| Loan amount |
a) for agricultural sector- USD 30,000 equivalent in MD lei (in some cases up to US dollars 500.000 equivalent in MD lei)
b) for Export- equivalent of US dollars 200.000
|
Loan currency |
Moldavian lei, USD
|
Maturity |
Short term – up to 2 years (for working capital)
Medium term - up to 5 years
Long term – up to 15 years (for perennial plantations) |
Grace period for loan repayment |
Up to 2-5 years (5 years for renewal / plantation of vines and orchards) |
Annual interest rate |
Floatable, changeable semiannually
9.6% - for loans in MD lei
7.9% - for loans in USD
|
Loan purpose |
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;
Maintenance and Repair Centers and other rural facilities;
Products cold storing facilities (refrigerators);
Other types of activity in all administrative territorial regions of the country in all sectors of national economy, including export.
Note: Loans for the supplementation of the investment-related working capital will maximum of 50% of the total investment cost - max. US dollars 50.000
|
| Purpose of loans will not be used to finance |
Debts refinancing;
Tax payment;
Acquisition or rent of land;
Construction pf houses;
Production of pesticides;
Production and / or sale of hard liquor;
Casinos, restaurants, pubs;
Sale, repair, pledge of jewelry;
Transport means and transportation.
|
Collateral |
Movable property or real estates accepted by the Bank
|
| Eligible borrowers |
For sub-component (a):
Enterprises formed under the laws of the Republic of Moldova, registered and operated locally, which:
have no more than 249 employees (annually);
have a maximum annual turnover and a balance sheet total of 50 million MD lei
own contribution - minimum 10% of project cost;
100% private owner capital.
For sub-component (b)
enterprises-exporters of products made in the Republic of Moldova, which activate not less than 1 year and have registered from exports not less than 30% from total revenue;
products made in the Republic of Moldova and from local components not less than 60%.
|
