At the end of 2017 CoopEst extended an additional loan to Smart Credit in Moldova. The purpose of the loan is to support income generating activities of micro-entrepreneurs and small farmers. Smart Credit motto is “For a better life”. With the average disbursed loan size below 900€ equivalent, the MFI meets a range of needs of poor rural households (70% of loans in rural areas), while 54% of loans are made to women. The MFI has also signed up for the European Code of Good Conduct for Microcredit Provision.
