Afran : Tunisia: Spotlight on Micro-Project Financing
on 2009/12/23 11:16:47
Afran

20091222
allafrica

Tunis — A study day on financing micro-projects was held in Tunis on Tuesady. The event was organized by the Business Centers of Tunis, the Tunisian Solidarity Bank (BTS) and the Chamber of Commerce and Industry of Tunis (CCIT).

The main objective of the event is to provide project ideas holders and university graduates financial benefits and make available to them the possibility to set up their own micro-enterprises.

In his opening address, Mr Chokri Mamoghli, Secretary of State in charge of Foreign Trade, recalled the 6th item of the Presidential program which provides for the development of a new legal framework allowing for a 50% increase in loans by the Tunisian Solidarity Bank ( BTS) to would-be project holders.

He also stressed Tunisia's efforts to improve the business climate, investment and export through the modernization of laws and the strengthening of the administrative mechanisms of micro-entrepreneurs.

For his part, Mr. Lamine Hafsaoui, the director general of the BTS, said that the bank has funded nearly 120,000 projects since its inception.

On the sidelines of this event, Mr. Mamoghli paid a visit to an exhibition of projects funded by the BTS.

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