The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024.

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, ...

The number of borrowers taking loans from three or more lenders was 11 million, or 13% of the total microfinance borrower ...

The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates ...

The loans disbursed in Q2 declined by 13.3 per cent as they fell to Rs 137.4 lakh from Rs 163.9 lakh in Q1.

The microfinance sector has been grappling with persistent challenges over the past several months, resulting in a notable ...

Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...

Expectations: In order to augment credit supply into the microfinance sector and ensure steady growth, members have asked for ...

It is no surprise that some rural populations in Kenya, particularly small-scale farmers and informal traders lack avenues ...

The year-on-year delinquency rates on microfinance loans, where instalments are overdue by 30 to 180 days, jumped to 4.

Basil Rahmi, CEO of MSMEDA, highlighted that the agency aims to double this funding in 2025, with a stronger focus on supporting productive projects across Egypt ...

The discussions centered on strengthening the MFI sector to expand financial inclusion and enhance support for low-income ...