Launch of Transparent Pricing Initiative in Tanzania

On June 10th 2011 MFTransparency launched the Transparent Pricing Initiative in Tanzania with a workshop in Dar es Salam. Ghana is the seventh country that MFTransparency will be working with in the MasterCard Foundation-funded enabling APR & EIR Program.

The workshop was co-hosted with the Tanzania Association of Microfinance Institutions (TAMFI). A second workshop will be held in Arusha on June 13.

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 Tanzanian microfinance industry, and consumer protection, consumer education and financial literacy.