mftransparency @mftransparency
Promoting Transparent Pricing in the Microfinance Industry mftransparency.org Joined May 2009-
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@chuckwaterfield in WSJ: Why #Microfinance Loans have such high interest rates, @mftransparency on.wsj.com/1L582kO
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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.aspx?…
mftransparency retweeted
On the Calendar: #Microfinance Transparency – What Prices Do We Really Charge? nextbillion.net/events.aspx?ev… @MFClubUK @chuckwaterfield
@andrearumbaugh Give me a call at 717 475 6733. Chuck Waterfield, CEO, MFTransparency
@NextBillionFI @altmandaniel Sadly, I believe both are true. The industry calls 105% APR and 40% ROE "responsible behavior".
@altmandaniel @NextBillionFI @NextBillion @CompartamosBanc Clients don't understand the price; market theory is broken; 40% ROE & 105% APR.
@altmandaniel @NextBillionFI @NextBillion @CompartamosBanc Take care in applying generalized beliefs to contexts you aren't familiar with.
@NextBillionFI @altmandaniel You can buy a lot of marketing with high profits. Do you really believe everything marketers tell you?
mftransparency retweeted
#Microfinance must address the ?: Are there ethical limits to profits? says @mftransparency CEO at #17MCSummit: bit.ly/1rXSned
mftransparency retweeted
"Large % of the poor in #Mexico are juggling multiple loans, each priced over 100%" -@mftransparency CEO: bit.ly/1rXSned #17MCSummit
#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.
A6: #17MCSummit Police ourselves AND urge independent parties to police us. The poor need real & independent consumer protection.
@NextBillionFI #17MCSummit The plenary is on prices, profits, and over-indebtedness. And we have representation from MFIs, funders, & govt
@NextBillionFI #17MCSummit Very much so... in my plenary session on Friday morning.
#17MCSummit Be willing to take on not-profitable markets. Let's not get rich off of disabled, elderly, poor women. Please.
@NextBillionFI #17MCSummit We need to position ourselves by original vision (that attracted non-bankers) rather than position as "banks"
#17MCSummit The summit is in Mexico... home of thousands of "MFIs". Only a handful will participate in Summit. Is this our future?
@NextBillionFI #17MCSummit Hope that socially-minded business people will still be attracted to MF.... those who understand our vision
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