Investment funds in local SMEs - Proposed transaction - Microinvest

Founded in 2003, Microinvest has become the leading player in Moldova's non-banking financial sector. With around 31% of its GLP dedicated to agriculture, Microinvest is the second largest lender to the sector. The facility will be 100% earmarked to agricultural SME borrowers in Moldova. The agricultural sector in Moldova has faced headwinds in recent years: more frequent droughts affected grain harvests, and cheaper grain produce from Ukraine due to affected storage facilities and disrupted supply chains led to pricing pressures. -These combined headwinds have put agri-borrowers under stress.