In October 2011, MFTransparency hosted the African Microfinance Pricing Transparency Leadership Forum in Nairobi, Kenya. This was the first event of its kind, bringing together policymakers, regulators, networks and a host of industry experts to discuss issues related to pricing transparency in African microfinance markets.
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During the past few months MFTransparency, has been offering direct trainings and technical assistance to MFIs participating in The Transparent Pricing Initiative in West Africa.
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RESULTS: An interesting recent initiative that is opening up the interest rates charged in the sector to greater scrutiny is MicroFinance Transparency. Data is currently being collected for India, with 80 MFIs (including SKS) having provided data so far.
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This short article presents the main points of the Philippine’s updated guidelines on the Truth in Lending Act to Enhance Pricing Transparency, released in July 2011.
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In the case of pricing transparency, regulators and networks can work to shape the path for clients and MFIs by providing simple, standardized, accessible “buckets” that contain understandable information about how much credit really costs.
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microDINERO: A new round of what is thought the most persistent rivalry in the microfinance industry played out at this month’s Global Microfinance Summit in Valladolid, Spain, with Mexico’s Compartamos Banco in one corner and the U.S. organization MFTransparency in the other.
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Wasasa, Harbu, Metemamen, Digaf and Poverty Eradication and Community Empowerment (PEACE) are the first five microfinance institutions to participate in the Transparent Pricing Initiative in Ethiopia by submitting microloan product information and pricing data
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Microfinance Focus: MFTransparency CEO Chuck Waterfield debates the role of IPOs in microfinance at the Microcredit Summit.
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Microfinance Focus: In only three short years, MFTransparency has become ubiquitous in the industry. This is in part, no doubt, because its CEO Chuck Waterfield is an impressive and engaging speaker. But much more, it’s because transparency in pricing is a concept whose time has most definitely come.
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In November 2011, Chuck Waterfield wrote a guest blog for GAP, entitled “A Quick Journey Through the History of Usury: Commercialization and profiting from the poor“, as part of their series on microfinance commercialization. To read this blog on the CGAP website please click here A Quick Journey Through the History of Usury: Commercialization […]
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