Moldova

Financial services

Funding granted

Loan of €2,0M *
(equivalent in local currency)

Foundation partner

since 2020
(1 loan granted)

*Outstanding amount at grant value
Partner website

Context:

In Moldova, the population is still relatively rural, with 54% of the population living in urban areas and 22% in the capital. Agriculture employs around 26.4% of the working age population and generates 14.6% of the GDP (36% if the entire agro-food sector is included).

The institution:

SC Microinvest SRL (Microinvest) provides microloans and business start-up assistance to small entrepreneurs in many regions of the Republic of Moldova. Many of the beneficiaries of Microinvest loans are private entrepreneurs living in rural areas, in this landlocked country between Ukraine and Romania. It is one of the main MFIs in Moldova, headquartered in Chisinau.

Impact:

Microinvest’s financial products are small business loans, consumer loans and group loans. Thanks to Microinvest’s financial services, borrowers can create or perpetuate their business and thus improve their living conditions.