Russians began a thicket to take microloans


The largest microloan portfolio of MFOs for 2015 has increased by almost 25%. Such data has received the rating Agency RAEX in the course of questioning more than 20 companies, which account for 20 billion rubles of credits. The three leaders became the company “Home money” (an increase of 24% or 6.6 billion rubles), GK Money immediately (50% or 2.2 billion rubles.) and “Migkredit” (23%, or 2 billion rubles).

Basically, the growth of MFI loans secured loans individuals, says a leading analyst on Bank ratings RAEX Igor Alekseev. “On the MFI credit growth in 2015 affected by the decline in real incomes that has become the obstacle to obtaining Bank credit. The need in borrowed funds remain,” explains Alekseev.

However, while the volume of loans to MFIs is insignificant compared to Bank. “The portfolio of MFIs is estimated at 62.5 billion rubles, and the Bank is 10.4 trillion rubles In the end, Bank loans exceeds the borrowing MFI 160 times,” leads data Alekseev.

The market banks and MFIs in lending now intersects not more than 25%, says chief Executive officer of the company “House money” Andrei Bakhvalov. Not everyone who refused in the Bank want to take credit from MFIs due to high interest rates and small amount that can give a micro-Finance company, he said. According to the Director of business development “Migkredit” Dinara Yunusova, about 15% of the customers of their company could get a Bank loan if turned back. However, microfinance clients are drawn to the simplicity and speed of getting money, she says.

In the company “Finotdel”, which only lends to legal entities, saying that one of the drivers of credit growth — small businesses that participate in such contracts. “In 2015, the share of such cases in the total number of applications amounted to 9%,” says chief Executive officer of the company “Finotdel” Andrey Kuznetsov.

MFIs also try to work in towns and villages with a low level of penetration of banking services. “We are actively expanding the geography of its activity in 2015, the company’s priority remains the development in the cities where banking services are unavailable,” — emphasizes Bakhvalov from “house money”.

According to the research company “Home money”, the most typical MFI borrower is a woman 39 years old, have no family relations with secondary education. It works in the service sector and receives an average of 30 thousand rubles. Usually an average loan of $ 22.5 thousand.

In 2016 when the current economic situation should not expect explosive growth in this segment of the financial market, I believe in RAEX. MFI this year will focus on the debt and try to prevent its growth in their portfolios, according to the forecast of the Agency.