In January-February 2024, the share of self-employed people among clients of microfinance institutions reached 14%, the highest level in the last three years. This is stated in a study by the online financial platform Webbankir (available from socialbites.ca).
The share of self-employed people applying for microcredit at the beginning of last year was 12.5%, in 2022 it was 11.5% and in 2021 it was 9%.
At the same time, the share of employees who are the main debtors of microfinance institutions decreased from 72.7% to 65.5% in three years. Last year, this rate decreased by 2.5 points.
“The increase in the share of self-employed people among MFO loan recipients is primarily due to the increase in the number of self-employed people. According to the Federal Tax Service, by the end of 2023 there were 9 million such people in Russia, and their total earnings exceeded 2.9 trillion rubles. That is, these are economically active citizens who often need money to develop their business or cover the cash gap between orders,” Webbankir analysts said.
The average microloan amount of self-employed people when they first apply to the MFO is 5.5 thousand rubles. This is less than the overall customer base. For example, the average loan amount for retirees and military personnel is estimated at 6.1 thousand rubles, for employees – 6.6 thousand rubles, and most importantly – for individual entrepreneurs – 7.3 thousand rubles.
They are distinguished by the same financial discipline as self-employed, employees and military personnel and are superior to other categories of debtors. As a rule, in 2-4% of cases they are late less often than students, individual entrepreneurs and retirees.
In March 2024, the company conducted a study based on more than 500 thousand advance loans issued throughout Russia in the last three years.
Previously “socialbites.ca” reportedHe said Russians stopped paying attention to microcredit rates.