How Microfinance Institutions Can Benefit from Participation in the Global Transparent Pricing Initiative

MFTransparency enables transparent communication between suppliers and consumers of microcredit products. We work on the country level to raise awareness about issues in pricing transparency through our Global Transparent Pricing Initiative. As part of this initiative we present information on credit products and their prices in a clear and consistent fashion, allowing all microfinance stakeholders to work with a full understanding of the costs paid by clients. In addition to reporting pricing data, MFTransparency has undertaken the equally important role of developing and disseminating straightforward educational material to enable all microfinance stakeholders to better understand the concept and function of interest rates and product pricing.

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