Preliminary results of the EMN-MFC Microcredit Overview Survey

2014-15

Diego Dagradi

Fondazione Giordano Dell’Amore

#emnAC2016

22 countries

149 MFIs

Microcred

it

providers

Partic

ipants

% of

answ

ers

TG1 73 66 90%

TG2 143 83 58%

Total 216 149 69%

1 26 1

3

4

82

1

1

513

1328

1

13

26 3

4 248

In red the countries with National Networks

10%

13%

24%

22%

18%

13%

Before 1989 1990-1994 1995-1999

2000-2004 2005-2009 2010-2015

Year started operating in microfinance Type of institution

5 51

46

89

3

MFIs: 149/149

Paid staff (full-time equivalent) % turnover from

microlending activitiesMFIs: 146/149

4

57 55

10

20

0 < 10 11-50 51-100 > 100

Average: 48,5

8%

6%

12%

7%

14%

53%

NA <5%

6%-25% 26%-50%

51%-75% 76%-100%

MFIs: 147/149

107

105

90

88

58

53

33

32

13

Financial inclusion

Job creation

Microenterprise promotion

Social inclusion and poverty reduction

Small and Medium Enterprise (SME) promotion

Women empowerment

Youth employment (18-25 year)

Ethnic minorities and/or immigrants empowerment

Other

Financia l inc lus ion main miss ion

MFIs’ mission MFIs: 149/149

Number Percentage

MFIs that offer ONLY financial

products and services62 42%

MFIs that offer financial & non-

financial products and services86 58%

Total 148 100%

Products and services offered

MFIs offering only financial products and services

79% are from East Europe

84% are NBFI

MFIs offering financial and non-financial products and services

59% are from West Europe

Majority of commercial bank, cooperative and NGO

MFIs: 148/149

124

72

62

1

0

5

26

4

6

2

2

9

Business microloans

Personal microloans

Business loans

Leasing

Factoring

Mortgages

Savings products

Current/Checking accounts

Insurance

Money transfer services

Mobile banking services

Other

Financial products and services - type

32,4%51,4%

16,2%

Only Personal

microloans

Only Business

microloans

Business & Personal

microloans

MFIs : 148/149

Green microloans

63

15

49

6

14

8

NO

NO, BUT we are planning to develop such greenmicroloans in the next years.

NO, we do not have specific green microloans,BUT in our normal microloan activities we also

finance environmentally friendly activities or…

YES, specifically to finance environmentallyfriendly activities (organic farming, waste

collection, recycling, ecotourism, etc.)

YES, specifically to finance energy efficiency(energy-efficient technologies, apartment

insulation, etc.)

YES, specifically to finance renewable energies(photovoltaic solar panels, solar water-heaters,

biogas digesters, electric vehicles, etc.)

14 MFIs

61 MFIs

63 MFIs

MFIs: 138/149

Non-financial products and services - type

62

12

5

44

46

40

47

33

NONE

Other

E-learning courses

Mentoring

Financial education

Entrepreneurshiptraining

Business DevelopmentServices (BDS)

Debt counsellingMFIs: 86/86

23%

26%27%

16%

6%2%

1 2 3 4 5 6

Percentage of MFIs by

number of non-financial

products and services offered

Non-financial products and services - how

75

11

13

15

8

On your own

Through a subsidiary

Through externalizedpaid service

Through externalizedvoluntary service

Other

58%

2%

40%

In person Both online

and in person

Through

online service

MFIs: 85/86

Target groups served in microlending

100108

65

117

5466

26

50

11

53%47%

30%39%

24%

8%3%

79%

29%

29% 26%22%

35%

10%6%

0%

18%12%

Ruralpopulation

Urbanpopulation

Unemployedpeople orpeople on

welfare

Women Ethnicminorities

and/orimmigrants

Youth (18-25years old)

Disabledpeople

Peopleexcluded

frommainstream

financialservices

Other

Number of MFIs

% of active borrowers for target group / total active borrowers for target group

% of active borrowers for target group / total active borrowers

MFIs: 131/149

Type of business

31

17

77

88

61

73

20

4

61%

28% 27%

43%

8%

61%

4%11%

30%

0%

13%

31%

3%

37%

0% 0%Informalbusiness

Entrepreneursin pre-start-up

phase

Start-upenterprises

Registeredbusinesses

(<5employees)

Registeredbusinesses (6-9 employees)

Self-employedwithout

employees

Socialenterprises

Other

Number of MFIs

% of business microloans disbursed for type of business / total business microloandisbursed for type of business% of business microloan disbursed for type of business / total business microloan disbursed

MFIs: 102/124

2007 2008 2009 2010 2011 2012 2013 2014 2015

Evolution from Overview Reports

Value of microloan disbursed (million EUR)

Number of microloan disbursed

Average microloan disbursed (EUR)

2007 2008 2009 2010 2011 2012 2013 2014 2015

Value of microloan disbursed

(million EUR)394 802 828 779 1.074 1.303 1.528 1.347 1.567

N. of microloan disbursed 42.750 90.605 84.523 178.572 204.080 324.406 387.812 494.781 552.834

Average microloan disbursed

(EUR)11.002 9.373 9.641 9.091 8.931 8.810 8.606 7.116 7.271

MFIs: 137/149Microloan portfolio

Microloan portfolio

Business

2014

Business

2015

Personal

2014

Personal

2015

Value of the gross microloan

portfolio outstanding1.644.005.142 1.790.549.187 549.344.220 740.817.021

Number of active borrowers 362.994 393.115 291.682 344.900

Value of microloans disbursed 862.225.666 914.280.564 485.356.660 653.141.549

Number of microloans

disbursed204.400 220.305 290.381 332.529

Average microloan disbursed 9.260 9.500 1.976 2.135

Average microloan term

(month)40 30

Annual interest rate 10,9% 19,3%

MFIs: 137/149

Microloan portfolio

38%31%

42%27%

26%24%

23%

19%

35%45%

35%

54%

Value of thegross

microloanportfolio

outstanding

Number ofactive

borrowers

Value ofmicroloansdisbursed

Number ofmicroloansdisbursed

Percentage per type of institution (data as of 31/12/2015)

Other (2 inst.)

NBFI (83 inst.)

NGO (42 inst.)

Government body (1 inst.)

Coop./Credit Union (4 inst.)

Commercial Bank (4 inst.)

MFIs: 137/149

87% 13%

YES NO

European Code of Good Conduct for Microcredit Provision

24% 76%

NO YES

Do you know it?Has you already

adhered to it?

39% 61%

YES NO

Do you intend to

adhere to it?

103

MFIs

63

MFIs

40 MFIs55 MFIs

MFIs: 136/149

MFIs that already adhered or intend to do it

Already

adhered

Intend to

adhere

East Europe 20 37

West Europe 20 18

TYPE OF INSTITUTIONAlready

adhered

Intend to

adhere

Commercial Bank 2 2

Coop./Credit Union 3 1

Government body 1 0

NGO 16 11

NBFI 18 40

Other 0 1

% OF TURNOVERAlready

adhered

Intend to

adhere

NA 5 3

<5% 2 2

6%-25% 3 5

26%-50% 4 1

51%-75% 6 11

76%-100% 20 33

GROSS MICROLOAN

PORTFOLIO

Already

adhered

Intend to

adhere

no data 1 1

<100.000 0 13

100.001-1.000.000 8 17

1.000.001-10.000.000 17 19

10.000.001-50.000.000 9 4

50.000.001-100.000.000 2 1

>100m 3 0

ThanksDiego Dagradi

Microfinance Project Manager

Via Andegari 18 - 20121 Milano, ItaliaTel. +39 02 89012767 | Fax +39 02 98652653Email: progetti@fgda.org | skype: diego_dagradiwww.fgda.org