Transparency is a key part of the Client Protection Principles in microfinance, ensuring clients know exactly what they are paying for. MFIs must clearly communicate interest rates, fees, repayment schedules, and penalties in simple language. When borrowers fully understand these terms, they can make informed decisions and avoid surprises. Transparency strengthens trust, reduces disputes, and ensures healthier lender-client relationships. ✔ Clear pricing ✔ Simple explanations ✔ Honest disclosure ✔ No hidden charges
