Global Microfinance Market to Grow at a CAGR of 15.56% During Forecast 2016-2020
ResearchMoz added Latest Research Report titled " Global Microfinance Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWire) -- 07/06/2016 --Microfinancing is a type of banking service that is provided to low-income individuals or the unemployed or groups of people that do not have any means to obtain any financial services. The goal of microfinance companies is to provide an opportunity for low-income borrowers to become self-sufficient through saving and borrowing money and providing microinsurance. Microfinance institutions charge interests on loans for their lenders like conventional banking operations. However, these interest rates are lower than those offered by normal banks. Microenterprises are considered as the engine of economic growth for a nation to promote equitable growth and development.
The global microfinance market to grow at a CAGR of 15.56% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global microfinance market for 2016-2020. To calculate the market size, the report considers the the total financing of the micro enterprises in the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).
The market is divided into the following segments based on geography:
Browse Market info, get a Sample PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=745944
Technavio's report, Global Microfinance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- ASA International
- Banco do Nordeste
- Bandhan Financial Services
- Fundacin de la Mujer
Other prominent vendors
- Access Bank
- Amhara Credit and Savings Institution
- Al Amana Microfinance
- Compartamos Banco
- Fundacin WWB Colombia
- Difficulty in credit assessment of microenterprises
- For a full, detailed list, view our report
Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=745944
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Albany NY - 12207
Tel: 866-997-4948 (Us-Canada Toll Free)
Follow us on LinkedIn at: http://bit.ly/1TBmnVG
Media Relations Contact
Researchmoz Global Pvt. Ltd.
View this press release online at: http://rwire.com/704399