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mftransparency

@mftransparency

Promoting Transparent Pricing in the Microfinance Industry

mftransparency.org
Joined May 2009
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Photo by mftransparency (@mftransparency)Photo by mftransparency (@mftransparency)
@chuckwaterfield in WSJ: Why #Microfinance Loans have such high interest rates, @mftransparency on.wsj.com/1L582kO
MFTransparency launched in Bali seven years ago today. We close our doors three days from now. Some answers here: bit.ly/1U4equ8
Yes, #MFTransparency is closing. Here is where you get the details: nextbillion.net/blogpost.asp…

MFTransparency is Dead ... What Does That Mean for Pricing Transparency?: The CEO of the influent...

As many of you have likely heard, MicroFinance Transparency (MFT) has announced that after six years of activity, we will no longer collect pricing data for the global microfinance industry. As this...

nextbillion.net
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#17MCSummit Let's deal w/imp. topics at Summit. "“The opposite of good is not evil; the opposite of good is indifference.” Abraham Heschel
A6: #17MCSummit We need to honestly discuss profit off of the poor. How much is too much? Mexico profits are > US$1 million per day.
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A6: #17MCSummit Police ourselves AND urge independent parties to police us. The poor need real & independent consumer protection.
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#17MCSummit Be willing to take on not-profitable markets. Let's not get rich off of disabled, elderly, poor women. Please.
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#17MCSummit The summit is in Mexico... home of thousands of "MFIs". Only a handful will participate in Summit. Is this our future?
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A4: #17MCSummit We need leaders with less self-interest inside industry; we need outside leaders involved in keeping industry in check.
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A2: #17MCSummit Balancing client and business really means putting the client first and the business second.
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A1 #17MCSummit When we self-promote beyond realistic goals, we set ourselves up for a bigger fall from grace.
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Q1 #17MCSummit Wishful thinking & marketing jargon. More realistic - Hope to HELP more & HARM fewer. We have a long way to go.
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#17MCSummit Hello, I'm @chuckwaterfield, CEO of @mftransparency and I'm one of the discussants today.
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Q8: (answer) Financial inclusion alone cannot eliminate global poverty. That is purely an industry marketing pitch. #MicrofinanceChat
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Q6: Two papers on repayment and overindebtedness: bit.ly/1hwcX0N bit.ly/1uepo3d #microfinancechat
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Q6: MF works by keeping loans small enough they can be paid from other household income. Default comes with large loans. #microfinancechat
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Q7: (answer) Payment of loans has little correlation to positive impact. Payment is motivated by honor and obligation. #MicrofinanceChat
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Q6: (answer) Let's move beyond Isolated case studies of five out of 5000 clients, all cherry-picked w/positive impact :) #MicrofinanceChat
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Q5: What is fair and ethical in pricing? Read here: bit.ly/U9l2Ot #microfinancechat
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Q5: A: Read more about how pricing works w/MFT: bit.ly/S3rc0w bit.ly/1pPkWW9 bit.ly/1x1zJSg #microfinancechat
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