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ENDA INTER-ARABE III

Signature(s)

Amount
€ 4,000,000
Countries
Sector(s)
Tunisia : € 4,000,000
Services : € 4,000,000
Signature date(s)
30/05/2013 : € 4,000,000
Link to source
Data sheet
ENDA INTER-ARABE III
Other links
Summary sheet
Enda Inter-arabe III

Summary sheet

Release date
6 May 2011
Status
Reference
Signed | 30/05/2013
20110248
Project name
Promoter - financial intermediary
Enda Inter-arabe III

Enda Inter-arabe

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
TND equivalent up to EUR 4 million
Not applicable
Location
Sector(s)
Description
Objectives

Local currency loan to finance the expansion of Enda Inter-arabe, a Tunisian Microfinance association.

The proposed loan is expected to contribute actively to the funding of micro entrepreneurs that, because of their weaker position, are very exposed to the instability of the current transition period. The proposed transaction will support micro-enterprises, micro-entrepreneurs and agricultural producers in Tunisia by enhancing their access to the credit market, thereby contributing to both economic growth and social inclusion.

Environmental aspects
Procurement

Not applicable.

Not applicable (private sector investment).

Link to source
Summary sheet
Enda Inter-arabe III
Other links
Data sheet
ENDA INTER-ARABE III

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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