Our days
Microfinance or microcredit usually includes very small loans of about 100USD granted to an individual or group of individuals. Borrowers, as a rule, are not above the average level of financial position.
In the world market of microfinance in 2017 there was a strong activity, which increased since 2015, while the volume of transactions increased. After the crisis in 2011, and to this day, we have seen steady growth in this sector. We believe that there is a broader convergence trend between the assessment of banks with emerging MFIs.
Microfinance is one of the fastest growing markets in the world. According to the studies of CGO and J.P. Morgan every 10 inhabitants of the Earth takes money in MFIs every month, we will remind that the population of the earth on January, 1st, 2017 makes 7,4 billion.