented on various topics including the implementation of pricing transparency in the Malawian microfinance industry, and consumer protection, consumer education and financial literacy.