There is an obvious need among Tunisian expatriates to invest back to their home country in a structured and sustainable way, particularly after January 14th. Many of them do not know how to do it in an effective way. They are tired of giving away money to small local foundations that are rarely effective and sustainable.
The transaction cost of investing in Tunisia is still too high for the “average” Tunisian abroad, and the options available terribly lack innovation: either you put your money in a local saving account or you buy parts in a fund with a ridiculously high amount required.
With the development of the internet, crowd-funding and impact investing, one of our members, Hatem Mahbouli saw an opportunity to leverage these tools in order to reach the Tunisians abroad and help them invest in developing the private sector in a constructive, active and simple way. As a Tunisian abroad, you will be able to:
· Connect to the “Tunisian Diaspora collaborative fund’s website
· Choose the amount to invest with your Paypal account or credit card (usually between $500 and $5000)
· Have access to the entrepreneurs to be financed, vote for the best projects, interact with other “micro-investors”etc.
· Get your money back and more over the defined timeframe according to terms and conditions
The money will thereafter go to a local Tunisian investment fund that will invest all the participations in chosen entrepreneurs, taking into account the comments of “micro-investors”.
In order to achieve its goals of bringing together the Tunisian diaspora who lives (or has lived) in the United States, TAYP needs your support. You can help us by becoming a member. You can also help us with your time, your donation and/or your connections.
Becoming a yearly TAYP sponsor will guarantee you, every year, with your logo on all TAYP communications (web site, newsletter, event invitiations, investment brochures, flyers and postcards) along with a recognition of your contribution in every TAYP presentation throughout that calendar year.
We are a group of Tunisian American professionals dedicated to fostering economic links between the US and Tunisia. Your donation will help us carry over effectively the following SIX missions:
In addition TAYP offers fee-based advisory services to US firms that need more specific information on a particular investment opportunity in Tunisia.
Our success is dependent upon your support.
© 2012 Tunisian American Young Professionals