Ukrainians' debt to microfinance organisations has risen by a third
By the end of 2025, Ukrainians’ total debt to microfinance organisations (MFOs) stood at over 27 billion hryvnias, having increased by 7.7 billion hryvnias over the course of the year.
This is reported by ‘OpenDataBot’.
Although the number of contracts signed rose only slightly (+3%), the total market volume grew by 10%, reaching 56.76 billion UAH. This is due to an increase in the average size of ‘payday loans’, which stood at 7,670 UAH at the end of the year compared to 5,780 UAH at the start.
Market trends indicate a shift in consumer behaviour: people have started to opt for longer loan terms more frequently. In particular, the number of contracts drawn up for a period of 2 to 3 years has surged 36-fold.
At the same time, an average of around 720,000 new loans were recorded each month, which is still lower than the figures prior to the full-scale invasion, but demonstrates a steady upward trend.
The financial results of the industry leaders remain strong: the top ten MFOs generated over 18.5 billion UAH in revenue, and their net profit increased by 1.6 times.
The highest revenue was reported by Ukr Credit Finance (CreditKasa) – 3.32 billion UAH, whilst in terms of profitability, the lead is held by Spozhyvchyi Tsentr (ShvidkoGroshi) with a figure of 470 million UAH. This situation highlights the high profitability of the microcredit business despite economic challenges.
