Mohamed Zmander (Enda Tamweel) obtains a €50m ($56.8m) syndicated loan from FMO

The Managing Director, who has been in office since last September, will receive significant financial support for the Tunisian Microfinance Institute.

10/03/2020 at 16h28, by Aurelie Benoit

FMO, the Danish development agency, signed an agreement on 3 March this year for a loan worth the equivalent of €20m ($22.7m) in dinars to Enda Tamweel. At the same time, the Scandinavian institution undertook to syndicate a further €30m ($34m) from donors on the continent.

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