📋 Tender Overview
COMPANY NAME
Access Financial Services Ltd.
PROJECT NUMBER
15123-01
FI-3 operations are those where the risk potential is considered low: the FI’s current or future portfolio consists of financial exposure to business activities that predominantly have minimal or no adverse environmental and social impacts.
E&S CATEGORY tooltip
FI-3
COUNTRY
Jamaica
SECTOR
Financial Institutions
STATUS
Proposed
DISCLOSED DATE
06/11/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
07/15/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Financial Institutions Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 5,000,000
CURRENCY
JMD
Project scope and objective
IDB Invest is considering a loan of up to JMD774,700,000.00 to Access Financial Services Limited ( Access Financial ). Access Financial Services Limited intends to expand its Micro, Small, and Medium-Sized Enterprise ( MSME ) portfolio to include support to women in business as well as expand on its loans to the green segment of the market. The expectation is that this will redound to future growth opportunities and to complement its MSME and green lending portfolios. The proposed structure of the transaction is a senior unsecured loan, with a term of up to seven years, including a moratorium period of up to one year.
