and perception of the microfinance market by society. Unfortunately, it is now launch airdrop largely negative, including due to the size of the interest rate on microloans. It is perceived as excessively high and in some cases leading to difficulties in fulfilling the debt.
— In the eyes of society, the image of MFIs has always been negative, despite any regulation. Is there any point in working on this image at all, and who should do this?
— The microfinance market is just another
lending tool, there is no need to demonize it. Especially since MFIs are often blamed for the sins of illegal lenders, to which MFIs have nothing to do. Where has the MFI market proven itself well? For example, in issuing loans to small and medium businesses at very low interest rates from 4% due to state subsidy programs. Such loans now account for more than 20% of the total volume. This is a niche that needs to be developed. The general public is unlikely to know about this.
When you talk about image, it’s about how the market
is perceived as a whole. And we’re talking about the lending tool and its benefits for the economy. In 2020, against the backdrop of the pandemic, the market barely grew, the volume of loans steve’s take: navigating tariffs for shopify brands issued remained at the 2019 level. And this is even good, because a decline was expected. At the same time, in 2020, the portfolio ao lists of loans to small and medium-sized businesses alone grew by 50%, to 52 billion rubles. MFIs continued to issue them: for small and medium-sized businesses, this was a big help.