Getting Beyond Codes in Consumer ProtectionBeyond Codes is a collaborative action research project managed by Senior Fellow Heather Clark that examines how microfinance institutions can best implement consumer protection practices within their operations. Among microfinance practitioners, consumer protection is finally beginning to receive the attention it deserves. This attention is driven by several factors: the U.S. subprime crisis as well as financial crises in several countries; concern over high interest rates; and competition from consumer lenders. Beyond Codes will pilot the implementation of pro-consumer policies and practices in microfinance institutions, with a view towards creating the tools and experience that could underpin a pro-consumer certification process. The program will be carried out with participation by a wide range of actors in the microfinance industry to create consensus around pro-consumer best practices. To learn more about the Beyond Codes implementation process, click here.
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