The Birth of Transparent Markets – Industry Reactions
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Industry Reactions to Pricing Data Launches
In December 2010, MFTransparency hosted our first data launch conferences in Bolivia and Ecuador. At these events, industry participants saw the live product pricing data for their markets for the first time, engaging in discussions and working sessions to begin operations in a new environment of transparency. The road to transparency in these markets was not always smooth; various stakeholders had their doubts along the way. But in the end, participation levels were very strong and a range of industry players found benefits to transparency that they had not anticipated.
The attached resource presents a collection of quotes reflecting the reactions of participants in the Bolivia and Ecuador Data Launch Conferences to the new possibilities of transparent pricing in microfinance.