Clients of microfinance institutions (MFIs) by the end of April delayed more than 90 days payments to 4.5 million in loans, reports TASS with reference to the report of the credit history Bureau “Equifax”.
On may 1, the volume of outstanding microloans increased to 51.3 billion rubles and made up 34.3% of the total portfolio. The share of overdue microloans amounted to 40.7% of the total. This is the highest figure in 2016. The delay grew as well in March. On March 1, was 90 days late payments of 35.9% of loans, April 1 – already 38% .
loans with early arrears (up to 30 days) are not counted. But their number also rose at the end of April increased 32.5%. Now the total amount of such borrowing is approaching 4 billion.
According to the “Equifax”, may 1, the retail portfolio of the MFIs was 11.13 million loans 149,65 billion. In April, the portfolio decreased by 3% in monetary and quantitative terms.
representatives of the financial sector recognizes the deterioration of payment discipline of borrowers from the fact that the part of the borrowers lost their jobs, while others have decreased income. In addition, during the regime of isolation of the stalled judicial debt recovery, which could also affect the deterioration of payment discipline.
