Over UAH 13.7 billion has been borrowed by Ukrainians from microfinance organizations over the past three months, which is more than 2 million microloans. In total, 6.5 million microloans worth UAH 40 billion have been issued since the beginning of the year. The average amount of a microloan in Ukraine is UAH 6,417. In total, citizens currently owe more than UAH 25 billion to microcredit organizations. The amount of debt has increased by 26% since the beginning of the year.
Ukrainians took out 2,138,569 microloans in the third quarter. The quarter-on-quarter loan growth rate is slightly lower – about 2%. Over the past three months, more than UAH 13.7 billion has been borrowed from microcredit organizations.
In total, since the beginning of the year, microloans have been applied for more than 6 million times, with the total amount of loans amounting to more than UAH 40 billion.
Despite the fact that the number of microloans is decreasing, the average loan amount per quarter has increased. Currently, the average amount borrowed from MFIs is UAH 6,417. For comparison, at the beginning of the year, payday lenders borrowed UAH 5,773.
Microloans are not as well repaid: since the beginning of the year, the total amount of debt has increased by a quarter and reached UAH 25.15 billion.
Opendatabot analyzed the financial reporting data of microfinance organizations – among those that have already published this information – and compiled a rating of the country’s top 10 MFIs by income. The top ten in the first three quarters of 2025 was headed by UKR CREDIT FINANCE, which operates under the CreditKasa brand with a revenue of UAH 2.4 billion. For comparison, for the whole of last year, the company’s revenue amounted to UAH 4.2 billion. Credit plus (AVENTUS UKRAINE) is in second place with revenue of UAH 1.67 billion. The top three payday lenders are rounded out by ShvydkoGroshi (CONSUMER CENTER) with UAH 1.63 billion in revenue for the three quarters of this year.
https://opendatabot.ua/analytics/mfo-2025-9
For the first time in two years, the average microloan amount has decreased slightly
According to the National Bank of Ukraine, Ukrainians have signed more than 2.17 million contracts totaling nearly UAH 13 billion with microfinance organizations (MFOs) this year. The number of microloans increased by 8%, but the average loan amount decreased for the first time in two years, amounting to UAH 5,858. In total, Ukrainians owed MFIs almost UAH 24.3 billion as of early April 2025. This is twice as much as at the beginning of the full-scale war.
Ukrainians signed over 2.17 million loan agreements with MFIs in the first quarter of 2025. This is 8% more than in the same period last year. The total amount of such agreements amounted to UAH 12.72 billion.
However, despite the increase in the number of loans, the average loan amount decreased for the first time in two years — by 2% compared to the same period last year, and currently stands at 5,858 UAH. Prior to this, the average check had only been growing.
On average, Ukrainians signed 724,000 agreements per month, which is slightly more than last year’s figure of 693,000 per month.
In total, Ukrainians owed MFIs UAH 24.28 billion as of April 1, 2025. This is twice as much as at the beginning of the full-scale war in April 2022. In the first quarter of 2025 alone, the debt increased by UAH 4.3 billion, or 22%.
It should be noted that according to updated data from the NBU, Ukrainians’ debts did not decrease by 2.7 billion hryvnia, as was reported in previous reports, but instead increased by 1.4 billion hryvnia at the end of 2024. In total, the debt doubled in 2024, increasing by 10.7 billion hryvnia.
63% of microloans are taken for a term of 93 days to 1 year. The share of such agreements has remained almost unchanged. At the same time, long-term microloans (1 to 2 years) increased 15 times. Their share currently stands at 3.6%. Short-term loans (up to 31 days) have also become more popular: their share increased from 14.5% to 24%. However, the share of loans with a term of 32 to 92 days decreased more than fivefold, from 16.5% to 3%.
https://opendatabot.ua/analytics/mfo-2025-1
