Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 1,000,000
    Countries
    Sector(s)
    Tunisia : € 1,000,000
    Services : € 1,000,000
    Signature date(s)
    3/12/2014 : € 1,000,000
    Link to source

    Summary sheet

    Release date
    9 July 2014
    Status
    Reference
    Signed | 03/12/2014
    20140259
    Project name
    Promoter - financial intermediary
    TAYSIR
    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
    Location
    Sector(s)
    Description
    Objectives

    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
    Procurement

    N/A

    N/A

    Link to source

    Disclaimer

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

    News & Stories

    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications