Microinvest, the leader of the microfinance market in the Republic of Moldova and part of the Banca Transilvania Financial Group, expands its financing capacity by signing two new agreements with European Fund for Southeast Europe (EFSE) and Green for Growth Fund (GGF), in the total amount of 20 million euros.

Agreements, signed within the EU-Moldova Investment Conference, an event organized in Chișinău by the Government of the Republic of Moldova and the European Commission, reaffirm Microinvest's role as a partner of local entrepreneurs and agricultural producers. The new financing lines will contribute to the Republic of Moldova's effort to develop the private sector, to increase economic resilience, and to accelerate sustainable transformation, in line with European standards.

With a strong national presence and extensive experience in financing SMEs and agriculture, Microinvest continues to channel international capital towards sectors with high growth potential. The attracted funds will support investments focused on modernization, productivity growth, digitization, energy efficiency, and sustainable development.

Today's signing marks another important step in strengthening the long-term cooperation between Microinvest and international financial partners dedicated to supporting the economy of the Republic of Moldova. Access to long-term financing remains essential for increasing the resilience and competitiveness of local businesses. At the same time, it is a special honor for us to sign these agreements within the EU-Moldova Investment Conference – an important platform reflecting the growing investment potential of the Republic of Moldova and its European development path. We particularly appreciate the trust and continuous support offered by our European partners and investors, both for Microinvest and for the long-term potential of the Republic of Moldova's economy.

Dmitrii Svinarenco
Executive Director
Microinvest

About EFSE

The European Fund for Southeast Europe (EFSE) is an impact investment fund dedicated to stimulating economic development and prosperity in Southeast Europe and the Caucasus region. Through its two sub-funds – Regional Sub-Fund (RSF) and Ukraine Sub-Fund (USF) – EFSE offers tailored financial solutions to support entrepreneurship, strengthen financial inclusion, and develop local economies. EFSE was established in 2005 by KfW Development Bank, with financial support from the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission. As the first public-private partnership of this kind, EFSE attracts capital from development agencies, international financial institutions, and private institutional investors. EFSE's portfolio management is provided by Finance in Motion GmbH, Germany, and the fund administration is carried out by Hauck & Aufhäuser Fund Services S.A., Luxembourg.

About GGF

The Green for Growth Fund (GGF) promotes the increase of energy efficiency and the use of renewable energy sources in the countries of Southeastern Europe, Caucasus, the Middle East, and North Africa. By offering refinancing to local financial institutions, GGF supports businesses and households to gain access to sustainable energy solutions, contributing to increased energy efficiency and reduction of carbon emissions. GGF was founded within a public-private partnership by the European Investment Bank and the German Development Bank KfW, with financial support from the European Union, BMZ, and other international investors.

About Finance in Motion

Finance in Motion structures, manages and provides consultancy for funds with assets of nearly 4 billion EUR, distributed in 10 investment funds, all classified according to Article 9 of the European Regulation on the Disclosure of Sustainable Finance Information (SFDR). Through these private investment funds, the organization generates positive impact for people and the environment by collaborating with regional financial intermediaries, direct investments, consulting services and institutional capacity development programs. Founded in Germany and benefiting from local expertise in regions spanning from Latin America to Eastern Europe, Finance in Motion has been investing for over 20 years in emerging markets.

About Microinvest

Microinvest is the leader of the non-bank lending market in the Republic of Moldova, with a loan portfolio of over 8 billion Moldovan lei. Approximately 58% of the portfolio is dedicated to business clients. With over 23 years of experience, the company serves over 50,000 active clients – local entrepreneurs and individuals – through a team of over 400 people and a network consisting of 17 offices. Microinvest is the only financial institution in Moldova that holds the international GOLD certificate in the field of client protection. From 2025, Microinvest is part of the Banca Transilvania Financial Group, and the sole shareholder of Microinvest is Victoriabank, one of the top banks in the Republic of Moldova.