Microinvest

Context :

Moldova's population is still relatively rural, with 54.3% of the population living in urban areas and 22.3% in the capital. Agriculture employs approximately 26.4% of the working-age population and generates 14.6% of GDP (36.3% if the entire agri-food sector is included).

The institution:

OCN Microinvest SRL (Microinvest) provides microcredit and business start-up assistance to small entrepreneurs in many regions of the Republic of Moldova. 70,000 rupees of the loan portfolio represent loans to private entrepreneurs living in both rural and rural areas of this landlocked country between Ukraine and Romania. In terms of loan portfolio volume, it is the leader in the non-bank lending market and number 6 in the Moldovan banking ranking.

Impact :

Microinvest's financial products include small business loans, loans for the purchase of household appliances and other goods through partner stores, loans for the purchase of consumer goods, as well as home improvement loans and loans.