Launch of Transparent Pricing Initiative in Kenya

In January 2010, MFTransparency launched its Transparent Pricing Initiative in Kenya. Introductory workshops were held in Kisumu and Nairobi. These were attended by representatives of microfinance institutions, industry support organizations, the central bank, financial sector deepening trust, and Kenya’s national networks. The workshops included various presentations by MFTransparency, covering topics such as:

• The need for pricing transparency globally
• How MFTransparency facilitates pricing transparency in microfinance
• Explanation of how institutions can submit data
• Training on effective interest rates