Demand for microcredit grew by 50% last year but failed to reach pre-war levels. Last year, Ukrainians signed more than 8.2 million microcredit contracts for a total amount of ₴40.62B, Opendatabot reports. “However, it is too early to claim that Ukrainians have become impove... #financeUkraine #MicroCrediting #Microloan
Ukrainians have taken ₴29B worth in microloans and accumulated debt. In nine months of the current year, Ukrainians were issued six million microloans (MFI) worth ₴29.1B. This is more than in 2022 but 40% less than in the corresponding period in 2021, when citizens too... #financeUkraine #MicroCrediting #Microloan
Ukraine is restoring the Micro-crediting market. Statistics from the national bank show that in the first three months of 2023, Ukrainian debt to microfinance organizations increased to UAH 8.7B. Compared with the last quarter of 2022, the amount an... #BankLoans #MicroCrediting #Microloan
Ukrainians have borrowed 12 times less money since the war. Loan amounts provided by microfinance organizations fell to UAH 1.3B in the second quarter of the current year, compared to UAH 16.2B before the war. This is more than 12 times less than the average a... #Microloan #MicroloanDebt
