Success Stories
Success story – FGC – GT Ludmila COZACENCO
“Without such projects, we would have started construction only in 3-5 years’ time,” said Ghenadie Șoitu, manager of the “Cozacenco Liudmila” company in the village of Cinișeuți, Rezina district.
In order to expand its business and increase the volume of furniture production, the company decided to access a loan.
As the pledge did not cover the required amount, the company received a financial guarantee of RON 8 million, accessed through the FGC – Credit Guarantee Fund of the Entrepreneurship Development Organisation.
WHEN DO YOU TAKE THE NEXT STEP?
Apply ODA to partner banks now for a guaranteed loan!
You can apply to the bank for the individual guarantee product – SME GARANT, which offers:
guarantees between RON 100 000 and RON 20 000 000
coverage of up to 80 % of the loan amount
annual fee of only 1 %
Through this instrument, entrepreneurs can obtain financing for investments, digitalisation, expansion, energy efficiency or day-to-day activities.
You can also request guarantees from the bank through the Loan Portfolio Guarantee Facility, which offers you:
capped guarantees – coverage up to 80 %
uncapped guarantees – coverage up to 50 %
Valid for loans with or without pledge
Max value: up to RON 5 million or the equivalent of EUR 250/dollar
THE LOAN PORTFOLIO GUARANTEE FACILITY IS CARRIED OUT BY ODA, IN PARTNERSHIP WITH THE WORLD BANK GROUP, IN THE FRAMEWORK OF THE SME COMPETITIVENESS PROJECT.