The capacity of the cold storage facilities for fruits and vegetables in Moldova has increased with more than 19 thousand tons due to the Compact loans made to agricultural entrepreneurs.
For investments in the post-harvest infrastructure 34 loans were made by early June 2014. Most of them were invested in the construction of or procurement of new equipment for cold storage facilities. Farmers also invested the loan funds in procurement of equipment for sorting and processing of fruits and vegetables, construction of greenhouses, procurement of vehicles to carry the products etc. These investments will enable the producers to quickly respond to the market demand and stand firm to negotiate better prices for agricultural produce.
On the other hand, the Compact loans have generated additional investments in agriculture. Every U.S. dollar loaned from the Compact Credit Facility caused 1.3 U.S. dollars to be additionally invested in the post-harvest infrastructure.