BAKU, Azerbaijan, April 7. The Black Sea Trade
and Development Bank (BSTDB) has extended a $3 million credit line
to Moldovan microfinance institution Express Leasing and
Microcredit SRL, aiming to support micro, small, and medium-sized
enterprises (MSMEs), green initiatives, and gender equality in
business, Trend
reports via the Bank.
Reportedly, the financing package, which combines micro and SME
lending with dedicated components for environmental sustainability
and women’s empowerment, will strengthen Moldova’s small business
sector and contribute to the country’s broader climate and social
development goals.
“This facility to Express Leasing comprises three key pillars,
each designed to promote sustainable market development—a central
priority in BSTDB’s operational strategy,” said Serhat Köksal,
President of BSTDB. “By financing green projects and women-led
businesses, we are helping Moldova build a more resilient,
low-carbon, and inclusive economy.”
A portion of the credit line will specifically target women
entrepreneurs, supporting inclusive economic growth and expanding
access to finance for women-led enterprises.
Sergiu Roșca, Executive Director of Express Leasing, welcomed
the partnership: “We are honored to deepen our collaboration with
BSTDB. This credit line will allow us to reach more
entrepreneurs—especially women and those focused on
sustainability—while continuing to strengthen Moldova’s SME sector,
which is the backbone of our economy.”