In September 2011 MFTransparency launched the Transparent Pricing Initiative in Ethiopia with a series of presentations at the 5th African Microfinance Conference and the SEEP African Regional Summit. View these presentations here.
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Microfinance Focus: MFTransparency and the Association of Ethiopian Microfinance Institutions (AEMFI) will launch the Transparent Pricing Initiative in Ethiopia on September 20.
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On September 20, 2011, MFTransparency and the Association of Ethiopian Microfinance Institutions (AEMFI) will launch the Transparent Pricing Initiative in Ethiopia, funded by MicroNed. The launch will take place in conjunction with the 2011 African Microfinance Conference.
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MFTransparency is increasingly building our education and training program, offering materials and tools, technical assistance and workshop sessions to a range of microfinance industry stakeholders. Recently this has included a special policy workshop for the Bank of Zambia, training sessions for Grameen Foundation’s Bankers without Borders and collaboration with other industry initiatives such as Oikocredit’s social performance sessions in Accra, Ghana and the Microfinance Council of the Philippines’ (MCPI) annual conference.
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MicroCapital: Mr. Chuck Waterfield, founder and CEO of MFTransparency, recently contributed to the CGAP blog to suggest ideas for regulations that could encourage more transparent pricing in microfinance. He points out that most markets in which microfinance institutions (MFIs) operate lack the “Truth-in-Lending” legislation, thereby enabling them to “mask their prices” and leading to a complex pricing system.
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Policymakers in Colombia have been cautiously moving toward a transparency-based approach to pricing for microfinance, reducing their traditional reliance on interest rate caps.
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On August 23, 2011 MFTransparency launched the Transparent Pricing Initiative in Mozambique with a workshop in Maputo. Topics covered included the importance and implantation of pricing transparency. View the presentations here.
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Microfinance Focus: First 16 microfinance institutions have submitted data to the Transparent Pricing Initiative in the Philippines which was launched by MicroFinance Transparency in March 2011.
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MFTransparency authors have had great opportunities lately to guest blog for some leading industry organizations, including Oikocredit USA and CGAP. We are excited to share the concepts that we train industry leaders around the world in through these new channels. The following is an overview of two guest posts we’ve recently published.
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CGAP: With accurate, comparable information, all stakeholders can compare the prices of loans of identical sizes and purposes and make better informed decisions.
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