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Standardization of Accounting and Transparency in Microfinance Services

Sector: Government • Location: Mexico

Source: Inter-American Development Bank (IADB)

Project
Closed

The objective is to promote transparency in the management of financial information among the non-regulated microfinance institutions that are members of the Prodesarrollo network. It will support the elaboration of a standardized plan of accounts for the network and its implementation among its members, so that they report their information in a consistent form. Prodesarrollo will certify those m

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The project “Standardization of Accounting and Transparency in Microfinance Services” is an infrastructure initiative in the Government sector, located in Mexico. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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closed

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Description

Description

The objective is to promote transparency in the management of financial information among the non-regulated microfinance institutions that are members of the Prodesarrollo network. It will support the elaboration of a standardized plan of accounts for the network and its implementation among its members, so that they report their information in a consistent form. Prodesarrollo will certify those members that comply. Other mechanisms to promote transparency will be promoted. These standards will be promoted among other programs that support microfinance in Mexico.

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Source

Source reliability

High

Data quality score

100%

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URL

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