“BIB” Bank im Bistum provides €1 million loan to a subsidiary of Mikro Kapital Group in Moldova

Support of micro, small, and medium-size businesses and low-income clients.

Moldova - September 24th, 2019

Today, 24 September 2019, Mikro Kapital Group has concluded an agreement with “BIB” Bank im Bistum.

“BIB” Bank im Bistum is a German cooperative bank which was founded in 1966 and will provide a €1 million loan to our local subsidiary in Moldova.

This three-year BIB loan will be granted to Mikro Kapital Moldova in order to support micro, small, and medium-sized businesses (SMEs) and low-income clients (excluding consumer loans) in Moldova.

“Mikro Kapital Moldova» is one of our local Microfinance subsidiaries located in Eastern Europe. Founded in 2013 it currently has a portfolio of about EUR 13.5 mln and serves over 1,500 borrowers via 6 representative offices and 42 staff. Through its activities, Mikro Kapital Moldova supports micro, small and medium entrepreneurs from different economic sectors, of which about 35% are from the agricultural sector. Women clients represent about 40% of all borrowers. The mission of the company is to improve the living standards of local people and close the gap with the developed world.

Mikro Kapital Group is a partner of the Italian State Agency for Microcredit. Total assets under management (as at 30.06.19) of Mikro Kapital Group exceed EUR 600 m.


Bank im Bistum Essen eG (BIB) is a socially and ethically oriented bank with Christian roots. With total assets of EUR 5.1 billion, it is one of the biggest cooperative banks in Germany. It is a financial service provider for the church, health care and social organisations, foundations, relief organisations and anyone who shares its vision for a fair and peaceful world. BIB has been working in microfinance since 2007, offering direct financing to MFIs worldwide. BIB manages two microfinance funds, KCD Mikrofinanzfonds (FIS) and KCD-Mikrofinanzfonds III, which allow professional and retail investors to invest in microfinance.