Global Microfinance Market Size study, By Provider (Banks, Micro Finance Institute, NBFC, and Others) and End User, and Regional Forecasts 2022-2028

List of Tables

Global Microfinance Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Microfinance can be defined as a financial service intended for low-income individuals or groups who are typically excluded from traditional banking services. In Microfinance financial products and services are developed specifically for Micro and Medium Sized enterprises as well as for socially vulnerable individuals & groups. Microfinance loans, microfinance saving accounts, Micro Credit, and Micro insurance are products that are offered under Microfinance. The increasing penetration of microfinance organization and growing MSME finance gap in developing countries as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to SME Finance Forum (Managed by International Finance Corporation) estimates - as of 2020, around 131 million or 41% of formal MSMEs in developing countries have unmet financing needs. In addition, in developing countries MSME finance gap is estimated at approximately USD 5 trillion, which accounts for 1.3 times of the current level of MSME lending. Moreover, Women-owned businesses which accounts for 23% of MSMEs, accounts for 32% of the MSME finance gap. Furthermore, recent strategic initiatives from leading market players would influence the growth of Global Microfinance Market. For instance, in March 2021, The Microfinance Centre (MFC) and New York, USA based Mastercard Center for Inclusive Growth partnered to jointly rollout a new international support programme for small businesses and microfinance institutions in Europe and Central Asia. Under this partnership both the organizations would provide support to 90+ microfinance institutions (MFIs) and 300,000 small businesses across Europe and Central Asia. Moreover, in April 2022, New York, USA based nonprofit microfinance organization Grameen America, received a USD 5 million capital loan from Texas, USA Based private banking company Woodforest National Bank. This loan would be further reinvested as microloans through Grameen America's group-lending model to approximately 8,300 emerging businesswomen in financially underserved U.S. communities. Also, growing emergence of digital lending platforms and increasing number of favorable initiatives from government authorities are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high interest rate as well as short repayment period coupled with rising concern over increasing number of loan defaults impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Microfinance Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of collaboration activities from leading financial institutions and increasing penetration of digital lending platforms in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the increasing number of micro and small sized enterprises and favorable government initiatives towards credit facilities for SMEs, would create lucrative growth prospects for the global Microfinance Market across the Asia Pacific region.

Major market players included in this report are:

Annapurna Finance (P) Ltd

Bank Rakyat Indonesia (BRI)

Bandhan Bank

CDC Small Business Finance

Cashpor Micro Credit

Grameen America

Grameen Bank

Kiva

Madura Microfinance Ltd.,

Pacific Community Ventures Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Provider

Banks

Micro Finance Institute (MFI)

NBFC (Non-Banking Financial Institutions)

Others

By End User

Small Enterprises

Micro Enterprises

Solo Entrepreneurs or Self-Employed

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Microfinance Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Microfinance Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Microfinance Market, by Provider, 2020-2028 (USD Million)
- 1.2.3. Microfinance Market, by End User, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Microfinance Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Microfinance Market Dynamics

3.1. Microfinance Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing penetration of microfinance organization
  - 3.1.1.2. Growing MSME finance gap in developing countries.
  - 3.1.1.3. Recent strategic initiatives from leading market players.
- 3.1.2. Market Challenges
  - 3.1.2.1. High interest rate as well as short repayment period.
  - 3.1.2.2. Rising concern over increasing number of loan defaults.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing emergence of digital lending platforms.
  - 3.1.3.2. Increasing number of favourable initiatives from government authorities.

Chapter 4. Global Microfinance Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Microfinance Market, by Provider

6.1. Market Snapshot
6.2. Global Microfinance Market by Provider, Performance - Potential Analysis
6.3. Global Microfinance Market Estimates & Forecasts by Provider 2018-2028 (USD Million)
6.4. Microfinance Market, Sub Segment Analysis
- 6.4.1. Banks
- 6.4.2. Micro Finance Institute (MFI)
- 6.4.3. NBFC (Non-Banking Financial Institutions)
- 6.4.4. Others

Chapter 7. Global Microfinance Market, by End User

7.1. Market Snapshot
7.2. Global Microfinance Market by End User, Performance - Potential Analysis
7.3. Global Microfinance Market Estimates & Forecasts by End User 2018-2028 (USD Million)
7.4. Microfinance Market, Sub Segment Analysis
- 7.4.1. Small Enterprises
- 7.4.2. Micro Enterprises
- 7.4.3. Solo Entrepreneurs or Self-Employed

Chapter 8. Global Microfinance Market, Regional Analysis

8.1. Microfinance Market, Regional Market Snapshot
8.2. North America Microfinance Market
- 8.2.1. U.S. Microfinance Market
  - 8.2.1.1. Provider estimates & forecasts, 2018-2028
  - 8.2.1.2. End User estimates & forecasts, 2018-2028
- 8.2.2. Canada Microfinance Market
8.3. Europe Microfinance Market Snapshot
- 8.3.1. U.K. Microfinance Market
- 8.3.2. Germany Microfinance Market
- 8.3.3. France Microfinance Market
- 8.3.4. Spain Microfinance Market
- 8.3.5. Italy Microfinance Market
- 8.3.6. Rest of Europe Microfinance Market
8.4. Asia-Pacific Microfinance Market Snapshot
- 8.4.1. China Microfinance Market
- 8.4.2. India Microfinance Market
- 8.4.3. Japan Microfinance Market
- 8.4.4. Australia Microfinance Market
- 8.4.5. South Korea Microfinance Market
- 8.4.6. Rest of Asia Pacific Microfinance Market
8.5. Latin America Microfinance Market Snapshot
- 8.5.1. Brazil Microfinance Market
- 8.5.2. Mexico Microfinance Market
8.6. Rest of The World Microfinance Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Annapurna Finance (P) Ltd.
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Bank Rakyat Indonesia (BRI)
- 9.2.3. Bandhan Bank
- 9.2.4. CDC Small Business Finance
- 9.2.5. Cashpor Micro Credit
- 9.2.6. Grameen America
- 9.2.7. Grameen Bank
- 9.2.8. Kiva
- 9.2.9. Madura Microfinance Ltd.,
- 9.2.10. Pacific Community Ventures Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Microfinance Market, report scope
TABLE 2. Global Microfinance Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Microfinance Market estimates & forecasts by Provider 2018-2028 (USD Million)
TABLE 4. Global Microfinance Market estimates & forecasts by End User 2018-2028 (USD Million)
TABLE 5. Global Microfinance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 6. Global Microfinance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Microfinance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Microfinance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Microfinance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Microfinance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Microfinance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Microfinance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Microfinance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Microfinance Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. U.S. Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 17. U.S. Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. Canada Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 19. Canada Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. UK Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 22. UK Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. Germany Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 25. Germany Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. RoE Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 28. RoE Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. China Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 31. China Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. India Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 34. India Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. Japan Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 37. Japan Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. RoAPAC Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 40. RoAPAC Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. Brazil Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 43. Brazil Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Mexico Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 46. Mexico Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. RoLA Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 49. RoLA Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. Row Microfinance Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 52. Row Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row Microfinance Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. List of secondary sources, used in the study of global Microfinance Market
TABLE 55. List of primary sources, used in the study of global Microfinance Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Microfinance Market, research methodology
FIG 2. Global Microfinance Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Microfinance Market, key trends 2021
FIG 5. Global Microfinance Market, growth prospects 2022-2028
FIG 6. Global Microfinance Market, porters 5 force model
FIG 7. Global Microfinance Market, pest analysis
FIG 8. Global Microfinance Market, value chain analysis
FIG 9. Global Microfinance Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Microfinance Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Microfinance Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Microfinance Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Microfinance Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Microfinance Market, regional snapshot 2018 & 2028
FIG 15. North America Microfinance Market 2018 & 2028 (USD Million)
FIG 16. Europe Microfinance Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Microfinance Market 2018 & 2028 (USD Million)
FIG 19. Global Microfinance Market, company Market share analysis (2021)