Why Choose the Eco Mortgage?

The GEFF Moldova Residential Program offers households the opportunity to invest in a more energy-efficient, comfortable, and valuable home, making it the ideal solution for those seeking real economic benefits in both the short and long term:

- Efficiency and sustainability—reducing energy, water, and other resource consumption through the use of energy-efficient equipment and renewable energy sources;
- Direct financial savings—lowering monthly utility bills and increasing the household budget by reducing operating costs;
- Comfort and increased value – the enhanced reliability of modern equipment contributes to greater comfort and improved living standards, as well as an increase in the property’s value;
- Lower borrowing costs – the non-repayable grant significantly reduces the actual cost of financing, making investments more accessible and advantageous.
- Extended financing – you can obtain up to 90% of the sub-project’s value with additional real estate collateral;
- Zero costs – no application review fee and no monthly administration fee;
- No currency risk – the loan is protected against exchange rate fluctuations;
- Included benefits – free Visa debit card;
- Full control – unlimited access to OTP Internet & Mobile Banking.

The GEFF Moldova Residential Program is developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the European Union and Norway through the High-Impact Partnership on Climate Action (HIPCA)

Financing Terms:

You can receive up to 1,900,000 MDL with a repayment term of up to 15 years for pre-approved technologies included in the Green Technology Selector

Purpose:

- Thermal insulation of exterior walls¹;
- Insulation of partition walls separating areas with different indoor temperature requirements;
- Thermal insulation of the roof²;
- Thermal insulation of floors³;
- Biomass boilers;
- Heat pumps (electric-powered);
- High-efficiency lighting, low-heat-emitting lighting (based on LED lamps, high-pressure sodium lamps, solar-powered LED lamps);
- Solar collectors for water heating;
- Energy-efficient windows, doors, and glazing;
- Hot water storage tanks;
- Building-integrated photovoltaic (PV) systems⁴;
- Air conditioners;
- Centralized “rooftop” air conditioning systems;
- Electric vehicle chargers⁵;
- Lithium-ion batteries⁶;
- Rainwater harvesting tanks;
- High-efficiency home appliances⁷: Washing machines, clothes dryers, dishwashers, refrigerators and freezers, electric ovens, electric water heaters (“boilers”);
- Other possible measures that meet the eligibility criteria.

Select a pre-approved green technology from the EBRD’s Green Technology Selector and benefit from fast financing without additional approval. 

<sup>1. This category does not apply to individual apartments in multi-unit buildings, but it does apply to the entire facade.
2. This category does not apply to individual apartments in multi-unit buildings, but it does apply to the entire roof of a building.
3. This measure is eligible for an individual apartment in a multi-unit building only if the insulation layer is installed on the floor surface inside the apartment (above the floor slab).
4. This measure does not apply to individual apartments in multi-unit buildings; it must be implemented at the building-wide level.
5. Electric vehicles are not eligible under this program.
6. Only if they are combined with a PV system.
7. Permitted only up to 10% of the total project cost, which includes the energy efficiency/renewable energy measures mentioned above and household appliances.</sup>

Information on secured loans conditions for individuals

• Information on the conditions for issuing secured loans to individuals (PDF)
• Information on the conditions for issuing secured loans to individuals (Excel)