1. Project „Purchase of Equipment and Machinery”

• Current Interest Rate (floating):

-          RISP I – refinancing 6.56% annual (valid till 30.03.2010)

-          FIDA I – refinancing 8.54% annual (valid till 14.05.2010)

• Maximum amount of the loan (the lowest value of the main parameters):

1. 70% of the cost of the equipment/machinery;
2. 300.000 MDL for each debtor.

• Grant component – up to 40% of the credit amount.
• Period of the grant:

1. Minimum - 24 months (exclusive the grace period for the reimbursement of the principal amount),
2. Maximum - 60 months.

• Financing terms: 30% - debtor's own means, 70% - the credit granted by the Bank.
• Grace period for the reimbursement of the principal amount: up to 6 months.

• contribute to export increase and/or to import substitution;
• develop the production activity in the rural sector.

•  trade development projects;
• construction development projects;
• projects meant for repair works performance;
• projects for purchase/payment of services and for the increase of the floating capital;
• projects that require financing of expenses for the growth and sale of tobacco, production and utilization of pesticides, purchase of lands, immovables, movables and refinancing of debts;
• projects whose implementation shall cause damages to the environment.

The loan is granted to persons that meet the following conditions:

1. are citizens of the Republic of Moldova;
2. are aged between 18-30 years at the time of credit application submission (associates and administrators);

• must have an opened current account in the Bank;
• is not in the state of insolvency; does not undergo bankruptcy, reorganization or any other legal procedures;
• must possess officially registered financial reports;
• must not have any overdue payments for the financial and banking and/or non-banking establishments, or debts for the national public budget, but if these debts are present – they shall be paid voluntarily within 30 days, from the moment of credit application submission;
• must not have any credits at other banks and/or credit establishments (this is determined on the basis of the debtor's statement and of the data held in the Bank database);
• must not have any overdue commitments (this is determined on the basis of the debtor's statement and of the data held in the Bank database);
• must have a positive result for the last closed accounting year and for the last accounting period (this is determined on the basis of the ratio of the financial results for the last closed accounting year and for the last accounting period);
• must have a net profit for the last closed accounting year and for the last accounting period with the profitability of minimum 5% (it is calculated as the ratio of the net profit amount and of the net sales amount from the ratio of the financial results for the last closed accounting year and for the last accounting period).
• must have an own positive capital of at least 30% of the total balance currency (it is calculated as the ratio of the own capital amount and of the total balance currency from the accounting balance for the last accounting period).

1. the prognosis of the accounting balance for the crediting period.
2. the prognosis of the profit and losses ratio for the crediting period.
3. the prognosis of the cash flow for the crediting period.

NOTE: During the analysis of the primary source of payment, the capacity of the potential debtor to reimburse and serve the entire amount of the credit shall be analyzed, inclusive the grant component, considering the risk that the grant amount may become a credit and shall be reimbursed and served by the potential debtor in case if he/she: breaches the provisions of the credit contract or uses the financial means incorrectly or does not pay the installments in due terms, specified in the credit contract, and admits a delay of 5 or more days or reimburses the credit before the due date, stipulated in the credit reimbursement schedule.

General requirements for the secondary payment source:

•  the following actions must be performed:

1. pledge of the immovables (according to prices accepted by the Bank, with the submission of the independent evaluation report);
2. pledge of the equipment/machinery purchased by means of the credit (according to prices accepted by the Bank);
3. pledge of the right to dispose of the cash resources on the debtor's account;