Rural Finance and Small Enterprise Development Project

IFAD Asset Request Portlet

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Rural Finance and Small Enterprise Development Project

Rural Finance and Small Enterprise Development Project

The first IFAD-funded project in Moldova had the objective of investing in activities that could generate sustainable increases in the incomes of poor farmers. The IFAD loan financed:

  • support for savings and credit associations to enable them to  provide access to lending and savings for people without access to the services of formal financial institutions
  • loans through revolving credit funds for small and medium-sized enterprises to allow them to  expand their businesses and modernize their equipment

The project’s innovative features included:

  • developing a synergy among funding sources
  • supporting a deposit insurance scheme
  • performing a brokerage role at local level
  • contracting for specialized technical services for village-based organizations

Source: IFAD

Status: Closed
Republic of Moldova
Approval Date
09 December 1999
1999 - 2005
Credit and Financial Services
Total Project Cost
US$ 19.51 million
IFAD Financing
US$ 8 million
Co-financiers (International)
United States Agency for International Development US$ 10 million
Financing terms
Highly Concessional
Project ID

Project design reports

Supervision and implementation support documents

Environmental and social impact assessment

Final environmental and social management framework

Interim (mid-term) review report

Resettlement action framework

PCR digest

Special study

Project list

Audit and Financial Statements

Project completion report