MTN Ghana to Partner with Microfinance Institutions

The Ghanan branch of Mobile Telecommunications Network, a leading emerging markets mobile operator, announced intentions to partner with microfinance institutions in the region to help microfinance clients to receive and pay loans using MTN Mobile Money.

Mr Serame Taukobong, Chief Executive Officer of MTN Ghana, told attendees at the official opening of the 3rd Mobile Money Month celebrations, “I am confident that a cashless society is not far off.” Ghana is second in MTN’s ranking of Mobile Money operations.

Besides MFIs, MTN Ghana is also pursuing partnerships with with  insurance companies, educational institutions and small and medium enterprises (SMEs).