Enda Tamweel
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
Investment field
Financial Institutions
Activity
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
Investment Companies & Funds
African Rivers Fund IV
10,000,000.00
Angola, Democratic Republic of Congo, Uganda, Zambia
05/12/2024
Equity
