LANCASTER, PA, July 1st, 2010 — MicroFinance Transparency (MFTransparency) and Luxembourg Development Cooperation have partnered to expand the Transparent Pricing Initiative to West Africa. MFTransparency will begin to implement the Initiative in July to promote pricing transparency and consumer protection throughout the region.
Two workshops in Dakar, Sénégal and Ouagadougou, Burkina Faso on July 6 and July 9, respectively, will train industry professionals on issues related to pricing transparency and mark the launch of the Transparent Pricing Initiative in the first two countries of the West African Economic and Monetary Union (WAEMU). Strategic implementation partners in this effort are MFTransparency’s regional partner INAFI (International Network of Alternative Financial Institutions) and local microfinance networks. In Senegal, MFTransparency collaborates with DMF (Direction of the Microfinance) and AP/SFD-Sénégal (Association Professionnelle des Systèmes Financiers Décentralisés). In Burkina Faso, MFTransparency works with APIM-BF (Association des Systèmes Professionnels des Institutions de la Microfinance au Burkina Faso) to implement the Initiative. Read more
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