Microfinance lending is experiencing stress due to regulatory changes aimed at curbing over-lending. Relaxed rules in 2022 fueled a surge in unsecured credit, leading to new restrictions on loan numbers and borrowers. While this has caused a credit squeeze and increased delinquency, it's expected that government spending and economic recovery will eventually stabilize the sector.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.