I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Microfinance: Holding Potential to Break the Cycle of Poverty
Microfinance Functioning
Key Principles Related to Microfinance
Key Benefits and Drawbacks of Microfinancing
Microfinance Market: Focus on Providing Access to the Unbanked
and Alleviate Property Propels Growth
Active Borrowers of Microfinance Institutions Continue to Grow
Global Microfinance Industry: Number of Active Borrowers in
Million for the Years 2010-2018
% of Rural Borrowers in Microfinance Institutions (in %) by
Geographic Region for 2018
Borrower Mix in MFIs: Percentage Breakdown of Active Borrowers
by Male and Female Individuals for 2018
Recent Market Activity

2. FOCUS ON SELECT PLAYERS
51Give (China)
Al Amana Microfinance (Morocco)
Al-Barakah Microfinance Bank (Nigeria)
Annapurna Finance (P) Ltd (India)
Asirvad Microfinance Pvt. Ltd. (India)
Banco do Nordeste do Brasil S.A. (Brazil)
Bandhan Financial Services Pvt. Ltd. (India)
Bank Rakyat Indonesia (Indonesia)
BRAC (Bangladesh)
BSS Microfinance Ltd. (India)
Grameen Foundation (USA)
Jamii Bora Bank (Kenya)
Kiva (USA)

3. MARKET TRENDS & DRIVERS
As Important Growth Mechanisms for Economic Progress,
Microenterprises Emerge as Vital Driver of Growth for MFIs
Large Proportion of Unbanked Individuals Raises Importance of
Microfinancing for Microbusinesses: Global Breadkwon of
Unbanked Adult Population (in %) by Country for 2019
Global Breadkwon of Unbanked Adult Population (in %) by Gender
for 2019
Top Factors Cited as Barrier to Account Ownership: % of Adults
Citing the Reason for Being Unbanked (2019)
Unmet Financing Needs of Micro, Small and Medium Enterprises:
(MSMEs): Finance Gap (in $ Billion) of MSMEs in Developing
Economies for 2019
Changing Business Landscape Drives Microenterprises to Review
Strategies
Microfinance Presents Powerful Tool for Small Businesses &
Entrepreneurs to Access Capital
Microfinance Industry?s Growing Role in Impact Investments and
Achievement of SDGs
Growing Importance of Digitalization for Traditional MFIs
Rising Adoption of New Technologies to Push Market Growth
Mobile Payments Transform Microfinance Industry Landscape
Mobile Technology to Play a Vital Role in Expanding Reach of
Microfinance: Global Mobile Payments Market in US$ Billion for
2019, 2021, 2023 and 2025
Going Digital Represents Inevitable Move for Microfinance
Institutions
Microfinance Industry Leverages Big Data Analytics to Enable
Financial Inclusion
Digitization Raises Data Security Concerns
Islamic Microfinance Emerges as a Vital Tool for Poverty
Alleviation in Islamic Nations
Global Islamic Finance Market by Segment (in %) for 2019
Large Commercial Banks Venture into Microfinance Market,
Presenting Opportunities and Challenges for Existing Players
Microinsurance Products: Providing Insurance Coverage to Low
Income Customers
Addressing the Risks of Climate Change with Microfinance
Rising Carbon Dioxide Emissions an Indication of Climate
Change: Global CO2 Concentrations (in ppm) for the Years 2000
-2100
Microfinance along with Macrofinance Holds Critical
Significance in Financial Realm
Emergence of For-Profit Microfinance Institutions Draws Criticism
Microfinance Institutions to Embrace Hybrid Model
Microfinance Providers to Collaborate with Fintechs
Key Issues Faced by Microfinance Industry
Notable Microfinance Networks: A Review

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Microfinance by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Billion for Years
2020 through 2027

Table 2: World Historic Review for Microfinance by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Billion for Years 2012 through 2019

Table 3: World 15-Year Perspective for Microfinance by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets for Years 2012, 2020 & 2027

Table 4: World Current & Future Analysis for Banks by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Billion for Years
2020 through 2027

Table 5: World Historic Review for Banks by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets - Independent Analysis of Annual
Sales in US$ Billion for Years 2012 through 2019

Table 6: World 15-Year Perspective for Banks by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027

Table 7: World Current & Future Analysis for Non-Banks by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Billion for Years
2020 through 2027

Table 8: World Historic Review for Non-Banks by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Billion for Years 2012 through 2019

Table 9: World 15-Year Perspective for Non-Banks by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Microfinance Market Share (in %) by Company: 2020 & 2027
Market Analytics
Table 10: USA Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 11: USA Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 12: USA 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

CANADA
Table 13: Canada Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 14: Canada Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 15: Canada 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

JAPAN
Table 16: Japan Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 17: Japan Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 18: Japan 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

CHINA
Table 19: China Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 20: China Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 21: China 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

EUROPE
Microfinance Market in Europe: An Overview
France: Microcredit Industry Exhibits Strong Growth
Market Analytics
Table 22: Europe Current & Future Analysis for Microfinance by
Geographic Region - France, Germany, Italy, UK, Spain, Russia
and Rest of Europe Markets - Independent Analysis of Annual
Sales in US$ Billion for Years 2020 through 2027

Table 23: Europe Historic Review for Microfinance by Geographic
Region - France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets - Independent Analysis of Annual Sales in US$
Billion for Years 2012 through 2019

Table 24: Europe 15-Year Perspective for Microfinance by
Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets for Years 2012, 2020 & 2027

Table 25: Europe Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 26: Europe Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 27: Europe 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

FRANCE
Table 28: France Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 29: France Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 30: France 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

GERMANY
Table 31: Germany Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 32: Germany Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 33: Germany 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

ITALY
Table 34: Italy Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 35: Italy Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 36: Italy 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

UNITED KINGDOM
Table 37: UK Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 38: UK Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 39: UK 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

SPAIN
Table 40: Spain Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 41: Spain Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 42: Spain 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

RUSSIA
Table 43: Russia Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 44: Russia Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 45: Russia 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

REST OF EUROPE
Table 46: Rest of Europe Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 47: Rest of Europe Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 48: Rest of Europe 15-Year Perspective for Microfinance
by Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

ASIA-PACIFIC
Table 49: Asia-Pacific Current & Future Analysis for
Microfinance by Geographic Region - Australia, India, South
Korea and Rest of Asia-Pacific Markets - Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027

Table 50: Asia-Pacific Historic Review for Microfinance by
Geographic Region - Australia, India, South Korea and Rest of
Asia-Pacific Markets - Independent Analysis of Annual Sales in
US$ Billion for Years 2012 through 2019

Table 51: Asia-Pacific 15-Year Perspective for Microfinance by
Geographic Region - Percentage Breakdown of Value Sales for
Australia, India, South Korea and Rest of Asia-Pacific Markets
for Years 2012, 2020 & 2027

Table 52: Asia-Pacific Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 53: Asia-Pacific Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 54: Asia-Pacific 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

AUSTRALIA
Table 55: Australia Current & Future Analysis for Microfinance
by Institution Type - Banks and Non-Banks - Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027

Table 56: Australia Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 57: Australia 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

INDIA
Microfinance Market in India to Maintain Healthy Growth Trend
Indian Microfinance Market Poised to Witness More Consolidation
A Peek into Microfinance Providers in the Indian Microlending
Landscape
Primary Challenges Affecting Competitiveness of Microfinance
Institutions in India
Market Analytics
Table 58: India Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 59: India Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 60: India 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

SOUTH KOREA
Table 61: South Korea Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 62: South Korea Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 63: South Korea 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

REST OF ASIA-PACIFIC
Table 64: Rest of Asia-Pacific Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 65: Rest of Asia-Pacific Historic Review for Microfinance
by Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 66: Rest of Asia-Pacific 15-Year Perspective for
Microfinance by Institution Type - Percentage Breakdown of
Value Sales for Banks and Non-Banks for the Years 2012, 2020 &
2027

LATIN AMERICA
Table 67: Latin America Current & Future Analysis for
Microfinance by Geographic Region - Argentina, Brazil, Mexico
and Rest of Latin America Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2020 through 2027

Table 68: Latin America Historic Review for Microfinance by
Geographic Region - Argentina, Brazil, Mexico and Rest of Latin
America Markets - Independent Analysis of Annual Sales in US$
Billion for Years 2012 through 2019

Table 69: Latin America 15-Year Perspective for Microfinance by
Geographic Region - Percentage Breakdown of Value Sales for
Argentina, Brazil, Mexico and Rest of Latin America Markets for
Years 2012, 2020 & 2027

Table 70: Latin America Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 71: Latin America Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 72: Latin America 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

ARGENTINA
Table 73: Argentina Current & Future Analysis for Microfinance
by Institution Type - Banks and Non-Banks - Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027

Table 74: Argentina Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 75: Argentina 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

BRAZIL
Table 76: Brazil Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 77: Brazil Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 78: Brazil 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

MEXICO
Table 79: Mexico Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 80: Mexico Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 81: Mexico 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

REST OF LATIN AMERICA
Table 82: Rest of Latin America Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 83: Rest of Latin America Historic Review for
Microfinance by Institution Type - Banks and Non-Banks Markets -
Independent Analysis of Annual Sales in US$ Billion for Years
2012 through 2019

Table 84: Rest of Latin America 15-Year Perspective for
Microfinance by Institution Type - Percentage Breakdown of
Value Sales for Banks and Non-Banks for the Years 2012, 2020 &
2027

MIDDLE EAST
Table 85: Middle East Current & Future Analysis for
Microfinance by Geographic Region - Iran, Israel, Saudi Arabia,
UAE and Rest of Middle East Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2020 through 2027

Table 86: Middle East Historic Review for Microfinance by
Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of
Middle East Markets - Independent Analysis of Annual Sales in
US$ Billion for Years 2012 through 2019

Table 87: Middle East 15-Year Perspective for Microfinance by
Geographic Region - Percentage Breakdown of Value Sales for
Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets
for Years 2012, 2020 & 2027

Table 88: Middle East Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 89: Middle East Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 90: Middle East 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

IRAN
Table 91: Iran Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 92: Iran Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 93: Iran 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

ISRAEL
Table 94: Israel Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 95: Israel Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 96: Israel 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

SAUDI ARABIA
Table 97: Saudi Arabia Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 98: Saudi Arabia Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 99: Saudi Arabia 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

UNITED ARAB EMIRATES
Table 100: UAE Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 101: UAE Historic Review for Microfinance by Institution
Type - Banks and Non-Banks Markets - Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2019

Table 102: UAE 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

REST OF MIDDLE EAST
Table 103: Rest of Middle East Current & Future Analysis for
Microfinance by Institution Type - Banks and Non-Banks -
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027

Table 104: Rest of Middle East Historic Review for Microfinance
by Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 105: Rest of Middle East 15-Year Perspective for
Microfinance by Institution Type - Percentage Breakdown of
Value Sales for Banks and Non-Banks for the Years 2012, 2020 &
2027

AFRICA
Table 106: Africa Current & Future Analysis for Microfinance by
Institution Type - Banks and Non-Banks - Independent Analysis
of Annual Sales in US$ Billion for the Years 2020 through 2027

Table 107: Africa Historic Review for Microfinance by
Institution Type - Banks and Non-Banks Markets - Independent
Analysis of Annual Sales in US$ Billion for Years 2012 through
2019

Table 108: Africa 15-Year Perspective for Microfinance by
Institution Type - Percentage Breakdown of Value Sales for
Banks and Non-Banks for the Years 2012, 2020 & 2027

IV. COMPETITION
Total Companies Profiled: 91