Microfinance Market Size, Share & Industry Analysis, By Providers (Banks, Microfinance Institutions (MFIs), Non-Banking Financial Company (NBFC), and Others), By Service Type (Micro-credit, Micro-savings, Micro-insurance, and Others), By End User (Individuals, Small Enterprises, and Micro Enterprises), and Regional Forecast, 2025 – 2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 10.8% from 2025 to 2032

Unit

Value (USD Billion)

Segmentation

By Providers

• Banks
• Microfinance Institutions (MFIs)
• Non-Banking Financial Company (NBFC)
• Others (Small Finance Banks)

By Service Type

• Micro-credit
• Micro-savings
• Micro-insurance
• Others (Remittance Services, Leasing, etc.)

By End User

• Individuals
• Small Enterprises
• Micro Enterprises

By Region

• North America (By Providers, By Service Type, By End User, and By Country)
  • U.S.
  • Canada
• Europe (By Providers, By Service Type, By End User, and By Country)
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific (By Providers, By Service Type, By End User, and By Country)
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• Latin America (By Providers, By Service Type, By End User, and By Country)
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East and Africa (By Providers, By Service Type, By End User, and By Country)
  • GCC
  • South Africa
  • Rest of Middle East & Africa

Companies Profiled in the Report

BRAC (Bangladesh), Bank Rakyat Indonesia (BRI) (Indonesia), CreditAccess Grameen Limited (India), Annapurna Finance Private Limited (India), Grameen America Inc. (U.S.), Bandhan Bank Limited (India), Bharat Financial Inclusion Limited (India), MIBANCO - BANCO DE LA MICROEMPRESA S.A. (Peru), Micro Bank (Spain), Banco do Nordeste do Brasil S.A.(Brazil), etc.