Online lending is the fastest growing segment in financial markets
18 March 2015

According to forecasts J’son & Partners Consulting in 2012-2017 years the average annual rate of growth of the online lending market will be 54% in Russia.

Pople are starting to take microloans, as a rule, for the repair of apartments and houses (in 36.32% of cases). In addition, due to the short but expensive loans, the Russians are financing family events, including weddings and funerals (8.74%), vehicle repair (7.76%) and the rest (7.30%). More than 70% of the clients of microfinance organizations – people with secondary education and below.

Gabriel Vaquer
Brand & Communications Manager
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