Kawther is one of 1,000 ‘micro-entrepreneurs’ in Tunisia who have benefited from an EBRD credit line that is designed to help those frequently overlooked by commercial banks.
With a small loan of TND 4,000 we’ve helped Kawther establish her dream business. Her beauty parlour uses only organic products and offers a full range of services: facial care, body massages, haircuts and treatments, manicures and pedicures.
A loan of TND 4 million to Microcred is on-lent to women, young entrepreneurs and people living in rural areas to develop their own businesses.
The project is supported by European Union funding under its EU Initiative for Financial Inclusion.*
* The EU Initiative for Financial Inclusion is a comprehensive programme to help micro, small and medium-sized businesses in the southern and eastern Mediterranean region to become more competitive and grow. It provides finance and know-how to boost development and create jobs.