openPR Logo
Press release

Global Microfinance Industry Market Trends, Size, Forecast - 2019-2025

Global Microfinance Industry Market

Global Microfinance Industry Market

Microfinance is an arrangement to credit the small loan amount to people having little or no income so that they can create their own livelihood. Microfinance industries also include other services such as savings accounts, training, health services, and networking. The microfinance industry mostly works in developing and emerging countries such as Bangladesh, India, Brazil, and Colombia. Generally, repayment rates in the microfinance industry are higher as compared to conventional buyers. It is due to a system of peer support that is used in many microcredit models and borrowers are responsible for each other. Before the pandemic, government initiatives, increasing foreign investment in the emerging economies, growth in small and medium enterprises are some of the major drivers for the microfinance industry. Moreover, rising potential toward household living and maintaining social living in rural areas is also augmenting the market.

Request a free sample of our report on Global Microfinance Industry Market: https://www.omrglobal.com/request-sample/impact-of-covid-19-on-global-microfinance-industry

The COVID-19 pandemic has created a temporary as well as long time impact on the microfinance industry. In many emerging economies, lockdown for weeks has been announced by the government to prevent the spread of the COVID-19. Countries such as India, Bangladesh, Colombia, and others are under lockdown for weeks due to which regular operation related to microfinance is halted. Moreover, global investors have withdrawn huge investments from emerging economies due to the downfall in the stock market, which is creating credit and liquidity problems in those economies. Moreover, due to coronavirus, a downfall in global GDP in 2020 is projected, which is also going to affect the microfinance industry in a negative way.

A full report of Global Microfinance Industry Market is available at: https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-global-microfinance-industry

The global microfinance industry report is segmented based into group and individual micro-credit, insurance, leasing, micro-investment funds, savings and checking accounts, and other verticals. Group and Individual Micro Credit and leasing are expected to be affected significantly all across the globe. The effect of COVID-19 on the microfinance industry can be observed in all the regions including North America, Europe, Asia-Pacific, and the Rest of the World. Europe and North America are the most affected regions due to the COVID-19 pandemic. More than 650,000 confirmed cases in North America and more than 950,000 cases in Europe have been registered by the mid of April 2020. As the countries in the region are developed economies, compensation is expected to be provided by the government. However, in emerging economies such as India, Brazil, Bangladesh, and ASEAN countries; the government will not be able to incur most of the loss due to the COIVD-19 pandemic.

Verticals Affected Most
• Group and Individual Micro Credit
• Insurance
• Leasing
• Micro investment Funds
• Savings and Checking Accounts
• Others

Regional Analysis

North America
• United States
• Canada

Europe
• UK
• Germany
• France
• Rest of Europe

Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World
• Latin America
• Middle East Africa

Company Profiles
• Adie
• Bancamía S.A.
• Banco do Nordeste do Brasil SA
• Bandhan Bank Ltd.
• Bangladesh Rural Advancement Committee (BRAC)
• PT Bank Rakyat Indonesia Tbk
• CreditAccess Grameen Ltd.
• Grameen Bank
• Kiva Microfunds
• Qredits Microfinanciering Nederland

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-on-global-microfinance-industry

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Microfinance Industry Market Trends, Size, Forecast - 2019-2025 here

News-ID: 2073838 • Views: 146

More Releases from Orion Market Research Pvt Ltd

Global LPWAN Market Trends, Size, Competitive Analysis and Forecast - 2019-2025
The global low power wide area network (LPWAN) market is expected to grow at CAGR 34.2% during the forecast period. The key factors that are contributing in the market growth such as an increase in the development of smart cities and smart building, lower power consumption demand, support more devices over a large coverage area, and demand for the low cost of LPWAN technology. The LPWAN is the wireless wide-area
Global Injectable Drug Delivery Device Market Trends, Size, Competitive Analysis …
The global injectable drug delivery device market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 9.2%, during the forecast period. Rising incidence and treatment of chronic diseases such as CVD, cancer, diabetes, and other major diseases is one of the major factors augmenting the growth of the global injectable drug delivery devices market. According to the International Diabetes Federation, there are more than 425
Global Medical Robotics Market Trends, Size, Competitive Analysis and Forecast - …
Tihe global medical robotics market is growing at a significant CAGR of around 18.2% during the forecast period (2020-2026). The medical robots are self-powered and computer-controlled devices that are programmed to support in the manipulation and positioning of surgical instruments. It offers accuracy, control and flexibility to the surgeons. The robotic-assisted surgical systems is showing importance in this procedure due to minimal scarring, reduced blood loss and transfusion and reduced
Global Fertility Monitors Market Size, Industry Trends, Share and Forecast - 201 …
The global fertility monitors market is estimated to grow significantly, at a CAGR of above 7%, during the forecast period. The major factors contributing to the market growth include the decline in fertility rate coupled with the increasing awareness about fertility testing. The growing infertility rate can be attributed to obesity, excessive alcohol consumption, and increasing sexually transmitted diseases (STD). As a result, the demand for female fertility diagnosis and

All 5 Releases


More Releases for Micro

Jeol starts micro sessions
Live slots, remote demos or on-demand webinars, as a manufacturer of high-tech electron microscopes and analytical systems for research and industry, JEOL is increasing its focus on digital networking now. On July 17th, 2020, JEOL Germany is launching its new digital series “Micro Sessions” in English, in which current research topics and system demonstrations will be broadcasted live from the demo laboratory at the German location in Freising to the
Global Micro Scales Market Research
Global Micro Scales Market Research Micro Scales advertise is foreseen to develop at a CAGR of XX% by 2023, as per another Global Micro Scales Market Research report distributed by Research Vector Inc. The report fragments the market and gauges its size, by volume and esteem, based on application, side-effects, and by geology (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for Micro Scales to 2023 offers
Global Micro Welding Equipment Market 2018 | Pro-Fusion, OR Laser, Micro Product …
This report studies the global Micro Welding Equipment market status and forecast, categorizes the global Micro Welding Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1844824 ' ' The global Micro Welding Equipment market is valued
Micro Inverter Market
Global Micro Inverter Market would reach $2.7 billion by 2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe, according to a new report published by Allied Market Research.The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth. Swift rise in demand for greater efficiency of
2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/ …
ResearchMoz presents this most up-to-date research on "2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/SPECT, Multimodal, Micro-Ultrasound and Micro-PAT)". Small animal imaging technology has marked itself as the most useful tool in preclinical research globally. The technology has proved to be of great importance in developmental biology studies and drug development research programs. Being non-invasive, longitudinal studies are possible with accurate and detailed analysis. The global small animal
What is Scalp Micro Pigmentation?
Micro Scalp Pigmentation also know as Scalp Micro Pigmentation which is offered by Phuket Hair Clinic in Thailand. This procedure is ideal for people wanting a long term hair loss solution and having a lovely holiday on the island of Phuket at the same time. Micro Scalp Pigmentation is a method of depositing pigment into the dermal layer of the skin on the scalp, which replicates hair follicles. When viewed from