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Global Micro Lending Market Size study & Forecast, by Product (Banks, Micro Finance Institutes (MFIs)), by End-user (Solo Entrepreneurs & Individuals, Micro, Small & Medium Enterprises) and Regional Analysis, 2022-2029

February 2023 | 200 pages | ID: GC53A5BABF44EN
Bizwit Research & Consulting LLP

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Global Micro Lending Market is valued at approximately USD 29.39 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.4% over the forecast period 2022-2029. Microlending is a type of financial service that connects lenders and borrowers to grant small loans starting to help them manage their businesses financially. It plays a significant role for individuals in underdeveloped countries by offering them different means of employment and supporting low-income families to come out of the below-poverty-average group. The market demand is driven by the factors such as the growing adoption of micro lending in emerging countries to improve lifestyle, coupled with the rising inclination from traditional lending to micro lending. According to the Microfinance Barometer 2019 report, it was estimated that approximately 140 million borrowers are micro-financed by microfinance institutions globally with a valuation of USD 124 billion in the total loan portfolio.

The increasing number of government policies and programs for micro funding is acting as catalyzing factor for market development. For instance, Halcyon launch a microloan program in October 2021 that is created to support social entrepreneurs who search for infusing their capital into impact-driven business ventures. Halcyon Microloan Fund was collected through the help of the Kimsey Foundation, which targets on offering loans totaling USD 100,000 to Halcyon ventures in the Washington region that want an alternative to traditional funding vehicles for early-stage businesses. Therefore, these factors are propelling the growth of the market at a significant rate. Moreover, rising investment in the development of advanced technology, as well as the growing awareness about micro lending are presenting various lucrative opportunities over the forecasting years. However, the high-interest rates on small amounts and shorter repayment time provided by micro lenders, and the lack of set standards for interest are challenging the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Micro Lending Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increasing number of start-ups, along with the rising government initiatives and implementation of several policies. Latin America is also expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing presence of micro-lending platform providers and the rising adoption of advanced technology in the market space.

Major market players included in this report are:
Funding Circle
American Express
OnDeck
Accion Microfinance Bank Limited
Biz2Credit Inc
Fundbox
LendingClub Bank
Lendio
Zopa Bank Limited
LiftFund

Recent Developments in the Market:
In August 2022, Telkom Business- a subsidiary of Telkom announced the introduction of Telkom Lend, which aims at enabling small businesses to apply online for funding and get a reply within 24 hours.
In November 2020, NerdWallet declared the acquisition of Fundera Inc., which aims on assisting NerdWallet in order to strengthen into the small and medium-business market with both actual and content financing.

Global Micro Lending Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, End-user, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Banks
Micro Finance Institutes (MFIs)

By End-user:
Solo Entrepreneurs & Individuals
Micro, Small & Medium Enterprises

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Micro Lending Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Micro Lending Market, by Product, 2019-2029 (USD Billion)
  1.2.3. Micro Lending Market, by End-user, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL MICRO LENDING MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL MICRO LENDING MARKET DYNAMICS

3.1. Micro Lending Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising inclination from traditional lending to micro lending
    3.1.1.2. Increasing government policies and programs for micro funding
  3.1.2. Market Challenges
    3.1.2.1. High-interest rates on small amounts and shorter repayment time provided by micro lenders
    3.1.2.2. Lack of set standards for interest
  3.1.3. Market Opportunities
    3.1.3.1. Rising investment in the development of advanced technology
    3.1.3.2. Growing awareness about micro lending

CHAPTER 4. GLOBAL MICRO LENDING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL MICRO LENDING MARKET, BY PRODUCT

6.1. Market Snapshot
6.2. Global Micro Lending Market by Product, Performance - Potential Analysis
6.3. Global Micro Lending Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Micro Lending Market, Sub Segment Analysis
  6.4.1. Banks
  6.4.2. Micro Finance Institutes (MFIs)

CHAPTER 7. GLOBAL MICRO LENDING MARKET, BY END-USER

7.1. Market Snapshot
7.2. Global Micro Lending Market by End-user, Performance - Potential Analysis
7.3. Global Micro Lending Market Estimates & Forecasts by End-user 2019-2029 (USD Billion)
7.4. Micro Lending Market, Sub Segment Analysis
  7.4.1. Solo Entrepreneurs & Individuals
  7.4.2. Micro, Small & Medium Enterprises

CHAPTER 8. GLOBAL MICRO LENDING MARKET, REGIONAL ANALYSIS

8.1. Micro Lending Market, Regional Market Snapshot
8.2. North America Micro Lending Market
  8.2.1. U.S. Micro Lending Market
    8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
    8.2.1.2. End-user breakdown estimates & forecasts, 2019-2029
  8.2.2. Canada Micro Lending Market
8.3. Europe Micro Lending Market Snapshot
  8.3.1. U.K. Micro Lending Market
  8.3.2. Germany Micro Lending Market
  8.3.3. France Micro Lending Market
  8.3.4. Spain Micro Lending Market
  8.3.5. Italy Micro Lending Market
  8.3.6. Rest of Europe Micro Lending Market
8.4. Asia-Pacific Micro Lending Market Snapshot
  8.4.1. China Micro Lending Market
  8.4.2. India Micro Lending Market
  8.4.3. Japan Micro Lending Market
  8.4.4. Australia Micro Lending Market
  8.4.5. South Korea Micro Lending Market
  8.4.6. Rest of Asia Pacific Micro Lending Market
8.5. Latin America Micro Lending Market Snapshot
  8.5.1. Brazil Micro Lending Market
  8.5.2. Mexico Micro Lending Market
  8.5.3. Rest of Latin America Micro Lending Market
8.6. Rest of The World Micro Lending Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Funding Circle
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. American Express
  9.2.3. OnDeck
  9.2.4. Accion Microfinance Bank Limited
  9.2.5. Biz2Credit Inc
  9.2.6. Fundbox
  9.2.7. LendingClub Bank
  9.2.8. Lendio
  9.2.9. Zopa Bank Limited
  9.2.10. LiftFund

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption


LIST OF TABLES

TABLE 1. Global Micro Lending Market, report scope
TABLE 2. Global Micro Lending Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Micro Lending Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 4. Global Micro Lending Market estimates & forecasts by End-user 2019-2029 (USD Billion)
TABLE 5. Global Micro Lending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Micro Lending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Micro Lending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Micro Lending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Micro Lending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Micro Lending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Micro Lending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Micro Lending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Micro Lending Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Micro Lending Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Micro Lending Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Micro Lending Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Micro Lending Market
TABLE 70. List of primary sources, used in the study of global Micro Lending Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Micro Lending Market, research methodology
FIG 2. Global Micro Lending Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Micro Lending Market, key trends 2021
FIG 5. Global Micro Lending Market, growth prospects 2022-2029
FIG 6. Global Micro Lending Market, porters 5 force model
FIG 7. Global Micro Lending Market, pest analysis
FIG 8. Global Micro Lending Market, value chain analysis
FIG 9. Global Micro Lending Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Micro Lending Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Micro Lending Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Micro Lending Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Micro Lending Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Micro Lending Market, regional snapshot 2019 & 2029
FIG 15. North America Micro Lending Market 2019 & 2029 (USD Billion)
FIG 16. Europe Micro Lending Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Micro Lending Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Micro Lending Market 2019 & 2029 (USD Billion)
FIG 19. Global Micro Lending Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable












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