Category
Lifestyle
Assisted Choices
Trend cluster
Category
Mainstream
Micro-Lending
Charities take a backseat to doing social good through microloans.
4.3
Trend score
Trend
What is the Mainstream Micro-Lending trend?
Mainstream Micro-Lending: It only takes a small amount of money from individuals part of a much larger collective to have a big impact on the world. The most appealing aspect to micro-lending to the public isn't just that it's low risk (the large majority of loans are paid back), but the more personal & communal aspect of micro-lending.
Trend themes
Themes within the Mainstream Micro-Lending trend
Three behaviours holding the trend together01
Microcredit from High Net Worth Individuals
High net worth individuals are starting to lend their assets to microfinance companies, providing a new source of capital and an ethical way to use their assets.
02
Crowdfunding for Loans
Crowdfunding websites dedicated to loans are emerging and providing individuals with an alternative to traditional institutions while also creating opportunities for new funding sources.
03
People-Focused Finance
Financial institutions are emerging with a triple bottom line philosophy that focuses on investing in people, the environment, and the arts and culture.
Industry implications
What the Mainstream Micro-Lending trend means for industry
Where the trend changes the playbookFor
Microfinance industry
Microfinance companies can develop partnerships with high net worth individuals to provide an ethical source of capital or utilize crowdfunding platforms to access new sources of funding.
For
Peer-to-peer lending industry
Crowdfunding websites offer new opportunities for individuals to obtain loans, disrupting traditional lending models and creating innovative funding sources.
For
Socially conscious jewelry industry
Jewelry companies can create socially conscious lines that have a dual purpose: benefiting disadvantaged communities and cultures while offering unique and aesthetically pleasing accessories.
Trend signals
Trend signals for Mainstream Micro-Lending
Trend score 4.3 out of 10, from popularity 77%, activity 45%, freshness 8%.
Popularity77%
Activity45%
Freshness8%
Audience
50%Men
50%Women
- Gen Alpha
- Gen Z
- Millennial
- Gen X
- Boomer (not a primary audience)
Market
North America
Evidence
Examples of the Mainstream Micro-Lending trend
6 featured examples from Apr 1, 2013 to Nov 21, 2014CategorySocial Good
Philanthropic Textbook Businesses
Textbooks for Change Aims to Help Entrepreneurs Worldwide
Innovative solutions for textbook redistribution can disrupt the traditional education industry by offering affordable and sustainable alternatives.
CategorySocial Good
Microloan-Funding Necklaces
The Female-Empowering Socially Conscious Accessories Contain Crystals
The jewelry industry could explore similar ideas of sustainable sourcing and socially conscious production, which can appeal to ethically-minded consumers.
CategorySocial Good
People-Focused Finance
Triodos Bank Adheres to the Triple Bottom Line
The financial services industry can shift towards investing in socially responsible initiatives to create a positive societal impact and differentiate itself from traditional fina…
CategorySocial Good
Peer Support Entrepreneurship
Village Capital Attempts to Democratize Enterprises
Disruptive innovation opportunity: Develop innovative educational programs or platforms that integrate peer support and democratization principles to teach aspiring entrepreneurs.
CategorySocial Good
Guarantor Model Capital
MicroCredit Enterprises Uses the Funds of People with a High Net Worth
The use of a guarantor model with high net worth individuals has the potential to revolutionize the microcredit industry by expanding its funding sources and reach.
CategoryBusiness
Crowdfunded Loan Platforms
The 'hellomerci' Platform Helps You Get a Loan While Avoiding the Bank
Traditional banks and credit unions need to innovate in order to compete with peer-to-peer lending platforms and crowdfunding options.
