Enda Tamweel

Debt : June 2019

Founded in 1990, Enda Tamweel (“Enda”) is the pioneer micro-finance institution in Tunisia.

Amount

€ 8,000,000.00

Type of investment

Debt

Development impacts

  • Local economic growth
  • Financial inclusion
  • Food security & rural development

Beneficiary locations

Middle East & North Africa: Tunisia
Sub-Saharan Africa:

Investment field

Financial Institutions

Activity

Microfinance

Organisation

Enda Tamweel

Domicile

Tunisia

More investments in

Enda Tamweel

  • Equity € 5,863,753.66 (2017)

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.

  • 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.

  • 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.