Microfinance Focus April 29, 2011: MicroFinance Transparency, MFTransparency, an international non-governmental organization recently published an updated pricing data for Cambodia for 2010, building on the original dataset published in 2009.
Cambodia was one of the initial countries where MFTransparency collected true-cost microloan product pricing data and is the first country worldwide to complete the data updating process.
While any MFI reporting to MFTransparency can update its pricing data at any time, microfinance institution in all countries are required to update their data on an annual basis. Fourteen MFIs in Bosnia are currently in the process of completing their updated data submissions. Peru will be the next country to undergo the updating process.
MFTransparency will soon host a webinar where pricing experts will share the initial results of the newly available trend analysis on microloan pricing in Cambodia.
MicroFinance Transparency was founded in 2008 with the purpose of facilitating transparent markets through pricing disclosure, education and policy advisory. MFTransparency represents an industry movement toward transparent practices and responsibility. Based in the United States, the group has organized transparent pricing efforts in India, Cambodia, Bangladesh, Azerbaijan, Bosnia, Kenya, Malawi, Uganda, Rwanda, South Africa, Ghana, Senegal, Burkina Faso, Togo, Benin, Mali, Niger, Bolivia, Ecuador, Argentina, Colombia and Peru.