News
Press Release
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SANAD extends partnership with Enda inter-arabe
to serve more low-income micro-entrepreneurs
in Tunisia
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SANAD expands into Tunisia with USD 6 million local currency loan to Enda inter-arabe
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Frankfurt am Main and Tunis, 10 July 2013
The SANAD Fund for MSME (‘SANAD’ or ‘the Fund’) signed a local currency loan in Tunisian dinars equivalent to USD 6 million with Enda inter-arabe (Enda), the market leader in the Tunisian microfinance sector. It is SANAD’s first debt investment in the country.
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A new branch in Foussana !
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Enda inter-arabe opened a new branch on July 1st, 2013 in Foussana delegation ( Kasserine, center-west). This branch is the fifth to open in Kasserine, in addition to those of north Kasserine, Feriana, Sbeitla and Tala.
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Enda Inaugurates New Headquarters
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Enda inter-arabe has officially opened its new headquarters in El Khadhra neighbourhood in Tunis. The new four-storey headquarters, a symbol of Enda’s growth and success over the past two decades, houses 135 full-time employees.
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EIB grants a 4 million Euros loan to Enda inter-arabe
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The European Investment Bank (EIB) granted a loan of 4 million Euros to Enda inter-arabe on the 30th May 2013. The signing ceremony - by of Mr. Philippe de Fontaine Vive, Vice-President of the EIB, and Mrs. Essma Ben Hamida, Executive Director of Enda inter-arabe - was held at Enda’s new headquarters just prior to the inauguration ceremony of the new building.
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