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        ENDA TAMWEEL

        Signature(s)

        Amount
        € 8,500,000
        Countries
        Sector(s)
        Tunisia : € 8,500,000
        Credit lines : € 8,500,000
        Signature date(s)
        19/06/2019 : € 8,500,000
        Link to source
        Data sheet
        ENDA TAMWEEL
        Other links
        Summary sheet
        ENDA TAMWEEL
        Related press
        Tunisia: EIB lends the equivalent of EUR 8.5m in Tunisian dinars to Enda Tamweel to support microfinance
        Parent project
        ERI MICROFINANCE FACILITY

        Summary sheet

        Release date
        15 May 2019
        Status
        Reference
        Signed | 19/06/2019
        20180718
        Project name
        Promoter - financial intermediary
        ENDA TAMWEEL
        ENDA TAMWEEL SA
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 9 million
        not applicable
        Location
        Sector(s)
        Description
        Objectives

        The project consists of up to EUR 9m (equivalent in Tunisian Dinars) of financing covering the microfinance portfolio of Enda Tamweel, a microfinance company in Tunisia.

        The project will provide access to finance for micro/small enterprises specifically targeting women, youth, refugees and poor populations living in rural areas.

        Environmental aspects
        Procurement

        Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

        Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

        Link to source
        Summary sheet
        ENDA TAMWEEL
        Other links
        Data sheet
        ENDA TAMWEEL
        Related press
        Tunisia: EIB lends the equivalent of EUR 8.5m in Tunisian dinars to Enda Tamweel to support microfinance
        Parent project
        ERI MICROFINANCE FACILITY

        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

        Link to source
        Related press
        Tunisia: EIB lends the equivalent of EUR 8.5m in Tunisian dinars to Enda Tamweel to support microfinance
        Other links
        Summary sheet
        ENDA TAMWEEL
        Data sheet
        ENDA TAMWEEL
        Parent project
        ERI MICROFINANCE FACILITY

        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.

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