Microfinance Market

“Global Microfinance Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global microfinance market. Microfinance is a banking service offered to unemployed, low-income individuals and groups with minimal access to financial services. It includes group and individual microcredit, lease, micro-investment funds, insurance and savings and checking accounts, provided by banks and other financial institutions. Microfinance provides various financial opportunities and aid in improving the living standards of individuals, especially those living below the poverty line.

The global microfinance market is primarily being driven by significant growth in the banking industry, along with the increasing requirement for loan facilities among lower-income groups. The growing adoption of mobile and online payment solutions to manage portfolios and enhance the efficiency of the services provided is expected to drive the market further. Other factors, including the implementation of favorable government policies promoting microfinance in rural sectors, are contributing to the market growth.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the microfinance market and can also impact its future growth. Taking 2021 as the base year, the report covers the historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the microfinance market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the microfinance market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the microfinance Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the microfinance Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the microfinance Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the microfinance Industry. Furthermore, the value chain analysis of the microfinance Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Microfinance Market 

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players         

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the microfinance industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.