Financing for the current needs of agricultural businesses

The Capital Circulant Agricol loan is designed for micro and small enterprises in the agricultural sector that require financing to support their day-to-day operations.

Who it is for

Applications are open to micro and small enterprises that:

• are residents of the Republic of Moldova;
• operate in agriculture, forestry, or fishing (Section A, according to the CAEM classification);
• have at least 12 months of experience in the agricultural sector.

Purpose of financing

The loan may be used for:

• financing working capital required for current agricultural activities;
• refinancing existing loans granted for working capital purposes.

Main conditions

• Loan amount: from 5,000 MDL;
• Currency: MDL, USD, EUR (linked to USD or EUR);
• Loan term: up to 36 months;
• Loan disbursement: in full or in tranches.

Collateral and loan security

The Capital Circulant Agricol loan is granted with one or more forms of security:

• ODA guarantee of up to 80% of the loan amount, but not exceeding 1,600,000 MDL;
• collateral (real estate, fixed assets, or current assets, excluding receivables), ensuring that the total level of security, including the ODA guarantee, covers at least 100% of the loan amount;
• surety provided by the company’s associates/shareholders (participation share ≥ 20%).

Repayment and payment terms

• repayment may be made monthly or seasonally;
• installments may be equal or differentiated;
• interest is payable monthly or seasonally;
• a repayment schedule is established individually, taking into account the seasonality of activities and the business cash flow.