Release date: 6 May 2011
Promoter – Financial Intermediary
Enda Inter-arabe
Location
Description
Local currency loan to finance the expansion of Enda Inter-arabe, a Tunisian Microfinance association.
Objectives
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.
Sector(s)
Proposed EIB finance (Approximate amount)
TND equivalent up to EUR 4 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
Not applicable.
Procurement
Not applicable (private sector investment).
Status
Signed - 30/05/2013
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).