2 results found | searching for "Microfinance"

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  • Peter2911
  • India Microfinance Market to Reach USD 15.8 Billion by 2033, at 10.08% CAGR The India microfinance market reached USD 6.7 Billion in 2024 and is projected to reach USD 15.8 Billion by 2033, growing at a CAGR of 10.08% during 2025–2033. Request a Sample Report: https://www.imarcgroup.com/india-microfinance-market/requestsample Key drivers include financial inclusion initiatives, rising rural lending, and supportive government policies. Read Also: https://www.imarcgroup.com/india-microfinance-market #IndiaMarket #Microfinance #FinancialInclusion #BankingIndustry #RuralEconomy
    by Peter2911,  India 
    0 reply
  • yuvrajmodak
  • Global Micro Lending Market size is at a CAGR of 11.00% The Global Micro Lending Market size is expected to be worth around USD 588 Billion By 2034, from USD 207.1 Billion in 2024, growing at a CAGR of 11.00% during the forecast period from 2025 to 2034. In 2024, Asia-Pacific led the global micro-lending market with over 45% share and USD 93.1 billion in revenue. China alone contributed USD 30.5 billion, growing at a CAGR of 8.2%, fueled by demand from small businesses and individuals. Read more - https://market.us/report/micro-lending-market/ The Micro Lending Market refers to a specialized segment of financial services where small loans, typically provided without collateral, are offered to individuals or small businesses that lack access to traditional banking services. This market plays a crucial role in promoting financial inclusion, particularly in underserved regions. It is often driven by microfinance institutions, fintech companies, and non-banking financial corporations that focus on empowering low-income populations, entrepreneurs, and women-owned businesses. As of now, the market is experiencing strong upward momentum, thanks to growing awareness about the importance of inclusive finance and the rise of digital platforms. One of the top driving factors behind the growth of the micro lending market is the rising demand for accessible credit options in developing regions. Many individuals still operate outside the formal financial system, and micro lending offers them a lifeline. Additionally, the increasing penetration of mobile phones and internet connectivity has made it easier for lenders to reach remote borrowers, further propelling market expansion.
    by yuvrajmodak,  United States 
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