Microinvest – the market leader in microfinance in the Republic of Moldova – has secured the largest loan in its history under an agreement with the U.S. International Development Finance Corporation (DFC).
The financing strengthens Microinvest’s role as a leading microfinance partner for local entrepreneurs, including those in rural areas and in the agricultural sector.
The signing of this first loan agreement with DFC marks an important step for Microinvest. It reflects the confidence of a leading international development finance institution in our business model, our governance standards and the strategic direction we are pursuing. This loan will allow us to further expand access to capital and give entrepreneurs the opportunity to develop new projects, thereby contributing to Moldova’s economic development.
Dmitrii Svinarenco
CEO
Microinvest
Microinvest serves nearly 50,000 clients, has 17 branches in the Republic of Moldova and a team of more than 400 people. The company is part of the Banca Transilvania Group, the largest financial group in South-Eastern Europe, alongside Victoriabank and BT Leasing Moldova.