Transparency Pact

Objectives

MAIN network offers its members to mark their commitment through a transparency pact, with the objective of promoting and developing transparency of microfinance institutions in Africa through the tools and good practices recognized by the microfinance sector.
Through the pact, institutions commit to:
– Sign and return the Transparency Charter
– Implement the recommended transparency actions: sharing Factsheet and SPI4 tools
– Be rewarded at the MAIN Transparency Award

Interests of the transparency pact

For the sector

  • Unite MFIs around a common commitment to transparency in the sector
  • Offer a set of basic best practices to implement
  • Encourage data sharing and facilitate its collection
  • Facilitate financial and social reporting on the new ATLAS platform

For MAIN (and its member associations)

  • Make MAIN a competence center on transparency
  • Offering additional services to members
  • Encourage MFIs to implement their transparency policy with the support of MAIN
  • Encouraging new institutions to join the network

For MFI members

  • Know and use the best practices recognized by the industry
  • Compare to other MFIs and target improvement priorities
  • Be visible to investors and highlight social performance
  • Be recognized for efforts in terms of transparency
  • Get the MAIN Transparency badge, a sign of willingness to be transparent
  • Facilitate financial and social reporting on the new ATLAS platform
  • Win a prize awarded by MAIN for the greatest transparency efforts

Methodology

MAIN members, with the support of MAIN, must engage and carry out transparency-related actions. MFIs will demonstrate their actions and progress with MAIN through various means as defined by the MAIN Transparency Award criteria. MAIN support MFIs’ evolution in transparency and facilitate reporting.

signatories

 

Institution

Award

Country

Date

COOPEC TOGO PORT

 

Togo

13/09/2024

BANK AL-IBDAA

 

Mauritanie

17/05/2023

CAMUFE

 

Bénin

30/07/2021

COCEC Togo

 

Togo

09/04/2021

RCPB

 

Burkina Faso

07/04/2021

UCNEC

 

Mali

02/04/2021

MECI MFI

 

Togo

05/02/2021

ALAMANA MICROFINANCE

 

Maroc

11/03/2021

COOPEC AD

 

Togo

26/03/2021

SMICO

 

RDC

25/03/2021

UCEC MK

 

Tchad

30/03/2021

HARBU MFI SERVICE

 

Ethiopie

30/03/2021

COOPEC LA FRUCTUEUSE

 

Togo

31/03/2021

IMF HEKIMA

 

RDC

02/09/2020

ACFIME

Bronze

Burkina Faso

15/01/2020

PAIDEK SA

 

RDC

15/01/2020

ID GHANA

Bronze

Ghana

16/06/2020

FIGEC SA

Silver

Cameroun

21/01/2020

ASSILASSIME

Gold

Togo

21/01/2020

ATTADAMOUNE

Bronze

Maroc

21/01/2020

MODEC

 

Bénin

21/01/2020

CAPPED

 

Congo

30/01/2020

SIPEM

Bronze

Madagascar

06/02/2020

ISHAKA MICROFINANCE SA

Bronze

Burundi

06/02/2020

IAMD

Bronze

Bénin

12/02/2020

KAFO JIGINEW

Silver

Mali

17/02/2020

FINADEV BENIN

 

Bénin

14/01/2020

HOFOKAM

 

Ouganda

19/02/2020

MUFEC KARA

Bronze

Togo

31/01/2020

ENDA TAMWEEL

Bronze

Tunisie

22/01/2020

ABF

 

Burkina Faso

19/02/2020

UMECTO

 

Togo

19/02/2020

WISE

Bronze

Burundi

19/02/2020

MILLENIUM

Silver

Togo

27/01/2020

COSPEC

 

Burundi

20/02/2020

FINADEV GUINEE

Bronze

Guinée

20/02/2020

RIM Ltd

Gold

Rwanda

20/01/2020

PROMOFINANCE

Bronze

Togo

20/02/2020

BUUSAA GONOFAA

 

Ethiopie

21/02/2020

UCEC

 

Cameroun

24/02/2020

WAGES

Gold

Togo

25/02/2020

YIKRI

 

Burkina Faso

25/02/2020

CECA

 

Togo

21/02/2020

OTIV de la DIANA

 

Madagascar

27/02/2020

SOFINA S.A.

 

Cameroun

27/02/2020

URC Nazinon

 

Burkina Faso

27/02/2020

COOPEC-SIFA

 

Togo

27/02/2020

MUTUELLE AKWABA

 

Togo

28/02/2020

FADIMA SA

 

Burkina Faso

27/02/2020

FUCEC-TOGO

Silver

Togo

27/02/2020

MUFEDE-B

Bronze

Burkina Faso

24/02/2020

UMWALIMU SACCO

 

Rwanda

28/02/2020

COOPEC GUILGAL

Bronze

RDC

26/05/2020

URCLEC

 

Togo

27/02/2020

ASIENA

 

Burkina Faso

02/03/2020

VERDANT CAPITAL

 

Mauritius

27/02/2020

COOPEC ILEMA

 

Togo

07/03/2020

GRAINE SARL

Silver

Burkina Faso

20/03/2020

AFRICA FINANCES

 

Bénin

18/06/2020