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        ACCESS MICROFINANCE HOLDING III

        Signature(s)

        Amount
        € 7,766,375.56
        Countries
        Sector(s)
        ACP States : € 7,766,375.56
        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

        na

        na

        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.

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        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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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