Luxembourg, 21/12/2007 (Agence Europe) - FEMIP (the Facility for Euro-Mediterranean Investment and Partnership), the European Investment Bank's dedicated facility for the nine partner countries on the southern flank of the Mediterranean, granted a long-term loan of nearly 3.6 million Tunisian dinars (€2 million) to help develop the Tunisian ENDA Inter-Arabe microfunding association. Initial funding of €750,000 was granted in June 2006.
The new loan will allow ENDA to grant more than...