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Financing for rural Moldova

At the end of 2017 CoopEst extended an additional loan to Smart Credit in Moldova. The purpose of the loan is to support income generating activities of micro-entrepreneurs and small farmers. Smart Credit motto is “For a better life”. With the average disbursed loan size below 900€ equivalent, the MFI meets a range of needs of poor rural households (70% of loans in rural areas), while 54% of loans are made to women. The MFI has also signed up for the European Code of Good Conduct for Microcredit Provision.

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