FACEM Impact

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Impact loan
for your business

ODA supports Moldovan SMEs through FACEM Impact – affordable financing for your business development, with fixed interest rates and favorable terms that help you invest sustainably in the long term and create jobs.

Partners:

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FACEM Impact is the result of a strategic collaboration between the Federal Republic of Germany and the Republic of Moldova, aimed at directly supporting local entrepreneurs.

Financing conditions

Clear and advantageous conditions for your business development

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Funding amount and term

Minimum amount

200.000 MDL

Maximum amount

5.000.000 MDL

Term

Up to 10 years

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Fixed interest rate

Value-added activities

5.5% / year

Other activities

6.0% / year

New employees can reduce your interest rate

See exactly how the interest rate reduction applies.

5,5%
Initial rate
-
1,5%
MAX
for 2 or more created jobs
=
4%
Annual interest rate
The rate can be reduced by 0,75% for each job created.
6,0% → 5,25%
or
5,5% → 4,75%
You can reduce the interest rate by 1,50%, if you create 2 or more jobs
6,0% → 4,50%
or
5,5% → 4,00%
5,5%
Initial rate
-
1,5%
MAX
for 2 or more created jobs
=
4%
Annual interest rate
The rate can be reduced by 0,75% for each created job.
6,0% → 5,25%
or
5,5% → 4,75%
You can reduce the interest rate by 1,50%, if you create 2 or more jobs
6,0% → 4,50%
or
5,5% → 4,00%
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VAT Exemption

You can benefit from VAT exemption for goods and services paid for through FACEM Impact.

The application of VAT exemption is carried out in accordance with Government Decision no. 246/2010.

Check eligibility

The 4 Pillars of FACEM Impact

FACEM Impact is based on four strategic directions, created to support the sustainable development of your business and Moldova's economy.

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Facilitating access
to finance

We offer advantageous conditions for SMEs, ensuring long-term financing with transparent costs, for strategic investments and growth.

5 million MDL

maximum

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Creating
jobs

We support businesses that generate new employment opportunities, contributing to the economic and social stability of local communities.

200+

jobs

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Supporting women entrepreneurs

We are committed to allocating
funding to businesses owned or
led by women, promoting
equal opportunities.

20%+

businesses managed by women

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Boosting green investments

We encourage projects focused on
energy efficiency and ecological technologies, for a sustainable and responsible business model.

100 projects

meet ESG criteria

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Facilitating access to finance

5 million MDL

maximum

We offer advantageous conditions for SMEs, ensuring long-term financing with transparent costs.

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Creating jobs

200+

jobs

We support businesses that generate new employment opportunities, contributing to the economic and social stability of local communities.

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Supporting women entrepreneurs

20%+

businesses managed by women

We are committed to allocating funding to businesses owned or led by women.

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Boosting green investments

100 projects

meet ESG criteria

We encourage projects focused on energy efficiency and ecological technologies.

The four pillars represent FACEM Impact's strategic directions and do not constitute eligibility criteria.

Eligibility criteria

Check below and find out if your business is eligible for FACEM Impact funding. Eligibility is evaluated according to the FACEM Impact Financing Product and includes general criteria, as well as specific criteria for the applicant and the investment project.

You are an SME, registered in the Republic of Moldova.
You want to develop an investment project and have a business plan and/or financial projections confirming the feasibility and impact of the investment (including jobs, energy indicators, as applicable).
You demonstrate the financial capacity to implement the project and the sustainability of the investment.
You have submitted financial statements to the NBS for at least the last 2 consecutive years of activity.
Note: The final lending decision belongs exclusively to the partner bank, based on the file analysis and internal policies.
The funded activity may be different from the company's main field of activity, provided the investment project meets the eligibility criteria.
Eligibility criteria
Check below and find out if your business is eligible for FACEM Impact funding. Eligibility is evaluated according to the FACEM Impact Financing Product and includes general criteria, as well as specific criteria for the applicant and the investment project.
You are an SME, registered in the Republic of Moldova.
You want to develop an investment project and have a business plan and/or financial projections confirming the feasibility and impact of the investment (including jobs, energy indicators, as applicable).
You demonstrate the financial capacity to implement the project and the sustainability of the investment.
You have submitted financial statements to the NBS for at least the last 2 consecutive years of activity.

Note: The final lending decision belongs exclusively to the partner bank, based on the file analysis and internal policies.
AThe funded activity may be different from the company's main field of activity, provided the investment project meets the eligibility criteria.

Ineligible expenses

Payment for goods or services already financed through other assistance programs, state subsidies, or grants (except for co-financing permitted by the product).
Payment of taxes and duties not included in the value of tangible and/or intangible assets, as well as contributions, fines, penalties, and other mandatory payments to the national public budget.
Refinancing of loans, leasing, interest, or fees related to existing financing.
Acquisition of land - the value of which exceeds 50% of the investment loan value.
Rental or lease costs for spaces, offices, or land.
Administrative expenses that are not included in the category of eligible expenses.
Procurement of means of transport.
Investments in renewable energy intended for the sale of energy to the grid or to third parties.
The complete list of ineligible expenses is provided in the FACEM Impact Financing Product.
Payment for goods or services already financed through other assistance programs, state subsidies, or grants (except for co-financing permitted by the product).
Payment of taxes and duties not included in the value of tangible and/or intangible assets, as well as contributions, fines, penalties, and other mandatory payments to the national public budget.
Refinancing of loans, leasing, interest, or fees related to existing financing.
Acquisition of land - the value of which exceeds 50% of the investment loan value.
Rental or lease costs for spaces, offices, or land.
Administrative expenses that are not included in the category of eligible expenses.
Procurement of means of transport.
Investments in renewable energy intended for the sale of energy to the grid or to third parties.
The complete list of ineligible expenses is provided in the FACEM Impact Financing Product.
View full product

How does the program work?

1
Preliminary evaluation
Analyze the program criteria and prepare the necessary documentation. You can request a free consultation at ODA to evaluate your chances of success.
What do I prepare? The business idea and a list of questions.
3
Evaluation and approval
The bank evaluates your project within 2-4 weeks. Business viability, repayment capacity, and socio-economic impact are analyzed.
What do I prepare? Answers to potential questions from the bank.
2
Submitting the application to the bank
Choose one of the FACEM Impact partner banks and submit the loan application, attaching the documents requested by the bank.
What do I prepare? The complete file with all documents requested by the bank.
4
Granting the financing
After approval, you sign the loan agreement with the bank. Funds are transferred based on the signed agreement to finance the investment project.
What do I prepare? Contracts with suppliers/terms and conditions.
1
Preliminary evaluation
Analyze the program criteria and prepare the necessary documentation. You can request a free consultation at ODA to evaluate your chances of success.
What do I prepare? The business idea and a list of questions.
2
Submitting the application to the bank
Choose one of the FACEM Impact partner banks and submit the loan application, attaching the documents requested by the bank.
What do I prepare? The complete file with all documents requested by the bank.
3
Evaluation and approval
The bank evaluates your project within 2-4 weeks. Business viability, repayment capacity, and socio-economic impact are analyzed.
What do I prepare? Answers to potential questions from the bank.
4
Granting the financing
After approval, you sign the loan agreement with the bank. Funds are transferred based on the signed agreement to finance the investment project.
What do I prepare? Contracts with suppliers/terms and conditions.

The final decision regarding project eligibility and the granting of financing belongs exclusively to the partner bank, in accordance with the FACEM Impact Regulation and internal lending policies.

You can apply directly to one of the partner banks

Check eligibility
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BC „MAIB” SA

info@maib.md

022 02 52 70

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BC „MOLDINDCONBANK” SA

info@moldindconbank.com

022 57 67 82

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BC „VICTORIABANK” SA

office@victoriabank.md

022 57 61 00

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OTP Bank SA

info@otpbank.md

022 25 64 56

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BC „ENERGBANK” SA

office@energbank.com

022 85 80 99

Contact the ODA Consultation Center:

022 22 57 99

info@oda.md

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Consultation hours: 8:00 - 17:00

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Total Budget

10 million EUR

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Disbursement Period

Until 31.03.2027

About FACEM Impact
The project is funded by the Federal German Ministry for Economic Cooperation and Development (BMZ), managed by KfW Development Bank and implemented by the Organization for Entrepreneurship Development (ODA). This collaboration ensures a stable framework and competitive resources for financing SMEs in Moldova.
Access to European capital
Benefit from long-term financing under advantageous conditions.
Expertise and support
Receive technical assistance to grow your business sustainably.
Trust and transparency
Join a program supported by internationally renowned partners.
About FACEM Impact
The project is financed by the German Federal Ministry for Economic Cooperation and Development (BMZ), managed by the German Development Bank (KfW), and implemented by the Organization for Entrepreneurship Development (ODA). This collaboration ensures a stable framework and competitive resources for financing SMEs in Moldova.
Access to European capital
Benefit from long-term financing under advantageous conditions.
Expertise and support
Receive technical assistance to grow your business sustainably.
Trust and transparency
Join a program supported by internationally renowned partners.

Expected results

We set concrete objectives to contribute to the economic development of the Republic of Moldova by supporting entrepreneurs.

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100+

Investment loans granted

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200+

New jobs
created

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220M

MDL in investments realized by SMEs

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20%

Of loans for SMEs managed by women

Every loan granted represents a step forward for an entrepreneur and a direct contribution to a stronger and more inclusive local economy.