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TAYSIR

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
Data sheet
TAYSIR
Other links
Summary sheet
TAYSIR
Related press
Tunisia: The EIB boosts innovation in Tunisia via support for the private sector

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
Summary sheet
TAYSIR
Other links
Data sheet
TAYSIR
Related press
Tunisia: The EIB boosts innovation in Tunisia via support for the private sector

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).

News & Stories

Link to source
Related press
Tunisia: The EIB boosts innovation in Tunisia via support for the private sector
Other links
Data sheet
TAYSIR
Summary sheet
TAYSIR

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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