Russia's microloan volume drops for first time in 6 years
The number of microloans issued to Russians decreased for the first time in six years, with the number of active loan contracts falling to 26.4 million, according to a study by the Self-Regulatory Organization 'Mir'.
Consensus
- The number of active microloan contracts between Russians and microfinance organizations decreased to 26.4 million.
- The decline in microloan contracts is the first observed in six years.
- The decrease was reported in the second quarter of the year.
- The study was conducted by the Self-Regulatory Organization 'Mir' and cited by RBC.
- The total portfolio of microfinance organizations decreased to 542.2 billion rubles.
Points of divergence
- The volume of microloan disbursements in the second quarter decreased by 2.8% compared to the first quarter and by 4.1% year-on-year. — vesti
- The online microloan segment did not show a decline, with disbursements increasing by 0.8% compared to 2025. — vesti
- The SRO 'Mir' predicts the peak of microloan portfolio reduction may occur in the second or third quarter of 2027, reaching 10-15% annually. — vesti
- The Bank of Russia reported that real interest rates on short-term microloans rose by 27 percentage points over the year, reaching 247% annually. — vesti
Coverage (3 sources)
- Number of Russian microloans decreased for the first time since 2020, reports RBC citing SRO "Mir" research. — ТАСС (Telegram)
- On the market of microloans in Russia for the first time in 6 years a trend for reduction has emerged — Вести
- Real rates on microloans in Russia reached 247% — Вести