In Tunis, FEMIP undertakes to promote microfinance in the Mediterranean region
FEMIP and Sanabel, the network of microfinance institutions in the Arab countries, held a conference in Tunis on 5 May 2008 on the subject "Microfinance in the Mediterranean: what impact?", which brought together over 420 participants to engage in debate with some thirty speakers from microcredit institutions, the banking sector, finance institutions, academia and civil society. The conference saw the unveiling of a study on the economic and social impact of microfinance in the Mediterranean designed to foster a better understanding of the outlook for microfinance in the region.