Enda Tamweel

Equity : December 2020

BIO has invested an additional TND 1.2 M in equity in Enda Tamweel, the pioneer microfinance institution in Tunisia.

Amount

€ 365,916.96

Type of investment

Equity

Development impacts

  • Local economic growth
  • Financial inclusion
  • Food security & rural development
  • Access to basic services & goods
  • Gender

Beneficiary locations

Middle East & North Africa: Tunisia

Investment field

Financial Institutions

Activity

Microfinance institution

Organisation

Enda Tamweel

Domicile

Tunisia

More investments in

Enda Tamweel

  • Debt € 8,000,000.00 (2019)
  • 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

    Credit provision to MSMEs - Enda is dedicated to promoting entrepreneurship, up to micro and very small companies. BIO's investment supports the growth of credit provision to micro-enterprises

  • Financial inclusion

    Enda is a microfinance institution that 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

    Enda is the only real rural player with 40% of branches in rural areas. Enda intends to expand even further to rural areas and to increase the share of its agriculture portfolio to 40% in 2022. Willingness to integrate micro-insurance product to cover climate risk.

  • Access to basic services & goods

    Solfa and Mechia products (11.5% of GLP in 2017) for micro-entrepreneurs (mainly women) working from home who borrow up to TND 3k to develop income-generating activitie

    Darna product (8.7% of GLP in 2017) to improve housing conditions and also avoid diversion of loans from the micro-activities

  • Gender

    Scores on two 2X criteria

    - leadership (42% of Board members are female) and

    - consumption (59% of borrowers are women)

View more of our investments in this region

The Currency Exchange Fund n.v.

Financial Institutions

The Currency Exchange Fund n.v.

  7,091,000.00

  Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

  05/09/2007

  Equity

Africinvest Fund II LLC.

Investment Companies & Funds

Africinvest Fund II LLC.

  6,000,000.00

  Tunisia, Burkina Faso, Cameroon, Côte d'Ivoire, Ghana, Kenya, Nigeria, Senegal

  28/08/2008

  Equity

Argan Infrastructure Fund LLC PCC (ARIF)

Investment Companies & Funds

Argan Infrastructure Fund LLC PCC (ARIF)

  6,000,000.00

  Algeria, Egypt, Morocco, Tunisia

  29/11/2011

  Equity

Amethis Maghreb Fund I (ex. CNAV II)

Investment Companies & Funds

Amethis Maghreb Fund I (ex. CNAV II)

  5,000,000.00

  Morocco, Tunisia

  31/05/2013

  Equity

Maghreb Private Equity Fund IV

Investment Companies & Funds

Maghreb Private Equity Fund IV

  10,000,000.00

  Algeria, Egypt, Morocco, Tunisia

  29/11/2017

  Equity

Centrale Solaire de Bir El Haffey S.A.

Infrastructure

Centrale Solaire de Bir El Haffey S.A.

  4,830,000.00

  Tunisia

  20/09/2020

  Debt

Centrale Solaire de Bir El Haffey S.A.

Infrastructure

Centrale Solaire de Bir El Haffey S.A.

  14,937.25

  Tunisia

  03/07/2019

  Subsidy

Tunisie Leasing & Factoring

Financial Institutions

Tunisie Leasing & Factoring

  15,000,000.00

  Tunisia

  17/12/2019

  Debt

Maghreb Private Equity Fund II

Investment Companies & Funds

Maghreb Private Equity Fund II

  6,000,000.00

  Algeria, Morocco, Tunisia

  29/06/2006

  Equity

Enda Tamweel

Financial Institutions

Enda Tamweel

  8,000,000.00

  Tunisia

  21/06/2019

  Debt

Enda Tamweel

Financial Institutions

Enda Tamweel

  5,863,753.66

  Tunisia

  16/11/2017

  Equity

Maghreb Private Equity Fund III

Investment Companies & Funds

Maghreb Private Equity Fund III

  6,000,000.00

  Algeria, Morocco, Tunisia

  05/09/2011

  Equity

Maghreb Private Equity Fund III

Investment Companies & Funds

Maghreb Private Equity Fund III

  2,000,000.00

  Algeria, Morocco, Tunisia

  16/09/2014

  Equity