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ACCESS MICROFINANCE HOLDING III

Signature(s)

Amount
€ 7,766,375.56
Sector(s)
Services : € 7,766,375.56
Signature date(s)
2/10/2015 : € 2,238,375.04
17/02/2017 : € 2,323,062
21/06/2012 : € 3,204,938.52
Link to source
Data sheet
ACCESS MICROFINANCE HOLDING III
Other links
Summary sheet
ACCESS MICROFINANCE HOLDING III

Summary sheet

Release date
2 May 2012
Status
Reference
Signed | 21/06/2012
20120055
Project name
Promoter - financial intermediary
ACCESS MICROFINANCE HOLDING III
LFS FINANCIAL SYSTEMS GMBH
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 8 million
EUR 130 million
Location
Sector(s)
Description
Objectives

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.

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

Environmental aspects
Procurement

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Link to source
Summary sheet
ACCESS MICROFINANCE HOLDING III
Other links
Data sheet
ACCESS MICROFINANCE HOLDING III

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning 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, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

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

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the 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 and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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