EFSE strengthens its partnership with Microinvest through a new €10 million loan to support Moldovan farmers in transitioning to sustainable agriculture

The European Fund for Southeast Europe (EFSE) continues its mission in supporting sustainable economic growth in the Republic of Moldova, through a new financing agreement with Microinvest, the country’s leading non-bank lending organization. This new stage in the collaboration between EFSE and Microinvest aims to support sustainable agriculture and small and medium-sized enterprises.

The new financing will expand access to capital for farmers and local entrepreneurs, especially for those looking to invest in modernizing their operations, adopting sustainable practices and strengthening business resilience in the face of economic and climate-related challenges.

Supporting sustainable transformation of agriculture in Moldova
With a large rural client base and a strong network of branches across the country, Microinvest is a responsible lender for farmers seeking to adopt more modern and environmentally friendly practices. The new financing provided by EFSE will facilitate easier access to financial resources for farmers who want to streamline their activity, digitalize their operations or invest in sustainable solutions. This enables Moldova’s agricultural sector to transform and adapt more effectively to future’s requirements.

Moreover, the solid partnership between EFSE and Microinvest strives to encourage small and medium- sized enterprises (SMEs) across the country, contributing to the development of a resilient entrepreneurial ecosystem. This long-term collaboration is based on trust, real impact and a shared vision to support the local economy through accessible, durable and personalized financing solutions.

Oxana Binzaru, Regional Director, Finance in Motion, Co-Manager of EFSE mentioned: “This new financing reflects our strong commitment to supporting the sustainable growth of agricultural businesses in the Republic of Moldova, contributing to enhanced productivity, competitiveness and resilience. In partnership with Microinvest, we are expanding access to finance for farmers and local entrepreneurs as they transition to sustainable businesses.”

“We are delighted to continue this trusted partnership with EFSE and bring closer to Moldovan entrepreneurs the resources they need to grow. Expanded access to finance is particularly crucial for the agricultural sector, where support is most needed. Together we can contribute to a sustainable and balanced transformation of this sector – a field where Microinvest already has a broad client base and a strong regional presence.” – Dmitrii Svinarenco, CEO Microinvest.
 

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    

 

About Microinvest
Microinvest is the leader of the non-banking financial market in the Republic of Moldova, with a loan portfolio of MDL 7 billion. Approximately 60% of its portfolio is dedicated to business clients, approximately 40% of which are in the agricultural sector. With 22 years of experience, the company serves more than 46 000 active clients – local entrepreneurs and individuals – through a team of 385 professionals, considering the subsidiary, and 17 offices across the country. The company holds the Gold Certification in Client Protection, confirming its commitment to responsible finance and transparency.

At the beginning of October 2025, Microinvest became part of Victoriabank. This strategic integration further strengthens Microinvest’s governance, access to resources, and long-term capacity to support Moldova’s sustainable development.

For more information: www.microinvest.md/en