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FMO and MICROINVEST strengthen partnership with EUR 15 million loan, fueling economic growth in Moldova

Microinvest, leading microfinance organization in Moldova, and FMO, Dutch Entrepreneurial Development Bank are happy to announce the successful conclusion of a loan transaction that will extend access to financing for local entrepreneurs, worth EUR 15 million. The term facility agreement serves as a testament to FMO’s commitment to fostering economic development in emerging markets.

The partnership between Microinvest and FMO commenced in April 2008, at a time when Microinvest was a nascent MFI. Despite its modest size, FMO demonstrated a profound conviction in Microinvest ethos and its ability to generate a positive impact on micro and small businesses in Moldova by offering access to responsible loans. With the new facility, Microinvest can expand its operations and further support the growth of the local economy.

FMO is committed to supporting private sector growth by investing in ambitious projects and entrepreneurs. A key part of doing this is reducing inequalities in places where we are needed most, ensuring the foundations of a sound economic growth that is sustainable and inclusive. This is why we are happy to continue our work with Microinvest as it expands its operations in the region, and look forward to the opportunities this will bring local populations”, Marnix Monsfort, Director Financial Institutions at FMO.

We express our utmost gratitude to FMO for fortifying the partnership with Microinvest and financing the Moldovan private sector in these times of high uncertainty. We firmly believe that FMO’s support for our non-bank business model will enable entrepreneurs and SMEs – with a focus on agriculture, rural, women or youth sub-borrowers – to gain easy access to responsible and customized lending solutions. This will significantly contribute towards the economic and social development of our nation, while simultaneously enhancing foreign investors’ confidence in Moldova”, Dumitru Svinarenco, CEO Microinvest

Overall, the loan transaction between FMO and Microinvest is a positive development that will benefit the local economy in Moldova and support FMO’s mission of promoting sustainable economic development in emerging markets. This transaction also supports Microinvest at a time when it’s needed the most given the regional geopolitical and economic uncertainties triggered by the war in Ukraine.

FMO is the Dutch entrepreneurial development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a 50+ year proven track-record in empowering entrepreneurs to make local economies more inclusive, productive, resilient and sustainable. FMO focuses on three sectors that have high development impact: Agribusiness, Food & Water, Energy, and Financial Institutions. With a total committed portfolio of EUR ~12 billion spanning over 85 countries, FMO is one of the larger bilateral private sector development banks globally. For more information: please visit

OCN Microinvest SRL is a non-banking lending organization that operates within the Republic of Moldova. Over the course of two decades, the company has effectively demonstrated its pivotal role in the Moldovan financial market by providing financial support to local businesses, agriculture, and individuals, thereby directly contributing towards the growth and development of the country’s economy. Microinvest main values are: responsibility, transparency, quality, resilience, and people.

According to the National Commission for Financial Markets, Microinvest has the largest loan portfolio among non-banking lending institutions in the country and its market share is 30%, as of the end of 2022. About 70% of its portfolio is allocated to business clients, of which, over 30% to Agri sector. For more information: please visit


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