FACEM Impact—Investments for the Development of SMEs in the Republic of Moldova

Victoriabank supports small and medium-sized enterprises (SMEs) in the Republic of Moldova by providing access to favorable financing solutions dedicated to investments in innovation, modern technologies, efficiency, and the energy transition, as part of the FACEM IMPACT program.

The program is managed by KfW Development Bank and implemented by Organization for the Development of Entrepreneurship (ODA).

Funding Conditions:

• Loan currency: MDL

• Loan amount: between 200,000 MDL and 5,000,000 MDL

• Fixed interest rate:

  • 5.5% for value-added activities

  • 6.0% for other eligible activities

• Loan term: up to 10 years

Bonus:

ODA reimburses interest if you create jobs:

• 0.75% per job

• 1.50% for 2 or more jobs

Eligible Investment Destinations

Value-added activities:

Investments that increase the value of products and services through innovation, technology, and advanced processing.

In agriculture:

• Greenhouse automation (IoT, smart weather stations, mobile apps, AI).

• The use of drones for:

  • Crop monitoring (multispectral imagery).

  • Mapping and field analysis.

  • Spraying with plant protection products/fertilization.

  • Seeding (seed-dropping).

  • Real-time monitoring (theft prevention).

• Automated irrigation systems.

In the manufacturing industry:

• Purchase of advanced technological equipment for automation and digitization.

• Hardware, IT&C technologies, devices, and equipment required for the project's implementation.

• Software, licenses, databases, data migration, and data integration for production.

Funding is also available for expenses related to the installation of equipment and the renovation of buildings used in production, including for energy efficiency and the green transition.

Other eligible investments:

• Purchase of fixed assets, equipment, machinery, and computers

• Construction/repair of utility networks to ensure the proper operation of equipment

• Purchase/construction/repair of buildings and spaces for project implementation

• Digital Technologies, ICT Licenses, and Software

• Renovation of Buildings for Modernization

Energy Efficiency and the Green Transition:

• Heat pumps, efficient condensing boilers

• Efficient Technological Equipment

• Cogeneration/trigeneration units

• Solar/photovoltaic panels, inverters, metal structures

• Energy Storage Systems (for self-consumption)

• Geothermal technologies, solar collectors

• Energy Consumption Control Systems

• Modernization of Ventilation and Air Conditioning

• Other equipment for reducing electricity consumption

• Consulting services, staff training, monitoring

Additional services:

• Equipment installation, calibration, commissioning, and certification

• Consulting and Engineering for Planning and Implementation

• Equipment Performance Monitoring

Apply now and turn your ideas into reality!