MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to Loan $32m to Tunisia’s Banque de Tunisie for On-Lending to Micro, Small, Medium-sized Enterprises (MSMEs); $3.2m to Support Women-Led SMEs in Kosovo

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, has agreed to lend EUR 30 million (USD 32 million) to Tunisia’s Banque de Tunisie, for on-lending to micro-, small and medium-sized enterprises (MSMEs) in the country.

MICROCAPITAL BRIEF: Fern Software Implements Abacus MIS System for Microfinance Institutions (MFIs) in Jordan, Tunisia; Premiering Arabic, French Editions of Software

UK-based Fern Software recently informed MicroCapital that it has implemented its Abacus financial management information system (MIS) in two additional languages: in Arabic for a microfinance institution (MFI) in Jordan and in French for an MFI in Tunisia.

MICROCAPITAL BRIEF: Sanad Fund for MSME Loans $5m to Enda Inter-Arabe to Serve More Low-income Microentrepreneurs in Tunisia

The Sanad Fund for MSME (micro-, small and medium-sized enterprise), a Germany-based provider of “medium- and long-term” and equity financing in the Middle East and North Africa, recently agreed to loan the equivalent of USD 5 million in local currency to Enda Inter-Arabe, to help it expand its lending into additional underserved areas of Tunisia.

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $45.3m to Union bancaire pour le commerce et l’industrie (UBCI) of Tunisia for On-lending to Micro-, Small, Medium-sized Enterprises (MSMEs)

The European Bank for Reconstruction and Development (EBRD), a multilateral institution headquartered in London, has announced that it will loan EUR 40 million (USD 45.3 million) to Union bancaire pour le commerce et l’industrie (UBCI), the Tunisian commercial banking subsidiary of BNP Paribas, a French financial group.

MICROCAPITAL BRIEF: Développement international Desjardins (DID) to Establish 4 More Entrepreneur Financial Centers in Tunisia, Elsewhere in Africa, Latin America

Développement international Desjardins (DID), a Canadian nonprofit providing technical support and investment for the community finance sector in emerging economies, has announced that it will establish four new entrepreneur financial centers (EFCs) in Africa and Latin America.

MICROCAPITAL BRIEF: Sanad Fund for MSME Lends $20m to Amen Bank for Very Small, Small, Medium-sized Enterprises in Tunisia

The Sanad Fund for MSME (micro-, small and medium-sized enterprises), a Germany-based fund providing loans in the Middle East and North Africa, recently provided a senior loan of USD 20 million to Amen Bank, a Tunisia-based private commercial bank.

MICROCAPITAL BRIEF: Triodos Investment Management Invests in Tunisia’s Enda Inter-Arabe, Uganda’s Entrepreneur Financial Centre

Triodos Investment Management, a subsidiary of Netherlands-based Triodos Bank, recently disbursed loans of unspecified sizes to Enda Inter-Arabe, a Tunisian financial services provider that is part of Senegal-based non-governmental organization Enda Third-World, and Entrepreneur Financial Centre (EFC) Uganda, a microfinance institution that provides financial services to micro-, small and medium-sized enterprises (MSMEs). 

MICROCAPITAL BRIEF: European Investment Bank Signs $25m in Financing Agreements with Banque Tuniso-Koweitienne, Tunisian Microfinance Institution (MFI) Taysir

The European Investment Bank (EIB), the Luxembourg-based long-term lending bank of the European Union (EU), recently approved two financing agreements with a total value of EUR 21 million (USD 25.2 million).

MICROCAPITAL BRIEF: European Investment Bank, Tunisian-Kuwaiti Bank, Tunis Entrepreneurship Network Plan to Loan $52m to Tunisian Micro-, Small, Medium-sized Enterprises (MSMEs)

The European Investment Bank (EIB), the Luxembourg-based long-term lending bank of the European Union (EU); the Banque Tuniso-Koweitienne [Tunisian-Kuwaiti Bank] (BTK), a financial institution founded by the governments of Tunisia and Kuwait; and the Tunis Entrepreneurship Network (TEN), an association that assists entrepreneurs and small businesses in Tunisia, reportedly have announced a draft agreement to finance micro-, small and medium-sized enterprises (MSMEs) in Tunisia.

MICROCAPITAL BRIEF: Sanad Fund for MSME Lends $9m to Tunisie Leasing to Support Micro-, Small, Medium-sized Enterprises (MSMEs) in Tunisia

The Sanad Fund for MSME (micro-, small and medium-sized enterprises), a Germany-based fund providing loans in the Middle East and North Africa, has agreed to loan EUR 7 million (USD 9.4 million) to Tunisie Leasing, a Tunisian leasing company that focuses on serving MSMEs in Tunisia and Algeria.

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD), International Cooperation and Development Fund of Taiwan (TaiwanICDF) Loan Tunisie Leasing $14m to Fund Micro-, Small, Medium-sized Enterprises (MSMEs) in Tunisia

The European Bank for Reconstruction and Development (EBRD), a multilateral institution headquartered in London, and the International Cooperation and Development Fund of Taiwan (TaiwanICDF), the principal body that oversees Taiwan’s overseas development programs, have jointly disbursed a loan of EUR 10 million (USD 13.7 million) to Tunisie Leasing, a financial institution that offers leasing services in Tunisia and Algeria.

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD), European Union to Provide Technical Assistance to Small, Medium-sized Enterprises (SMEs) in Tunisia

The Small Business Support (SBS) team of the European Bank for Reconstruction and Development (EBRD), a UK-based financial institution, recently began operations in Tunisia, with plans to provide small and medium-sized enterprises (SMEs) with technical tools and management skills in order to help them innovate, increase efficiency and boost productivity.

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to Loan $7m to Enda Inter-Arabe for On-Lending to Micro-, Small Enterprises (MSEs) in Tunisia

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, is lending TND 11 million (USD 7 million) to Enda Inter-Arabe, a Tunisian financial services provider and arm of Senegal-based non-governmental organization Enda Third-World.

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Considers $21m Loan to Compagnie Internationale de Leasing (CIL) for Micro-, Small and Medium-sized Enterprises (MSMEs) in Tunisia

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, is considering offering a senior, unsecured loan of approximately EUR 15 million (USD 21 million) to Tunisian leasing company Compagnie Internationale de Leasing (CIL) to expand its servicing of micro-, small and medium-sized enterprises (MSMEs) in Tunisia.

MICROCAPITAL BRIEF: responsAbility Loans $20m to Microlender Enda Inter-Arabe of Tunisia

ResponsAbility Investments, a Swiss investor in microfinance and other sectors, recently notified MicroCapital that it has disbursed a loan of EUR 15 million (USD 20.4 million) to Enda Inter-Arabe, a Tunisian financial services provider that is also an arm of Senegal-based non-governmental organization Enda Third-World [1].

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to Loan $64.8m to Banque Tuniso-Kowetienne of Tunisia for On-lending to Micro-, Small, Medium-Sized Enterprises (MSMEs), Trade Financing

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development bank, recently announced that it will extend a loan of EUR 40 million (USD 54.8 million) to Banque Tuniso-Kowetienne (BTK), a Tunisia-based commercial bank.

MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) May Loan $27m to Tunisie Leasing to Support On-lending to Micro-, Small, Medium-sized Enterprises (MSMEs) in Tunisia

The European Bank for Reconstruction and Development, a UK-based multilateral financial institution, is researching the possibility of disbursing a senior, unsecured loan of no more than EUR 20 million (USD 27.3 million) to Tunisie Leasing, a leasing company with operations in Tunisia and Algeria, to support its on-lending to micro-, small and medium-sized enterprises (MSMEs) in Tunisia.