Microinvest - Microcredit Facility in Moldova
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Approval date
31 January 2025
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Borrower
OCN Microinvest SRL
- Country
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Loan size
€ 8 000 000
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Line of action
Supporting Jobs and Economic and Financial Inclusion
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Status
In progress
This Programme loan will partially finance business and agriculture micro-loans focused on low-income clients mainly in rural areas. With an average sub-loan amount of €28 000, the CEB loan is expected to contribute to financing the investment and working capital needs of approximately 570 microenterprises and small farms. The programme also aims to contribute to the creation of 200 additional jobs throughout the country.
Final beneficiaries: Approximately 570 micro-enterprises and small farmers throughout the Republic of Moldova. In particular, low-income clients mainly in rural areas, who have little access to bank credit.