Priminvestnord

Priminvestnord

Lending Partner since 2014 • Moldova
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Fundraising Status:active
Risk Rating:

What to know about this Lending Partner

Impact Category:
General Financial Inclusion
Default Rate:
0.44%
Currency Exchange Loss Rate:
0%
Total Loans Raised:
$3,096,700
Loans at Risk Rate:
18.46%
Kiva Borrowers:
1,023
Delinquency Rate:
2.28%
Interests and Fees:
18% APR

Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.


Partner Description

Priminvestnord is a non-bank financial institution based in Soroca, Moldova, focused on reducing poverty through loans for agricultural and rural business development. It serves individuals in rural areas who face low wages, limited job opportunities, and are unable to access financing through commercial banks. Priminvestnord fills a critical gap in Moldova's financial landscape, as its clients are not served by any other institution in the country.


A unique lending approach

Kiva funding allows Priminvestnord to increase the variety and supply of its loans while offering lower interest rates to borrowers in rural Moldova. Loans are directed at entrepreneurs looking to start or grow a business, with applicants required to demonstrate not only their business plan but also a clear repayment strategy. Borrowers use these funds for capacity-building, construction, materials, and inventory — helping them launch sustainable businesses in underserved communities.