Partners: The FACEM Impact programme is the result of a strategic partnership between the Federal Republic of Germany and the Republic of Moldova, created to provide direct support to local entrepreneurs.
Financing Conditions
Transparent and advantageous conditions for growing your business
Financing Amount and Term
| Parameter |
Value |
| Minimum amount |
200,000 MDL |
| Maximum amount |
5,000,000 MDL |
| Term |
up to 10 years |
Fixed Interest Rate
| Type of Activity |
Annual Interest Rate |
| Value-added activities |
5.5% |
| Other activities |
6.0% |
New employees can help you benefit from a lower interest rate
How the interest rate reduction is applied:
The interest rate can be reduced by 0.75% for each new job created:
6.0% → 5.25% or 5.5% → 4.75% (1 job created)
The interest rate can be reduced by 1.50% if you create 2 or more jobs:
6.0% → 4.50% or 5.5% → 4.00%
VAT Exemption
You may benefit from a VAT exemption for goods and services paid for through FACEM Impact.
The VAT exemption is applied in accordance with the provisions of Government Decision no. 246/2010.
FACEM Impact Pillars
FACEM Impact focuses on four strategic directions, designed to support the sustainable development of your business and the economy of the Republic of Moldova.
5 million MDL maximum Facilitating Access to Financing
Attractive conditions for SMEs, with long-term financing and transparent costs, to support strategic investments and business growth.
200+ jobs Job Creation
Supporting businesses that create new jobs, contributing to the strengthening of economic and social stability in local communities.
20%+ women-led businesses Support for Women Entrepreneurs
Directing financing towards businesses owned or managed by women and contributing to the promotion of equal opportunities.
100 projects meet ESG criteria Incentive for Green Investments
Encouraging projects oriented towards energy efficiency and green technologies and supporting a sustainable and responsible business model.
The four pillars define the strategic directions of FACEM Impact and do not represent eligibility criteria.
Eligibility Criteria
Check below whether your business is eligible for financing through FACEM Impact, offered by ProCredit Bank. Eligibility is assessed in accordance with the FACEM Impact financing product and includes general criteria as well as specific criteria for the applicant and the investment project.
- You are an SME registered in the Republic of Moldova.
- You intend to develop an investment project and have a business plan and/or financial projections demonstrating the feasibility and impact of the investment (including job creation, energy indicators, where applicable).
- You demonstrate that you have the financial capacity required to implement the project, including your own contribution and the sustainability of the investment.
- You have submitted financial statements to the NBS for at least two consecutive years of activity.
Note: The final decision on granting financing rests exclusively with ProCredit Bank, following the analysis of the application file and in accordance with internal policies. The financed activity may differ from the company's main line of business, provided that the investment project meets the eligibility criteria.
Expenses Ineligible for Financing
- Payment for goods or services already financed through other assistance programmes, state subsidies or grants is ineligible, except in cases of co-financing permitted by the product.
- Payment of taxes and duties that do not form part of the value of tangible and/or intangible assets, as well as contributions, fines, penalties or other obligations towards the national public budget.
- Refinancing of loans, leasing contracts, as well as payment of interest or commissions related to existing financing arrangements.
- Acquisition of land — the value of which exceeds 50% of the investment loan amount.
- Rental or lease costs for premises, offices or land.
- Administrative expenses that do not fall within the category of eligible expenses.
- Purchase of motor vehicles.
- Investments in renewable energy intended for the sale of energy to the grid or to third parties.
The complete list of ineligible expenses is set out in the FACEM Impact Financing Product.
How does the programme work?
1
Preliminary Assessment
Review the programme criteria and prepare the required documentation. You can request a free consultation from ODA to assess your chances of success.
What do I prepare? Your business idea and a list of questions.
2
Submitting the Application to the Bank
Choose one of the FACEM Impact partner banks and submit your credit application, attaching the documents requested by the bank.
What do I prepare? The complete file with all documents requested by the bank.
3
Assessment and Approval
The bank evaluates your project within 2–4 weeks. The viability of the business, repayment capacity and socio-economic impact are all analysed.
What do I prepare? Answers to possible questions from the bank.
4
Disbursement of Financing
Once the financing is approved, you sign the credit agreement with the bank. Funds are transferred based on the signed credit agreement for financing the investment project.
What do I prepare? Contracts with goods/conditions suppliers.
The final decision on project eligibility and the granting of financing rests exclusively with ProCredit Bank, in accordance with the FACEM Impact Regulations and internal lending policies.
10 million EUR Total Budget
until 31.03.2027 Financing Disbursement Period
About FACEM Impact
The project is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ), managed by the German Development Bank (KfW) and implemented by the Organisation for the Development of Entrepreneurship (ODA). This collaboration ensures a stable framework and competitive resources for financing SMEs in Moldova.
Access to European Capital
Benefit from long-term financing on advantageous terms.
Expertise and Support
Receive technical assistance to grow your business sustainably.
Trust and Transparency
Join a programme backed by renowned international partners.
