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 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.
Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...
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.
DRL also faces headwinds because of increasing competitive intensity in the generic market and exchange rate volatility.
Finance Ministry to meet with MFI players on Wednesday amid rising bad loans and delinquencies in the sector. The meeting ...
The Saudi Central Bank (SAMA) has issued a licence to “SEULAH ALAWLA”, allowing it to provide consumer microfinance solutions ...
On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of ...
Microfinance institutions are calling for government support and a dedicated funding mechanism to address growing challenges, including regulatory issues and rising delinquencies. A meeting chaired by ...
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 ...