Economic perspective of p2p development in Russia

Hello, dear friends!

Today we would like to talk about Karma from economic perspective in Russian Uniqe Market.

There is a favorable situation In Russia for the development of p2p-lending. In 2018, the government supported the bill of alternative ways of fund-raising

✅ The President of Russian Federation instructed the government to increase the share of SMEs in Russian GDP from 20% to 40% by 2025

✅ According to the Central Bank, the volume of transactions on crowdfunding web-sites in 2017 increased by 85%, exceeding 177 million dollars.

✅ In the next 7 years, the credit needs for SMEs will increase from 80 to 160 billion dollars

✅ In 2018 the volume of P2P-lending in Russia will be 24 million dollars. According to forecasts, it will grow by 47.8% per year and by 2022 will be 113.4 million dollars.

Cheers ^_^

Source: https://www.statista.com/outlook/338/149/marketplace-lending--personal-/russia