Lack of Financing

Due to strict requirements and harsh conditions for receiving credit from the banking sector in Moldova, most entrepreneurs who wish to launch a small business lack access to the financing they need.

For over twenty years, both Moldovan and foreign development agencies have invested heavily in business trainings and workshops. While these events have helped many entrepreneurial individuals develop plans for a new business, these plans have rarely been implemented due to their inability to make needed purchases. As a result, a lack of entrepreneurialism, innovation, and job-creation has plagued the country since its independence