openPR Logo
Press release

Microfinance Market Size, Share, Trends, Analysis and Forecast 2020-2026

06-15-2020 11:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Microfinance Market Size, Share, Trends, Analysis and Forecast

The global microfinance market is projected to exhibit a significant growth, at a CAGR of around 14.8%, during the forecast period. COVID-19 has posed major setbacks for the global microfinance market. Microfinance industry has experienced crisis before, such as 2008 Financial crisis; however, at that time, the industry came out effectively and efficiently. Though, the crisis proposed from the outbreak of COVID-19 pandemic is expected to act differently for the microfinance market, as the impact will affect the access to capital. A greater capital flight can be seen after the outbreak of the pandemic in the emerging countries than any time in history, comparatively more severe than 2008 Financial crisis and Asian financial crisis.

A full report of Global Microfinance Market is available at: https://www.omrglobal.com/industry-reports/microfinance-market

Therefore, the funding environment of the microfinance market is certainly at a risk. It can be seen that the revenue of the industry is threatened as the customers are affected by the global macroeconomic collapse, social distancing, and other COVID-19 norms posed by healthcare organizations and respective governments, to contain the spread of the pandemic. Therefore, many microfinance institutions have suspended repayments during this meantime, with which, no income is calculated in the industry in the past 2-3 months. Thus, the global microfinance market is experiencing a huge pressure from all the directions amidst the outbreak.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/microfinance-market

However, the government is taking several steps to assist microfinance institution during this meantime. The government of the respective countries is following numerous measures to handle the financial industry. For instance, the Reserve Bank of India (RBI) has opened an all-over separate liquidity window for several smaller non-bank lenders, which includes microfinance institutions. The Government of India (GoI) has offered moratorium of three-months to loan borrowers. In addition, the microfinance lenders have announced an extension of three-months of moratorium to microfinance clients. Some other steps taken by the GoI include-

• National Bank for Agriculture and Rural Development (NABARD) has been allotted $33 million (INR 25,000 crore) to enable refinancing of regional rural banks, cooperative banks, and microfinance institutions.
• All India financial Institutions, such as Small Industries Development Bank of India (SIDBI), NABARD, and the National Housing Bank will be provided with special refinance facility of $66 million (INR 50,000 crore) at the repo rate.
• The SIDBI has been given Rs $20 million (INR 15,000 crore) for on-lending and refinancing to scheduled commercial banks, non-banks, and microfinance institutions.

In addition, the GoI has revised guidelines on April 15, 2020, and allowed housing finance companies and microfinance institutions to resume work with minimum staff. In addition, all agricultural and horticultural activities, cooperative credit societies, plantations, and construction activities in rural areas are allowed to restart from April 20, 2020. These steps are expected to certainly curtail the loss for the microfinance market in India.

Global Microfinance Market-Segmentation

By Service Type

• Group and Individual Micro Credit
• Insurance
• Leasing
• Others (Micro Investment Funds)

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/microfinance-market

Global Microfinance Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

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

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Accion International
• Adie
• Asirvad Micro Finance Ltd. (Manappuram Finance Ltd.)
• Bajaj Finance Ltd.
• Bancamía S.A.
• Banco do Nordeste do Brasil SA
• Bandhan Bank Ltd.
• Bangladesh Rural Advancement Committee (BRAC)
• BSS Microfinance Ltd.
• CreditAccess Grameen Ltd.
• Equitas Small Finance Bank Ltd.
• Fusion Microfinance
• Grameen Bank
• ICICI Bank
• Jamii Bora Bank
• Kiva Microfunds
• microStart SCRL
• National Bank for Agriculture and Rural Development (NABARD)
• PT Bank Rakyat Indonesia Tbk
• Qredits Microfinanciering Nederland
• Ujjivan Financial Services Ltd.

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

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 Microfinance Market Size, Share, Trends, Analysis and Forecast 2020-2026 here

News-ID: 2074407 • Views:

More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033. Road Marking Paint Market Overview The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period. Outboard Boat Market Overview The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033. Mobile Ticketing Market Overview The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033. Metal Alloy Market Overview The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in

All 5 Releases


More Releases for Micro

Micro and Ultra-Micro Balances Market Size Report 2025
"Global Micro and Ultra-Micro Balances Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031" is published by Global Info Research. It covers the key influencing factors of the Micro and Ultra-Micro Balances market, including Micro and Ultra-Micro Balances market share, price analysis, competitive landscape, market dynamics, consumer behavior, and technological impact, etc.At the same time, comprehensive data analysis is conducted by national and regional sales, corporate competition rankings,
Micro Mobility Revolution: Exploring the Growing Micro Cars Market
The term micro car is used for small-sized and lightweight cars, with an engine small than 700 cc. Bubble cars, cycle cars and quadricycles are defined as micro cars. This is usually three-wheeled and four-wheeled vehicle, available for personal and commercial usage. It is often used as a second or commuter car due to its low cost and fuel efficiency. This car is suitable for urban and suburban environment, as
Micro Injection Molded Plastic Market worth $1,692 million by 2026 | Key players …
According to recent market research the "Micro Injection Molded Plastic Market by Material Type (Liquid-Crystal Polymer (LCP), Polyether Ether (PEEK), Polycarbonate (PC), Polyethylene (PE), Polyoxymethylene (POM)), Application and Region - Global Forecast to 2026", published by MarketsandMarkets, the micro injection molded plastic market is projected to reach USD 1,692 million by 2026, at a CAGR of 11.2% from USD 995 million in 2021. Micro injection molded plastics are made of micro
Micro Combined Heat & Power (Micro CHP) Market 2022 | Detailed Report
The Micro Combined Heat & Power (Micro CHP) research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Micro Combined Heat & Power (Micro CHP) research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope,
Micro-Invasive Glaucoma Implants Micro-Invasive Glaucoma Implants
Global Micro-Invasive Glaucoma Implants Market Definition: Micro-invasive glaucoma implants is performed for the treatment of the open- angle glaucoma and is done through an ab- interno approach. It is very safe and provides faster recovery as compared to the traditional methods. They usually lower the intraocular by increasing the flow or reducing the production of the aqueous humor. Increasing cases of the glaucoma worldwide is the major factor fueling the
Comprehensive Analysis On Micro Welding Equipment Market 2019 : Pro-Fusion, OR L …
Up Market Research added a new Micro Welding Equipment Market research report for the period of 2019 – 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Get Sample Copy Of This Report @ https://www.upmarketresearch.com/home/requested_sample/108038 The report contains 112 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing