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You are in Direct - Inclusive Finance » PIIF Principle 5: Transparency
Fully disclose policies, criteria and related conditions of products and services to investees and other relevant stakeholders.
We have prepared a new Investment manual and we have also updated our our mission and investment objectives. This information is not yet published on our website.
We are currently still in the process of upgrading our MIS. As part of this upgrade we will include reporting indicators from IRIS.
Ensure that investees adequately disclose the pricing, terms and conditions of financial products and services offered, and that the pricing, terms and conditions are understood by clients.
During due diligence process we assess the (main) products and prices that are offered by the investee to its clients, we calculate the APR of the main product and compare this with industry and national standards. We discuss with the investee how they disclose this information to their clients and if they do this in a transparent way.
This is also one of the elements assessed ALINUS. If the score is too low this is a reason for not investing.