MFO market slightly cools down in 2025 Q1
The microfinance market showed signs of a decline in lending. The rise in interest rates and the effect of macroprudential limits contributed to the balanced growth of companies’ portfolios.
In 2025 Q1, the amount of loans issued by microfinance organisations (MFOs) edged down to ₽497 billion. Overall outstanding loans went up by 10% to ₽688 billion. The portion of loans overdue for more than 90 days continued to decrease, with the share of those overdue for less than three months rising.
MFOs’ profit fell to ₽13 billion. To remain profitable, companies were increasing incomes from non-core activities, with clients complaining about coercive tied selling by MFOs less frequently.
More details are available in the Review of Key Indicators of Microfinance Organisations for 2025 Q1.