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Tunisia: BERD, Enda Tamweel and Attijari Bank support microfinance

The European Bank for Reconstruction and Development (EBRD) just announced, Tuesday February 02, 2021, that it has provided Attijari Bank Tunisia with an unfunded 50% risk-sharing guarantee on a loan to Enda Tamweel, the first microfinance institution in the country. As part of the EBRD’s risk sharing (RSF), Attijari Bank of Tunisia grants a loan of up to 20 million dinars, approximately US $ 7.4 million, to Enda Tamweel for on-lending to local MSMEs. The latter are its main customers and need financial support to cover their liquidity shortages, due to the impact of the coronavirus pandemic.

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