Improving access to finance for SMEs

On 4 August 2017, SLEIDSE programme, which is financed by the European Union and implemented by Expertise France, is organizing a high level event in Tunis to present its work on SMEs access to finance in Libya. This event will be organized in partnership with the Ministry of Planning.

The general objective of SLEIDSE in this field is to build a strong scheme that will promote the development of the Libyan private sector. Based on the acknowledgement that entrepreneurs face strong barriers in accessing finance, hence limiting the growth of Libyan private sector, SLEIDSE works on 3 main issues:

• In cooperation with BPI France, the Libyan National Guarantee Fund will be evaluated, restructured, adopt new strategies, receive adequate and tailored training programs that meet the international standards.
• In cooperation with Adie France, a microfinance product has been developed, the distribution channels have been identified along with a soundly built business plan, the distributing body will receive strong capacity building programs that meet the international standards.
• In cooperation with a crowdfunding consultant, the feasibility of introducing an online lending platform for Libya will be assessed and evaluated.

All these issues will be discussed on this high level event on 4 August 2017 in Tunis.

This activity was performed within SLEIDSE project, also financed by the European Union and implemented by Expertise France, which aims to support the development of entrepreneurship in Libya.