Project Name：EBRD Financial Intermediary Investment Special Fund—Small Business Account—Phase III— Subproject 8: Moldova Express Leasing Microcredit

Project status：Completed projects

Cooperating Country：Eastern Europe, Moldova

Project Description：

To provide a loan to Express Leasing, a microfinance and leasing firm focused on lending to small business in Moldova. The loan is co-financed by EBRD and TaiwanICDF's FIPEISF-SBAIII.

Project Objectives：To support the growth and development of local businesses, particularly the MSMEs.

Executing Agency：

Express Leasing Moldova / EBRD

Implementation Arrangement：The loan is administrated by EBRD and executed by Express Leasing for the intended purpose.

Projected Benefits：

The Project expects to bring transition impact from: 
1. Market expansion: the project will support financing to MSMEs; 
2. Setting standards of business conduct.