AccessHolding
| Joint Stock Company | |
| Industry | Development Finance |
| Founded | 2006 |
| Headquarters | Berlin, Germany |
|
Key people
|
Thomas Engelhardt Chairman |
| Products |
Equity Finance Management Services |
| Total assets | €1 billion (*network 2014) |
| Website | Homepage |
Access Microfinance Holding AG, often referred to as AccessHolding, is a commercial microfinance investment and holding company based in Germany. AccessHolding specializes in start-ups and early-stage microfinance institutions (MFIs). It will establish new MFIs together with other partners, and transform existing non-bank microlending institutions into full-service microfinance banks.
AccessHolding is an investor and technical manager in a network of microfinance banks in developing and emerging countries. These banks specifically target their lending to micro, small and medium-sized enterprises, in the countries that they serve. As of June 2014[update], the company had eight microfinance banks in Sub-Saharan Africa, Central Asia and the Caucasus. At that time, the group banks' total assets were valued at approximately €1 billion, with shareholders' equity of about €170 million.
The company was founded in August 2006 by LFS Financial Systems GmbH (LFS). LFS is a German business and financial consulting firm based in Berlin. It has special expertise in developing and emerging markets. It serves as the manager and technical advisor to the company as well as to the banks in which AccessHolding invests. The company is registered as a "joint stock company" under German law; with a paid-up capital of €27.8 million. As of December 2013[update], AccessHolding has created a total of eight microfinance banks in Azerbaijan, Madagascar, Tanzania, Nigeria, Liberia, Tajikistan, Zambia and Rwanda.
The member banks of the AccessBank Group include the following:
As of December 2013[update], the company is privately owned by the following corporate entities:
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