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Access Microfinance Holding

Summary sheet

Release date
2 May 2006
Status
Reference
Under appraisal | 02/05/2006
20050463
Project name
Promoter - financial intermediary
Access Microfinance Holding
LFS Financial Systems GmbH
Linienstr. 126
D-10115 Berlin
For the attention of: Dr. Bernd Zattler, Managing Director
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 4 million.
Not Applicable.
Location
Sector(s)
Description
Objectives

Equity investment in regional holding company with a total share capital of EUR 20 million incorporated in Germany, and dedicated to the creation and acquisition of commercially sustainable microfinance institutions (MFIs).

Achieving a social return through the deployment of equity or convertible debt to new or existing MFIs in developing countries as well as a commercially acceptable return in the microfinance area.

Environmental aspects
Procurement

Investee companies to meet minimum environmental standards to be specified and monitored by the Manager of the holding company.

Not Applicable.

Comments

Financial Sector

Link to source
Summary sheet
Access Microfinance Holding

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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