OREANDA-NEWS. October 01, 2010. When small businesses need monetary fund’s to replenish working capital and to ensure their constant growth and development, ProCredit Bank launches a new product, designed for small enterprises engaged in trade and agriculture. Comparising with other banking products and services, this loan enables small businesses to reimburse interest rate and principle amount at the end of credit period, not monthly. At the same time the new loan has an attractive and advantageous interest rate.

The loan is extended for a period up to 2 months, in the amount from 50000 to 100000 MDL /5 000 – 10000 USD.

Reimbursement method is established according to the following criteria:

In case of enterprises engaged in trade

Reimbursement of the loan takes place at the end of the period, by means of complete repayment of the interest rate and principle amounts.

Period to maturity: 6 months

In case of enterprises engaged in agriculture:
Reimbursement of the loan takes place in the following way: interest rate is repaid once in 6 months, while principle amount is paid off at the end of the period.

Period to maturity: 12 months

ProCredit Bank is a bank for your business, which pays a special attention to lending to very small, small and medium-sized enterprises, as we are convinced that these businesses create the largest number of jobs and make a vital contribution to the economies in which they operate. Thus the new product shall diversify development needs of small enterprises and offer them possibility to grow and develop constantly.