Public Project ProfileLoan Agreement • May 10th, 2016
Contract Type FiledMay 10th, 2016Host Country: Tunisia Name of Borrower: Arab Tunisian Bank Project Description: Participating bank under the Tunisia Franchise & SME Facility. Please note that theGuaranty Facility Agreement (which is equivalent to a Loan Agreement) was Proposed OPIC Loan: $12,500,000 Total Project Cost: $17,370,130 U.S. Sponsor: Middle East Investment Initiative Foreign Sponsor: NA U.S. Economic Impact: The project is not expected to have a negative impact on the U.S. economy. There is no U.S. procurement associated with this project, and the project is expected to have a neutral impact on U.S. employment. The project will have a negative five-yearU.S. balance of payments impact. Developmental Effects: This project will have a positive developmental impact in Tunisia, by supporting loans to SME borrowers operating in a variety of sectors. The loan guarantee facility will spur growth in the SME sector, which, in this time of economic uncertainly, has limited access to capital. Some of these new loans a