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    € 1,000,000
    Tunisia : € 1,000,000
    Services : € 1,000,000
    Signature date(s)
    3/12/2014 : € 1,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    9 July 2014
    Signed | 03/12/2014
    Project name
    Promoter - financial intermediary
    Adie International, a French NGO for the development of microfinance in Europe and the Mediterranean region.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1 million
    EUR 5 million

    Subordinated convertible loan for the benefit of a greenfield Tunisian microfinance institution.

    The project aims at supporting the activities of Taysir, a newly established microfinance company in Tunisia. The operation will back the development of the local financial sector for the on-lending to micro-projects, and bolster support for the private sector and the development of microenterprises. The investment will contribute to poverty reduction and social inclusion through access to finance for small rural farmers, young unemployed and self-employed.

    Environmental aspects



    Link to source
    Summary sheet


    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).

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    Other links
    Data sheet
    Summary sheet

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