Microfinance Market 2028 By Size, Share, Trends, Growth, Companies Forecast
The global microfinance market continues to grow, offering financial services to underserved populations, fostering economic empowerment, and supporting sustainable development in emerging economies. Innovation and digitalization drive its expansion. According to TechSci Research report, “ Global Microfinance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Microfinance Market stood at USD 178.4 billion in 2022 and is anticipated to grow with a CAGR of 12.05% in the forecast period, 2024-2028. The Global Microfinance Market is driven by a commitment to financial inclusion, technological innovation, government support, private sector investment, and a focus on social and environmental impact. The industry trends toward digital transformation, inclusive finance, impact investing, regulatory frameworks, big data analytics, and sustainable finance. However, it faces challenges such as over indebtedness, interest rate sustainability, r...