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ENDA Facility V

Sector: Consumer Products • Location: Tunisia

Source: International Finance Corporation (IFC)

Project
Pending

The proposed investment consists of a five-year senior unsecured Tunisian dinars loan of up to EUR100 million equivalent in local currency (LCY) to ENDA Tamweel (the “Borrower” or “The MFI”), split as follows: (i) up to EUR40 million on IFC own account, and (ii) up to EUR60 million syndicated parallel loan(s). The proceeds of the IFC loans (deliverable and non-deliverable loans) will be used to on

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The project “ENDA Facility V” is an infrastructure initiative in the Consumer Products sector, located in Tunisia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

pending

Taiyo status

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Description

Description

The proposed investment consists of a five-year senior unsecured Tunisian dinars loan of up to EUR100 million equivalent in local currency (LCY) to ENDA Tamweel (the “Borrower” or “The MFI”), split as follows: (i) up to EUR40 million on IFC own account, and (ii) up to EUR60 million syndicated parallel loan(s). The proceeds of the IFC loans (deliverable and non-deliverable loans) will be used to on-lend to MSMEs in Tunisia to help preserve and sustain low-income jobs. The team expects the following breakdown of the proceeds’ facility: 50% to women and women-owned businesses, 30% to the youth and young entrepreneurs, and 50% in rural areas (the “Project”).                                                   

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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