{"id":236203,"date":"2005-09-15T11:20:00","date_gmt":"2005-09-15T11:20:00","guid":{"rendered":"http:\/\/new.moldova.org\/2005\/09\/15\/garantinvest-issues-first-guarantee-4561-eng\/"},"modified":"2005-09-15T11:20:00","modified_gmt":"2005-09-15T11:20:00","slug":"garantinvest-issues-first-guarantee-4561-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/garantinvest-issues-first-guarantee-4561-eng\/","title":{"rendered":"GarantInvest issues first guarantee"},"content":{"rendered":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

The inter-bank guarantee company "GarantInvest” has issued the first financial guarantee to the value of 100,000 lei. It was released to a rural entrepreneur who is developing a business in Leova district.<\/p>\n

Company’s chairman Victor Chiriac told the press on Wednesday that the guarantee was granted by the Rural Financing Corporation. It will serve to purchase construction materials and necessary equipment, to build a depot.<\/p>\n

Mr. Chiriac said that in the first year “GarantInvest” intends to guarantee loans that do not exceed 10,000 dollars. It will guarantee up to 50 percent of the sum of the released loans, portfolio investments and it will offer portable guarantees of attracting financial resources.<\/p>\n

The inter-bank guarantee company “GarantInvest” was created as part of the program “Creation of Credit Guaranteeing Fund” that is financed by the UK Department for International Development (DFID) and implemented by AO “ProRuralInvest”.<\/p>\n

“This program set as objective to uphold the sustainable economic growth by facilitating the access to credits of the entrepreneurs, especially of the rural entrepreneurs that want to start or develop a private business,” Viorel Gherciu, coordinator of AO “ProRuralInvest”, said.<\/p>\n

“Moldova Agroindbank”, “Banca de Economii”, “Victoriabank”, “Eximbank”, “Mobiasbanca”, “Energbank”, “Banca Sociala”, “Rural Financing Corporation” SA and AO “ProRuralInvest” are founding members and partners of “GuarantInvest”. \/\/ Reporter.MD<\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>The inter-bank guarantee company “GarantInvest\u201d has issued the first financial guarantee to the value of 100,000 lei. It was released to a rural entrepreneur who is developing a business in Leova<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-236203","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

The inter-bank guarantee company "GarantInvest” has issued the first financial guarantee to the value of 100,000 lei. It was released to a rural entrepreneur who is developing a business in Leova district.<\/p>\n

Company’s chairman Victor Chiriac told the press on Wednesday that the guarantee was granted by the Rural Financing Corporation. It will serve to purchase construction materials and necessary equipment, to build a depot.<\/p>\n

Mr. Chiriac said that in the first year “GarantInvest” intends to guarantee loans that do not exceed 10,000 dollars. It will guarantee up to 50 percent of the sum of the released loans, portfolio investments and it will offer portable guarantees of attracting financial resources.<\/p>\n

The inter-bank guarantee company “GarantInvest” was created as part of the program “Creation of Credit Guaranteeing Fund” that is financed by the UK Department for International Development (DFID) and implemented by AO “ProRuralInvest”.<\/p>\n

“This program set as objective to uphold the sustainable economic growth by facilitating the access to credits of the entrepreneurs, especially of the rural entrepreneurs that want to start or develop a private business,” Viorel Gherciu, coordinator of AO “ProRuralInvest”, said.<\/p>\n

“Moldova Agroindbank”, “Banca de Economii”, “Victoriabank”, “Eximbank”, “Mobiasbanca”, “Energbank”, “Banca Sociala”, “Rural Financing Corporation” SA and AO “ProRuralInvest” are founding members and partners of “GuarantInvest”. \/\/ Reporter.MD<\/p>\n

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