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Today: 08.02.2012
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Authorization
IFAD Credit Lines

1.Rural Finance and Small Enterprise Development Project  - FIDA I (re-financing) (excepting town of Balti and Chisinau):

  • The maximum amount of loans – the equivalent in MDL of 500,000.00 thousands USA Dollars;
  • The loan terms: from 1 to 15 years.
Loans are offered for:
  • Renewal/planting of vines and orchards;
  • Rural enterprises for processing of agricultural raw materials;
  • Farms specialized in diary production and other agricultural products;
  • Enterprises providing mechanized agri-services (plowing, seeding, etc.);
  • Production of seeds and seedlings, growing of vegetables in greenhouses;
  • Agricultural products collecting centers;
  • Storing and storekeeping of harvest;
  • Agri-machinery Maintenance and Repair Centers and other rural facilities;
  • Products cold storing facilities (refrigerators);
  • Other types of activities.

The Interest rate (semiannually established)  12.2% per annum.


2. Agricultural Revitalization Project (ARP) - FIDA II:

 

  • The maximum amount of loans – up to 100 thousands USA Dollars or its equivalent in the national currency;
  • The loan term:
  1. mediumterm – up to 7 years
  2. long term – up to 15 years (for multi-annual plantations), with a grace period of up to 3 years;

 

Beneficiaries of this loan are economic entities included into the Development Plan of the rural locality where the respective economic entity runs its activity.

The grant Element:
  • 20 % - of the initial amount of the loan for medium term loans;
  • 30% - for long term loans;
Loans are offered for:
  • Renewal/planting of vines and orchards;
  • Processing and packaging of agricultural production;
  • Production of livestock;
  • Production of seeds and seedling, growing of vegetables in greenhouses;
  • Cold storing and storekeeping of agricultural products;
  • Collecting and trading of perishable agricultural products;
  • Providing of mechanical services in agriculture;
  • Other agriculture related activities.
The Interest rate (semiannually established)  Is established individually depending on the project, financial situation and credit history of a client
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