Macroeconomy/Finance

Microcredit loans reached $7.7bn until March 2020

Until March 2020, Microcredit has a share of 29.4% ($7.7 bn) of all loans granted by financial institutions ($26.33 bn). This figure is higher than housing loans, which have 26.6% ($7 bn), and business credit ($5.6 bn).

Source: El Deber