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Microfinance Market Size, Insights, Key Players, Business Opportunities, Covid-19 Impact And Emerging Trends By 2028

  • Code : SMI42539
  • Pages : 117
  • Date : Sep, 2021
  • Category : Services
  • Publisher : SMI
  • Format : SMI PPT FormatSMI PDF Format



 

The latest update of “Global Microfinance Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Microfinance Market.

Overview of the Microfinance Market:

Microfinance is a category of financial services that focus on small businesses and individuals who don't have access to conventional banking. The concept is simple: providing small-scale loans to people who can't otherwise afford them. The main beneficiaries are those who need small amounts of money to start a business or grow an existing one. In addition, many people in low-income countries do not have access to other financial services, including credit.

The history of microfinance is long and varied, but the importance of financial services to the poor remains the same. It is the history of this industry that helps us understand the evolution of the field. Today's microfinance institutions are rooted in a growing awareness of the diversity of needs in financial services and a desire to provide better service to a wider range of people. The industry is evolving and changing rapidly, but some things have remained the same.

Market Dynamics:

Increasing funding for microfinance is expected to propel growth of the global microfinance market over the forecast period. For instance, in December 2021, Accompany Capital received a grant of US$ 175,000 from the Empire State Development Corporation to expand the company’s services to women-owned businesses in New York City.

Moreover, launch of new products and services is also expected to aid in growth of the market. For instance, in November 2021, DreamSpring launched TrueGrit Growth Loan, which is designed specifically to help entrepreneurs from underserved populations manage the longer-term economic effects of COVID-19.

Major players operating in the global microfinance market are focused on adopting merger and acquisition strategies to enhance their market share. For instance, in March 2021, Capital Impact Partners merged with CDC Small Business Finance to launch a new enterprise.

Key Takeaways:

  • Increasing funding for microfinance is expected to propel growth of the global microfinance market over the forecast period. For instance, in November 2021, Pintek, an education fintech platform, raised US$ 7 million in Series A round to expand its services to unbanked/underbanked MSMEs in Indonesia.
  • Major players operating in the global microfinance market are focused on adopting partnership strategies to enhance their market share. For instance, in December 2019, Credicorp Ltd. acquired 77.46% of the capital stock of Banco Compartir S.A., through its subsidiary Credicorp Holding Colombia S.A.S.
  • Major players operating in the global microfinance market include, Accompany Capital, Accion, BRAC USA, CDC Small Business Finance Corp., DreamSpring, FINCA, Grameen America Inc., ICICI Bank, Justine PETERSEN, Kiva Microfunds, LiftFund, Main Street Launch, Opportunity Fund, Pacific Community Ventures, and Standard Chartered

Market Estimation:

The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.

COVID-19 Impact:

The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Microfinance Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.

Market Competition Assessment:

The Microfinance Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are

  • ResponsAbility Investments AG
  • GFSPL
  • Share Microfin
  • Asmitha Microfin
  • Bhartiya Samruddhi Finance Limited(BSFL)
  • Utkarsh Micro Finance
  • Bharat Financial Inclusion
  • Spandana Sphoorty Financial
  • Ujjivan
  • Shri Kshetra Dharmasthala
  • ICICI Bank
  • Standard Chartered
  • GVMFL
  • Albaraka
  • Compartamos Banco
  • Banco do Brasil
  • Fundacion WWB Colombia
  • Access Bank
  • Bandhan Financial Services

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Microfinance Market report on the basis of Types, Applications, and Regions.

By Product Type, the market is primarily segmented into:

  • Banks
  • Non-Banks

By Applications, the market is segmented into:

  • Agriculture
  • Manufacturing/Production
  • Trade & Services
  • Household Finance
  • Others

The report covers the following Regions:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Africa
  • Middle East

Primary Research Insights:

The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.

The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:

  1. What can be the best investment choices for venturing into new product and service lines?
  2. Which regions might see the demand maturing in certain segments in near future?
  3. Which government regulations might challenge the status of key regional markets?
  4. What are some of the value-grab opportunities in various segments?
  5. What will be the barrier to entry for new players in the market?

Why You Should Buy This Report:

  • The report provides an all-inclusive environment of the analysis for the market
  • In-depth secondary research and primary interviews
  • Impact of various social, political, and economic factors
  • Porter’s Five Forces Analysis
  • Competitive Landscape

Available Customizations:

Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Table of Content

 

1 Report Overview

 

1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Microfinance Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Microfinance Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Microfinance Market
1.6.1 How the Covid-19 is Affecting the Microfinance Market
1.6.1.1 Microfinance Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Microfinance Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

 

2 Global Growth Trends by Regions

 

2.1 Microfinance Market Perspective (2015-2028)
2.2 Microfinance Market Growth Trends by Regions
2.2.1 Microfinance Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Microfinance Market Historic Market Share by Regions (2015-2021)
2.2.3 Microfinance Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Microfinance Market Growth Strategy
2.3.6 Primary Interviews with Key Microfinance Market Players (Opinion Leaders)

 

3 Competition Landscape by Key Players

 

3.1 Global Top Microfinance Market Players by Market Size
3.1.1 Global Top Microfinance Market Players by Revenue (2015-2021)
3.1.2 Global Microfinance Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Microfinance Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Microfinance Market Concentration Ratio
3.2.1 Global Microfinance Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Microfinance Market Revenue in 2019
3.3 Microfinance Market Key Players Head office and Area Served
3.4 Key Players Microfinance Market Product Solution and Service
3.5 Date of entering into Microfinance Market
3.6 Mergers & Acquisitions, Expansion Plans

 

4 Breakdown Data by Type (2015-2028)

 

4.1 Global Microfinance Market Historic Market Size by Type (2015-2021)
4.2 Global Microfinance Market Forecasted Market Size by Type (2021-2028)

 

5 Microfinance Market Breakdown Data by Application (2015-2028)

 

5.1 Global Microfinance Market Size by Application (2015-2021)
5.2 Global Microfinance Market Forecasted Market Size by Application (2021-2028)

 

6 North America

 

6.1 North America Microfinance Market Size (2015-2021)
6.2 Microfinance Market Key Players in North America (2019-2021)
6.3 North America Microfinance Market Size by Type (2015-2021)
6.4 North America Microfinance Market Size by Application (2015-2021)

 

7 Europe

 

7.1 Europe Microfinance Market Size (2015-2021)
7.2 Microfinance Market Key Players in Europe (2019-2021)
7.3 Europe Microfinance Market Size by Type (2015-2021)
7.4 Europe Microfinance Market Size by Application (2015-2021)

 

8 China

 

8.1 China Microfinance Market Size (2015-2021)
8.2 Microfinance Market Key Players in China (2019-2021)
8.3 China Microfinance Market Size by Type (2015-2021)
8.4 China Microfinance Market Size by Application (2015-2021)

 

9 Japan

 

9.1 Japan Microfinance Market Size (2015-2021)
9.2 Microfinance Market Key Players in Japan (2019-2021)
9.3 Japan Microfinance Market Size by Type (2015-2021)
9.4 Japan Microfinance Market Size by Application (2015-2021)

 

10 Southeast Asia

 

10.1 Southeast Asia Microfinance Market Size (2015-2021)
10.2 Microfinance Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Microfinance Market Size by Type (2015-2021)
10.4 Southeast Asia Microfinance Market Size by Application (2015-2021)

 

11 India

 

11.1 India Microfinance Market Size (2015-2021)
11.2 Microfinance Market Key Players in India (2019-2021)
11.3 India Microfinance Market Size by Type (2015-2021)
11.4 India Microfinance Market Size by Application (2015-2021)

 

12 Central & South America

 

12.1 Central & South America Microfinance Market Size (2015-2021)
12.2 Microfinance Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Microfinance Market Size by Type (2015-2021)
12.4 Central & South America Microfinance Market Size by Application (2015-2021)

 

13 Key Players Profiles

 

13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Microfinance Market Introduction
13.4 Microfinance Market Business (2015-2021)
13.5 Recent Development

 

14 Analyst's Viewpoints/Conclusions

 

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details

 

List of Table

 

Table 1. Microfinance Market Key Market Segments
Table 2. Key Players Covered: Ranking by Microfinance Market Revenue
Table 3. Ranking of Global Top Microfinance Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Microfinance Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Microfinance Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Microfinance Market Players to Combat Covid-19 Impact
Table 10. Global Microfinance Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Microfinance Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Microfinance Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Microfinance Market Share by Regions (2015-2021)
Table 14. Global Microfinance Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Microfinance Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Microfinance Market Growth Strategy
Table 20. Main Points Interviewed from Key Microfinance Market Players
Table 21. Global Microfinance Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Microfinance Market Share by Players (2015-2021)
Table 23. Global Top Microfinance Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Microfinance Market as of 2019)
Table 24. Global Microfinance Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Microfinance Market Product Solution and Service
Table 27. Date of entering into Microfinance Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Microfinance Market Size by Type (2015-2021) (Million US$)
Table 30. Global Microfinance Market Size Share by Type (2015-2021)
Table 31. Global Microfinance Market Revenue Market Share by Type (2021-2028)
Table 31. Global Microfinance Market Size Share by Application (2015-2021)
Table 33. Global Microfinance Market Size by Application (2015-2021) (Million US$)
Table 34. Global Microfinance Market Size Share by Application (2021-2028)
Table 35. North America Key Players Microfinance Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Microfinance Market Share (2019-2021)
Table 37. North America Microfinance Market Size by Type (2015-2021) (Million US$)
Table 38. North America Microfinance Market Share by Type (2015-2021)
Table 39. North America Microfinance Market Size by Application (2015-2021) (Million US$)
Table 40. North America Microfinance Market Share by Application (2015-2021)
Table 41. Europe Key Players Microfinance Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Microfinance Market Share (2019-2021)
Table 43. Europe Microfinance Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Microfinance Market Share by Type (2015-2021)
Table 45. Europe Microfinance Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Microfinance Market Share by Application (2015-2021)
Table 47. China Key Players Microfinance Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Microfinance Market Share (2019-2021)
Table 49. China Microfinance Market Size by Type (2015-2021) (Million US$)
Table 50. China Microfinance Market Share by Type (2015-2021)
Table 51. China Microfinance Market Size by Application (2015-2021) (Million US$)
Table 52. China Microfinance Market Share by Application (2015-2021)
Table 53. Japan Key Players Microfinance Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Microfinance Market Share (2019-2021)
Table 55. Japan Microfinance Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Microfinance Market Share by Type (2015-2021)
Table 57. Japan Microfinance Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Microfinance Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Microfinance Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Microfinance Market Share (2019-2021)
Table 61. Southeast Asia Microfinance Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Microfinance Market Share by Type (2015-2021)
Table 63. Southeast Asia Microfinance Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Microfinance Market Share by Application (2015-2021)
Table 65. India Key Players Microfinance Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Microfinance Market Share (2019-2021)
Table 67. India Microfinance Market Size by Type (2015-2021) (Million US$)
Table 68. India Microfinance Market Share by Type (2015-2021)
Table 69. India Microfinance Market Size by Application (2015-2021) (Million US$)
Table 70. India Microfinance Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Microfinance Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Microfinance Market Share (2019-2021)
Table 73. Central & South America Microfinance Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Microfinance Market Share by Type (2015-2021)
Table 75. Central & South America Microfinance Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Microfinance Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Microfinance Market Business (2015-2021) (Million US$)
Table 81. Recent Development

 

List of Figures

 

Figure 1. Global Microfinance Market Share by Type: 2021 VS 2028
Figure 2. Global Microfinance Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Microfinance Market Report Years Considered
Figure 8. Global Microfinance Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Microfinance Market Share by Regions: 2021 VS 2028
Figure 10. Global Microfinance Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Microfinance Market Share by Players in 2019
Figure 13. Global Top Microfinance Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Microfinance Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Microfinance Market Revenue in 2019
Figure 15. North America Microfinance Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Microfinance Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Microfinance Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Microfinance Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Microfinance Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Microfinance Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Microfinance Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed

 



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Custom research is crucial components of the business strategy which helps any organization to gain insight into specific business sector, aligned with specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

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