Invest-Credit evolved from a community-based organization, started in 1999 through the visionary leadership of a Moldovan pastor, Ilie Coada. As a co-founder and a current board member of Invest-Credit, he was looking for an effective and sustainable solution to poverty in his community. The original program started there has been a tremendous success, enabling over 100 families to develop businesses, and truly transforming the entire town.

In partnership with an international non-profit organization, local leaders embraced a national vision to transform communities all over Moldova in a similar way. Thus the Christian Agency for Micro Enterprise Development (CAMED) was created. In 2005, CAMED consolidated its lending activities under a national Microfinance Organization called Invest-Credit Today, CAMED’s activities are focused on three main areas: micro and small business loans, business training, and spiritual transformation.

CAMED is spreading its impact over Moldova through a network of branches and lending agents. The first branch office was opened in the southern city of Cahul in 2007, and additional branches are planned in the next several years. Through its Chisinau headquarters and extension activities, CAMED currently has clients in over 40 communities of Moldova, and partnerships with over 100 local churches.