The MFO Iute Credit began its activities on the financial services market of the Republic of Moldova in August 2008. It has been growing ever since, and as of 2012 has achieved third place in portfolio volume on Moldovan MFO market. Its 100% shareholder is Estonian joint stock company Iute Credit Europe. At the moment, the company has a main office in Chisinau and branch offices in Balti, Comrat and Cahul as well as a large number of partners in retail lending. People can buy and take our credit directly in the shops. We foresee the opening of branch offices in other towns – but only to facilitate the access of clients and partners. Actually, our work procedure is built around modern IT solutions and modern thinking, which allow cutting costs and skipping traditional working methods of Moldovan banking and MFO sector.