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Programme in favour of SME's

Tunisia

€ 73,000,000
Committed
€ 18,622,369
Used

Agency

Ministero dell'Economia e delle Finanze - Artigiancassa

Channel reported

-

Description

The line of credit allows Tunisian SMEs to access financial resources for long-term investment (up to 10 years) with a period of grace (up to 3 years) and for financial restructuring of SMEs. The tool, integrated in the local financial system, increases the competitiveness of Tunisian SMEs and favours the exit from the present economical crisis. To 30/09/2015, 73.000.000 euros were allocated and 16.100.592 were disbursed by Artigiancassa. read more close

Year Committed Used
2015 - € 8,225,919
2014 - € 9,394,300
2013 - € 840,000
2012 € 73,000,000 € 162,150

Project data

  • CRSID2011110020
  • Purpose Formal sector financ. intermediaries
  • Finance type Aid loan excluding debt reorganisation
  • Flow type Official Development Assistance
  • Bi/Multilateral Bilateral
  • Free Standing Technical Cooperation
  • Programme Based Approaches
  • Investment Project