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Programme in favour of SME's

Tunisia

Initiative timeframe: 2012/2018

Total initiative costs

€ 73,228,010.0
Reparted as
  • Loans € 73,000,000.0
  • Grants € 228,010.0

Status

25 Complete
25%

Tunisia


Location

Tunisia

Photo gallery

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

Main outcome

i) Strengthening of existing SMEs (through the modernization of their production and the promotion of their financial stabilsation) and the creation of new SMEs. ii) creation of 3500 jobs and the stabilisation of the financial situation of 200 SMEs in crisis.

Initiative data

Initiative number 009597
Purpose Formal sector financ. intermediaries
Sector II.4. Banking & Financial Services, Total

Subjects

Agency MAE - Direzione Generale per la Cooperazione allo Sviluppo
Counterpart authority Tunisian Authorities, Commercial Banks
Representative coop1.tunisi@esteri.it
Other financiers Tunisian Government

Beneficiaries

Tunisian SMEs.

Beneficiaries of which females 30.0%
Title € Committed € Used
SMES SUPPORT CREDIT LINE - LOCAL FUND 122,650 167,830
Programme in favour of SME's 73,000,000 24,253,919
SMES SUPPORT CREDIT LINE - Expert fund 3,330 3,330

Appraisal Report (Download)

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Date March 24, 2015

Agreement (Download)

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Date March 24, 2015
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MAECI-DGCS

Status On-Going
Type Technical Assistance/Consultancy and related expenses
Procedure Competitive Bidding
Procurement notice Tender preparation

MAECI-Italian Embassy

Status On-Going
Type Technical Assistance/Consultancy and related expenses
Procedure Competitive Bidding
Procurement notice Tender preparation

Local authority

Status Ongoing
Type Technical Assistance/Consultancy and related expenses
Procedure Competitive Bidding
Procurement notice Tender preparation