Enda Tamweel
Founded in 1990, Enda Tamweel (“Enda”) is the pioneer micro-finance institution in Tunisia.
Amount
€ 5,863,753.66
Type of investment
Equity
Development impacts
- Local economic growth
- Financial inclusion
- Food security & rural development
Beneficiary locations
Investment field
Financial Institutions
Activity
Microfinance
Enda Tamweel serves a specific mission: “to economically empower marginalized households, and particularly women and youth, by providing a full range of high quality financial services and fostering micro-entrepreneurship”. Enda has a team of over 1,400 employees, a wide outreach through 80 branches across all 24 Tunisian governorates, and a diverse range of microfinance products.
Development impacts
-
Local economic growth
The loans offered by Enda are designed for productive use, thereby contributing to economic growth.
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Financial inclusion
Enda is a microfinance institution which is fully dedicated to serving bottom-of-the-pyramid clients and with a unique outreach, thereby having a key societal role in terms of financial inclusion in Tunisia.
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Food security & rural development
40% of Enda’s branches are located in rural areas and several of Enda’s core products are dedicated to serving smallholder farmers.
View more of our investments in this region
Financial Institutions
BRAC International Finance
12,815,000.00
Liberia, Sierra Leone, Tanzania, Uganda
08/11/2024
Debt