EFSE signs EUR 15 million financing agreement with maib to power entrepreneurship and sustainable agriculture in Moldova

The European Fund for Southeast Europe (EFSE) has signed a EUR 15 million financing agreement with maib to expand access to financing for small and medium-sized enterprises and support the development of a more sustainable and resilient agricultural sector in Moldova.  

The financing, provided in Moldovan lei equivalent, will enable investments by farmers and entrepreneurs across the country, including in digital agriculture, irrigation, renewable energy, and production upgrades. These investments will strengthen productivity, reduce environmental impact, and reinforce long-term resilience.  

“Tomorrow’s agriculture will be defined by the ability to produce more with fewer resources, leverage technology intelligently, and build resilient businesses capable of thriving in an increasingly unpredictable environment. Our role is to provide access to the capital needed to enable this transformation. Through our partnership with EFSE, we are contributing to the development of a more competitive, sustainable, and future-ready agricultural sector while also expanding support for small and medium-sized enterprises, which remain a key driver of Moldova’s economic growth” - Macar Stoianov, Deputy Chairman of maib

“Through this EUR 15 million MDL-denominated financing, EFSE is reinforcing its long-standing partnership with maib, Moldova’s leading bank and a cornerstone of the local economy, to expand access to sustainable financing for MSMEs, particularly agricultural producers. By providing funding in MDL, enabled through the strong support of the European Union, we are giving local entrepreneurs the confidence to invest, grow, and lead the transition towards a more sustainable agriculture, without carrying FX risk. It reflects our joint commitment to turning capital into long-term economic resilience and real, lasting impact on the ground.” – Oxana Bînzaru, Regional Director at Finance in Motion, co-manager of EFSE.

“The European Union is working together with financial partners to expand access to finance for Moldovan businesses and strengthen the country’s economic resilience. This new agreement between EFSE and maib, supported by the European Union, delivers financing in local currency, empowering entrepreneurs, farmers and agri-food businesses to invest and grow without foreign exchange risk, while advancing Moldova’s economic transformation in line with EU standards and accession criteria” – Iwona Piórko, the Ambassador of the European Union to the Republic of Moldova. 
 

About EFSE
The European Fund for Southeast Europe (EFSE) is an impact investment fund to drive economic development and prosperity in Southeast Europe and the Caucasus. Through its two sub-funds—the Regional Sub-Fund (RSF) and the Ukraine Sub-Fund (USF)—EFSE provides tailored financial solutions to foster entrepreneurship, strengthen financial inclusion, and support local economies. EFSE was initiated in 2005 by KfW Development Bank with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission. As the first public-private partnership of its kind, EFSE draws its capital from donor agencies, international financial institutions, and private institutional investors. Finance in Motion GmbH, Germany, serves as EFSE’s Portfolio Manager and Hauck & Aufhäuser Fund Services S.A., Luxembourg, acts as manager.  

For more information on the European Fund for Southeast Europe, please visit: www.efse.lu  

 

About Finance in Motion
Finance in Motion structures, manages, and advises almost €4 billion across 10 funds, all classified as SFDR Article 9. These private market funds drive impact for people and planet through regional financial intermediaries, direct investments, advisory and capacity building. Founded in Germany, with local expertise from Latin America to Eastern Europe, it has been investing in emerging markets for over 20 years.  
For more information, please visit: www.finance-in-motion-com