DAAM is a Tunisian micro‑finance institution that offers short‑ to medium‑term micro‑credits ranging from 3,000 DT to 15,000 DT with repayment terms up to 36 months, targeting micro‑entrepreneurs, traders, and artisans. Its online application process delivers loan decisions within 72 hours and includes specialized products for working capital, equipment, vehicle purchase, and women‑owned businesses, supported by a nationwide branch network and advisory services.
Funding
$7.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Micro‑entrepreneurs in Tunisia often lack access to timely, affordable financing for working capital, equipment purchases, and business expansion, limiting their ability to grow and transition from the informal to the formal sector.
Solution
DAAM is a micro‑finance institution that provides a range of short‑ to medium‑term micro‑credits tailored to the specific needs of small business owners, traders, and artisans. Applicants submit an online request, after which DAAM verifies eligibility, conducts a project visit, and processes the loan within 72 hours. Credit amounts range from 3 000 DT to 15 000 DT with repayment periods up to 36 months, enabling entrepreneurs to fund inventory, equipment, vehicle acquisition, modernization, or expansion projects. The institution also offers dedicated products for women entrepreneurs and supports financial inclusion through a network of local branches. By delivering rapid, flexible financing and personalized advisory support, DAAM helps micro‑businesses improve cash flow, increase productivity, and move toward formal banking relationships.
Target Audience
Primary customers are micro‑entrepreneurs, small traders, and artisans in Tunisia seeking short‑term financing for working capital, equipment, vehicle acquisition, or business expansion, including a focus on women‑owned enterprises.
Features
- Multiple micro‑credit lines (DAAM CASH, TAMWEEL, TIJARA, ISTETHMAR, AUTO) each designed for specific financing purposes such as working capital, investment, equipment, or vehicle purchase
- Online loan application with a five‑step process: request, eligibility check, on‑site project visit, document collection, and decision within 72 hours
- Loan amounts from 3 000 DT to 15 000 DT and repayment terms up to 36 months, providing flexible financing options
- Competitive interest rates and flexible eligibility criteria to accommodate informal and formal micro‑enterprises
- Dedicated products and support services for women entrepreneurs to promote gender‑inclusive financial access
- Nationwide branch network for in‑person assistance and project verification
- Ongoing case management and monitoring by credit officers to ensure loan performance and client support