Release date: 14 June 2023
Promoter – Financial Intermediary
ENDA TAMWEEL SALocation
Description
The operation consists of a synthetic senior loan in Tunisian Dinars (TND) to support the promoter's microfinance activities in Tunisia and thus microenterprises and the most vulnerable population in the country.
Objectives
The aim is to enhance access to finance for micro/small enterprises in Tunisia, with a particular focus on women, youth, refugees and poor people living in rural and remote areas located outside of large towns or cities.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 12 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 26/06/2023
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).