Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20140259
    Release date: 9 July 2014

    Promoter – Financial Intermediary

    Adie International, a French NGO for the development of microfinance in Europe and the Mediterranean region.

    Location

    Description

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

    Objectives

    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.

    Sector(s)

    • Services - Financial and insurance activities

    Proposed EIB finance (Approximate amount)

    EUR 1 million

    Total cost (Approximate amount)

    EUR 5 million

    Environmental aspects

    N/A

    Procurement

    N/A

    Status

    Signed - 3/12/2014

    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).

    Related tags

    Tunisia Services