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HomeNewsTunisia: Enda raises 72 MD for microfinance

Tunisia: Enda raises 72 MD for microfinance

Enda Tamweel said in a statement it has successfully completed a reserved capital increase of 72 million Tunisian dinars.

The development will enable Enda Tamweel to mobilize more debt financing in order to serve a greater number of micro-entrepreneurs in Tunisia, meet their growing microcredit needs, and contribute to the financial inclusion of populations excluded from the traditional financial system.

The amount was fully subscribed by six international investors: BIO (Belgium), PROPARCO (France), the SANAD Fund for MSME (Luxembourg), SIDI (France), TRIODOS Investment Management (Netherlands), and WWB Capital Partners (United States).

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