Microbusiness

TAEF supports select microfinance institutions (MFIs) regulated by the “Autorité du Contrôle de la Microfinance (ACM).”
These MFIs provide scarce loans to working Tunisian micro-entrepreneurs throughout the country.
TAEF is an active investor providing debt, equity, technical assistance and participating in the MFIs’ governance through the expertise of its board members.

TAYSIR MICROFINANCE

Sector of Activity : Microfinance
Amount invested : 2.5M$

Taysir, first microfinance joint stock company to have obtained the Ministry of Finance agreement, has launched its operations in June 2014 with four agencies: Tunis, Béni Khalled, Kef and Siliana. Taysir aims primarily the rural zones and the popular areas of the grand Tunis. Taysir finances and supports all revenue generated activities with an orientation towards the young and the women with a project or in activity.

To date, Taysir has financed more than 2500 people and supported more than 1600.

To better access its clients, Taysir develops itself thanks to its mobile agencies, the mobile banking and new technologies. A team of young advisors are available to micro entrepreneurs and project holders to advise and orient them.

Local investors, mainly local banks, insurance companies, leasing companies and internationals namely the European Union, the “Agence Française de développement”, the QFF( the Quatari Friendship Fund ), the European Investment bank, GIZ and TAEF have supported TAYSIR activity by being conscious of its economic and social impact and by contributing to its rise and growth.

In 2015, TAEF has signed an investment contract of 2.5 millions of dollars with Taysir. This partnership allowed Taysir to open more agencies, to grow its clients portfolio and to target a larger number of small clients, of microenterprises.

More about Taysir Microfinance

CFE (Centre Financier aux Entrepreneurs) Tunisia

Sector of activity : Microfinance
Amount invested : 12.3MTND and support in technical assistance

The CFE Tunisia has an objective of increasing the access of professional and financial services to micro and small entrepreneurs in order to contribute to a sustainable prosperity, to the emergence of the private sector and to enhance the Tunisians life conditions.

The CFE Tunisia has been put in place by the “Développement international Desjardins(DID)” and counts among his partners the group Africinvest, which like DID, acts like the promoter and the shareholder of CFE since its early beginnings.

In December 2016, the capital of CFE has welcomed Proparco, Agence Française de Développement(AFD), dedicated to the private sector intervening for more than 40 years in favor of sustainable development in 80 countries in Africa, Asia, Latin America and Middle East.

In addition, the Canadian government through the “ Affaires mondiales Canada”, the “ Agence Française de Développement(AFD) and the international Finance Corporation (IFC), member of the World Bank group; also brings to CFE a financial support for the operation and development of the institution.

In 2018, TAEF announced the transaction closing with the company CFE ( centre financier aux entrepreneurs) related to an investment combined with debt and equity for a total amount of 12.3 million of dinars with a technical assistance support. This investment is within TAEF strategy frameworks to support the development and the financing of the microfinance sector and particularly microfinance institutions.

This second TAEF investment in the microfinance sector has an objective of sustaining microcredits portfolio growth allocated by CFE, regional development and the opening of new agencies as well as the necessary support in terms of human and technical growth.

More about CFE