Enda Tamweel Increases Its Capital by TND 72 million with the Entry of Six International Investors
Enda Tamweel has successfully completed a reserved capital increase of TND 72 million. The development will enable Enda Tamweel to mobilize more debt financing in order to serve a greater number of microentrepreneurs in Tunisia, meet their growing microcredit needs, and contribute to the financial inclusion of populations excluded from the traditional financial system.
The amount was fully subscribed by six international investors: BIO (Belgium), PROPARCO (France), the SANAD Fund for MSME (Luxembourg), SIDI (France), TRIODOS Investment Management (Netherlands), and WWB Capital Partners (United States).
This investment once again attests to the interest shown by these international financial institutions in Enda Tamweel in particular and in the microfinance sector in Tunisia in general, and strengthens Enda Tamweel’s long-standing strategic partnership with these institutions.