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Wednesday 23 June 2021
HomeNewsTunisia: Horchani Group takes control of Taysir Microfinance

Tunisia: Horchani Group takes control of Taysir Microfinance

Taysir Microfinance has closed a capital increase dedicated to the financial company “Horchani Finance”, belonging to the Horchani group, which now holds 66.952% of the capital of the micro-credit institution.

According to a statement from Taysir Microfinance, the funds raised will strengthen the Company’s financial and shareholding structure and accelerate its development in the sector.

“This investment aims to contribute to the financial inclusion of populations excluded from the traditional financial system.

The objective is to allow greater mobilization of resources towards the ecosystem of micro-entrepreneurs and therefore contribute to the economic growth and social stability of Tunisia,” says the Horchani group.

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