British International Investment

Access Microfinance Holding AG

AzerbaijanBrazilGeorgiaLiberiaMadagascarMozambiqueNigeriaRwandaTajikistanTanzaniaZambiaRest of the WorldFinancial services

AccessHolding ( AH) owns a network of MFIs in developing countries with a target group focus on micro loans and small and medium-sized enterprises. CDC holds a 12.3% stake in AHs network comprises ten MFIs (3 in Central Asia, 6 in Africa, 1 in South America), with aggregated assets of over EUR 839m, #545k outstanding loans and approx. 6,900 employees

This investment was made when British International Investment was named CDC Group.

Reporting and Complaints Mechanism

The Reporting and Complaints Mechanism allows anyone outside BII to report alleged breaches of the business integrity or environmental and social provisions of BII’s Policy on Responsible Investing. This includes breaches made by BII, a BII investee, or a portfolio company of a fund in which BII has invested. The Reporting and Complaints Mechanism Rules are available here. Reports and complaints can be submitted by email to [email protected] or by mail. See more details on our Reporting and Complaints Mechanism here.

For any other general enquiries contact us at [email protected]

  • Key facts

    Last updated

    When the last quarterly update of the website database occurred.

    :
    January 2024
    Project number

    An identifier number shared by investments in the same project.

    :
    D2
    Status

    The current status of the investment (green flag for active and red flag for exited).

    :
    Active
    Region

    The geographical region where the country is located. We currently invest in Africa, South Asia, South East Asia and the Caribbean. In 2023, BII’s investment mandate was extended allowing it to invest in regional funds linked to Ukraine, with the majority of activity expected to begin post-war. Investments outside these regions were made prior to 2012 under previous investment mandates.

    :
    Rest of the World
    Country

    The countries from which we derive the value of our investment. Where value is derived from multiple countries, this is indicated.

    :
    Azerbaijan, Brazil, Georgia, Liberia, Madagascar, Mozambique, Nigeria, Rwanda, Tajikistan, Tanzania, Zambia
    Sector

    We prioritise those sectors that facilitate development and need our capital the most. Our priority sectors contribute towards many of the Sustainable Development Goals. They range from investing in the power infrastructure that will provide people with better access to electricity, to investing in financial institutions that direct capital to the individuals and businesses that need it the most.

    :
    Financial services

    We provide capital in the following ways: directly – through direct equity, direct debt, guarantees and other non-intermediated financial instruments; and indirectly – principally through investment funds.

    For direct investments and fund investments, this is the date BII committed capital to the investments. This is typically the date on which legal agreements are signed by all parties.

    For the portfolio companies of our fund investments, this is the date (either the month or the quarter) on which the fund committed capital to the portfolio company.

    For direct equity investments, this is the date at which British International Investment exited the investment.

    For debt investments, this is the date at which the final debt repayment was made.

    For funds, this is the date at which the fund was terminated.

    For underlying fund investments, this is the date at which the fund manager exited the investment.

    The total amount committed, per financial instrument, per investment, on the date BII becomes subject to a binding legal obligation to provide funding or assume a contingent liability. This information is provided in US dollars.

    For direct investments, this is the amount that BII has committed to the business or project. For fund investments, this is the amount BII has committed to the fund.

    The currency in which the investment was made.

    Investment type :
    Fund
    Start date :
    September 2014
    Amount :
    $2.21m
    Currency of investment :
    EUR
    Fund Manager:
    Access Holdings
    Domicile

    The company or investment fund’s place of incorporation.

    :
    Germany

Related investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $4.72m Rest of the World Financial services May 2007 Active
Investment 02 $2.32m Rest of the WorldRest of the World Financial services December 2010 Active
Investment 03 $2.04m Rest of the WorldRest of the WorldRest of the World Financial services March 2012 Active
Investment 05 $2.5m Rest of the WorldRest of the WorldRest of the WorldRest of the World Financial services October 2015 Active
Investment 06 $2.51m Rest of the WorldRest of the WorldRest of the WorldRest of the WorldRest of the World Financial services February 2017 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
AB Bank Zambia Zambia East Africa Financial services March 2011 Active
AB Microfinance Bank Nigeria Nigeria West Africa Financial services November 2008 Active
AccèsBanque Madagascar SA Madagascar East Africa Financial services November 2006 Active
Access Bank (Rwanda) Plc Rwanda East Africa Financial services January 2014 Active
Access Bank Georgia Georgia Rest of the World Financial services October 2014 Active
Access Bank Tanzania Tanzania East Africa Financial services July 2007 Active
AccessBank Brazil Brazil Rest of the World Financial services March 2015 Active
AccessBank Liberia Liberia West Africa Financial services December 2008 Active
AccessBank Tajikistan Tajikistan Rest of the World Financial services June 2010 Active

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