FACEM IMPACT
up to MDL 5,000,000
up to 10 years
up to 24 months
MDL
5.5% - value-added activities
6.0% - other activities
0% of the project value
Economic agents and enterprises that have the status of natural persons, classified in accordance with Law No. 179 of July 21, 2016, on small and medium-sized enterprises, except for those provided for in Article 12(3) thereof, which meet the following conditions:
- have submitted annual financial statements to the NBS for at least the last 2 years;
- have no outstanding debts to the national public budget;
- are not included in any sanctionās lists;
- demonstrate to the Bank their financial capacity to implement the investment project.
Financing investment projects of SMEs in various fields, with a special focus on investments in value-added activities in the following areas:
*Agriculture ā greenhouse automation, use of drones, automated irrigation
*Manufacturing industry:
ā procurement of technological equipment, systems, machinery, tools, and advanced technological work instruments;
ā procurement of hardware, IT&C equipment, and related devices, including installation, configuration, and commissioning costs necessary for the implementation of the investment project.
ā procurement and adaptation of software applications/licenses, as well as configuration, migration, and integration of databases and data structures necessary for production activities.
Eligible expenses:
ā Investments in fixed assets
ā Energy efficiency and energy transition
ā Services complementary to the investment project (procurement of raw materials and/or materials necessary for the production/service provision process, max. 10% of the loan amount; logistics, installation, calibration, commissioning, and certification services; etc.)
ā Co-financing of the investment project
ā Tax incentives (VAT exemption)
Minimum amount ā MDL 200,000
Maximum amount ā MDL 5,000,000
Loan disbursement period ā max. 6 months from ODA approval
Granting fee of 0.5% of the loan amount.
Fees for renegotiating and/or extending the loan will be charged in accordance with the Bank’s current fees and commissions.
Beneficiaries of the credit product who create new jobs can benefit from interest rate compensation facilities if the employment performance criteria are met, as follows: