ACCESS MICROFINANCE HOLDING III

Participation in the capital increase of Access Microfinance Holding AG in order to continue supporting the expansion of its network of microfinance banks and their development. AccessHolding, in which EIB is a shareholder since 2006, is a German-domiciled microfinance investment holding company operating a network of seven microfinance banks, five of which are located in African Caribbean and Pacific countries.

Objectives

AccessHolding's aim is to build a network of 12 to 15 microfinance banks worldwide concentrating on lower to middle income countries.

Comments

Sector(s)

Services

Proposed EIB finance (Approximate amount)

EUR 15 million

Total cost (Approximate amount)

EUR 130 million

Environmental aspects

Procurement

Status

Signed - 21/06/2012.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

Projects

Participation of capital increase of microfinance investment company

E-mail

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments regarding the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.

Alternatively, EIB can also be contacted through its external offices.

Queries regarding details of a specific project, in particular when EIB loan is under appraisal, should be preferably addressed directly to project promoters.

Media enquiries

Media related enquiries can be addressed to the EIB Press Office. Please also visit our Press Corner.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged to EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero-tolerance against fraud and corruption

The EIB has a zero-tolerance policy on fraud or corruption. To report allegations of fraud or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.

EIB Transparency Policy

The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.

Guide to procurement

This Guide applies specifically to those components of a project identified for the Bank's financing.