According to the Managing Director of Procredit in Ghana, Mrs Sarah Tsien Zetterli, the microfinance market in Ghana is close to saturation and had become overcrowded.  She called on the Bank of Ghana to regulate the number of new entries into the market. Read more here. Even the GAMC (Ghana Association of Microfinance Companies) has expressed concern over the low level of regulation practiced by the Bank of Ghana in letting new entrants into the market without adhering to proper guidelines. Read more here.