Launch of Transparent Pricing Initiative in Ghana

On February 25, 2011 MFTransparency launched the Transparent Pricing Initiative in Ghana with a workshop in Accra. Ghana is the third country that MFTransparency will be working with in the MasterCard Foundation-funded enabling APR & EIR Program.

The workshop was co-hosted with the Ghana Microfinance Institutions Network (GHAMFIN). A second workshop will be held in Tamale on Monday 28^th February.

In this workshop MFTransparency provided training on pricing transparency to a range of local industry stakeholders including microfinance institutions, regulators, funders and other support organizations.

The main objective of the enabling APR & EIR Program is to promote improved consumer protection principles through microfinance product pricing transparency. At the launch workshop MFTransparency presented on various topics including the implementation of pricing transparency in the Ghanaian microfinance industry, and consumer protection, consumer education and financial literacy.