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Press Releases

Access Acquires Asset Management Limited

Access Financial Services Limited (AFS) announced today that is has finalized an agreement to acquire the loan portfolio of Asset Management Company Limited (AMCL), a subsidiary of Proven Investments Limited, for $439M.

In addition to the acquisition AFS has taken over the AMCL location at 46 Trinidad Terrace which will become the newest AFS branch, and has hired key members of the AMCL team.

Marcus James, Access Financial Services Limited’s CEO stated that “The acquisition is a strategic move for AFSs net profit and the terms of acquisition represented a good value for the...

Access Financial Services Limited Restructures

Access Financial Services (AFS) today announced the appointment of Deveta McLaren to the position of Manager Retail Credit Sales and Catherine Thomas to the position of Manager Credit Administration. Ms. McLaren joined the company in 2012 as its Marketing Manager while Ms. Thomas has held the post of Operations Manager since 2010. In addition to Ms. McLaren’s and Ms. Thomas’ appointment the company also announced that the positions of Human Resource Manager, Training Officer and Business Development Manager were made redundant. The company said that the restructuring exercise which took...

Proven Endorses Marcus James

Proven Investments has acquired a 49% stake in Access Financial Services Ltd. This results in Proven being the largest single shareholder in the 14 year old company, with Marcus James, founder, having the second largest shareholding.

Christopher Williams, CEO Proven, expressed his delight in the acquisition. "We are very excited about this acquisition as it has afforded us a giant move into the microfinance industry and provides a perfect complement to our microlending entity Asset Management Company Ltd. (AMCL). Proven has bought into a profitable company which has shown...

Access Financial Services wins the Citi Excellence in Microfinance Award 2012

Kingston, Jamaica, September 3, 2012 - Citi Foundation, the Caribbean Microfinance Alliance, and the Multilateral Investment Fund (MIF) are pleased to announce the winners for the 1st annual Citi Micro-entrepreneurship Awards for the Caribbean. The Awards recognize a microfinance institution and a micro-entrepreneur that have each demonstrated remarkable success in the English-speaking Caribbean. Five finalists were chosen for each award and a jury of six experts on microfinance and micro-entrepreneurship in the region has selected the winners.

The winner of the Excellence in...

Access Financial Services - Finalist for Citi Micro-entrepreneurship Awards

For immediate release
Citigroup Inc. (NYSE symbol: C)
August 24, 2012

Finalists Announced for the Citi Micro-entrepreneurship Awards for the Caribbean

Kingston, Jamaica, August 24, 2012 - Citi Foundation, the Caribbean Microfinance Alliance, and the Multilateral Investment Fund (MIF) are pleased to announce the finalists for the 1st annual Citi Micro-entrepreneurship Awards for the Caribbean. The Awards recognize a microfinance institution and a micro-entrepreneur that have each demonstrated remarkable success in the English-speaking Caribbean. Five...

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