Overview:
AccessHolding is a commercial microfinance holding company.
Description:
AccessHolding invests in microfinance institutions and aims to develop these investments through equity finance, holding services, and management services rendered by its technical partner, LFS Financial Systems GmbH (LFS). AccessHolding concentrates on start-up and early-stage microfinance institutions (MFIs), which are retail micro-lenders. It establishes new MFIs together with other partners, and transforms existing non-bank microlending institutions into full microfinance banks. AccessHolding aims to one day transform from a holding company of associated MFIs into a controlling parent company of a global network of microfinance banks with a common brand identity.
Microfinance Information Exchange (MIX) Profile:
http://www.mixmarket.org/funders/accessholding
Organization’s Website:
www.accessholding.com
Just the Facts:
Country of Incorporation: Germany
Year Founded: 2006
Legal Status: Joint Stock Company
Committed Capital (as of day/month/year): EUR 21.5 million (as of 30/June/08)
Number of MFI Investments (as of day/month/year): 5 (as of 31/June/09)
Area of Operation: Global
Participant(s)/Backer(s)/Investor(s): CDC Group plc, European Investment Bank (EIB), International Finance Corporation (IFC), LFS, MicroAssets GbR (MA), Omidyar-Tufts Microfinance Fund (OTMF)
Instruments: Equity
Fund Currency: EUR
Fund Manager: LFS Financial Systems GmbH (LFS)
Contact Information:
Access Microfinance Holding AG
Linienstraße 126
10115 Berlin
Germany
+49 30 308747 – 0
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Additional Resources:
Latest news on AccessHolding from MicroCapital.org:
https://www.microcapital.org/?s=accessholding&x=0&y=0
The African Development Bank (ADB) Approves US $900,00 Investment in Access Holding AG-Sponsored Access Bank Liberia (ABL) and $1m grant to Support Micro-Enterprises in Liberia (April 2008):
https://www.microcapital.org/microcapital-story-the-african-development-bank-adb-approves-us-900000-investment-in-access-bank-liberia-abl-and-1m-grant-to-support-micro-enterprises-in-liberia/
Access Microfinance Holding AG Enters Tanzanian Microfinance Market (August 2007):
https://www.microcapital.org/microcapital-story-access-microfinance-holding-ag-enters-tanzanian-microfinance-market/
Press Links from AccessHolding:
http://www.accessholding.com/index.php?cat=resources&scat=1
Latest news from AccessHolding:
http://www.accessholding.com/index.php?cat=news
Link to Microcapital Universe, Your Wiki for Microfinance and More:
https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Access+Microfinance+Holding+AG+%28AccessHolding%29
Authored by Kenny Kline, Research Associate
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