Since its launch at the Bali Microcredit Summit in July 2008, over 180 individuals have endorsed the transparency principles of MFTransparency, an initiative aimed at implementing pricing transparency in microfinance. Founded by long time microfinance practitioner and trainer Chuck Waterfield, MFTransparency aims to go one step beyond existing data sources such as the MBB and MIX by providing comprehensive portfolio yield information.

MFTransparency has secured initial startup funding from Oikocredit, DOEN Foundation, and three MicroNed members (Hivos, ICCO, and Oxfam Novib). Data collection has begun in Peru and Bosnia through a pilot testing of the MFTransparency methodology funded by CGAP.