Taysir Microfinance has released its audited financial statements for the year ending December 31, 2024, ahead of its Ordinary General Assembly meeting scheduled for Friday, May 9, 2025.
The company recorded a net profit of 14.2 million dinars (MD) in 2024, up 12.5% from 12.6 MD in 2023.
Total Revenue hit 50.1 MD, a 31.5% increase from 38.1 MD in 2023, driven primarily by interest and related income, which rose 31% to 46.3 MD (from 35.2 MD).
Operating expenses increased by 57.7% to 15 MD (from 9.5 MD in 2023).
Consequently, net microfinance income grew 22.7% to 35.1 MD (compared to 28.6 MD in 2023).
Operating profit reached 18.6 MD, up 21.8% from 15.3 MD in 2023, after accounting for personnel costs (9.2 MD), general operating expenses (5 MD), and provisions (2.2 MD).
Established in April 2013, Taysir Microfinance is Tunisia’s first licensed microfinance institution. Its capital of 26.3 MD is 99.99% owned by Horchani Finances.
