French Investment Corporation Direct Group enters the Russian market for microfinance. About this newspaper Kommersant on Monday, April 18. Direct Group (formerly PPE group) - a French corporation specializing in investments in Russia, founded more than 12 years ago. Among the projects Direct Group - an online store Ozon.ru (their share in it - 50% + 1 share - the company sold in 2006, the transaction amount, according to expert estimates, is $ 70-80 million), bank Rusfinance (in 2007 sold to Societe Generale), Otto group (2006-2009 years), an online store designer clothing KupiVip.ru, online shoe store Sapato.ru, dating service Teamo.ru, online store discounts KupiBonus.ru. The fact that Direct Group has launched a new project in the microfinance market, Kommersant was told by market participants. The official website of Direct Group indicated that the company "MigKredit" part of the group since 2010. "MigKredit specializes in the issuance of unsecured loans to natural persons who for whatever reason, eg because of bad credit history may not qualify for a loan in the bank. The company currently offers its customers two types of loans: "fast" in the amount of 3 thousand to 12 thousand rubles. for 25-35 days, the rate for such loans is about 300% per annum, and "simple" in the amount of 5 thousand to 25 thousand rubles. for a period of 12-24 weeks (at a rate of about 80% per annum). As explained in the publication "MigKredite, make loans to citizens the company began only a month ago, so talk about the results is premature. "We believe the market for microfinance in Russia promising and we intend to develop this area, but talk about specific business plans before the end of the pilot project is premature," - said the Kommersant representative of the company. Official estimates of the microfinance market is not. According to the Russian Microfinance Center (RMC), the market has about 300 companies, the oldest of which is five years. On 1 January 2011 the market volume, according to RMC was 27 billion rubles. (Or about $ 1 billion), of which 54% - loans for business development, 35% - on consumption. Currently, the only major player in the micro-credit of physical persons is a company of the financier Eugene Bernshtam "Private Money". Its net assets amounted to 1.3 billion rubles., The delay on microloans - 23%, which, according to Bernshtam, it is normal for this business. According to experts, the yield on the market for microfinance is a foreign corporation related to the long-awaited appearance of his control - from January 4, 2011 (the date of entry into force of the Law on microfinance and microfinance institutions) to regulate the Finance Ministry. Participants in the banking market does not fear competition. "Micro-finance company engaged in lending to individual persons, guided by those borrowers who can not get a bank loan - explains board member of Raiffeisenbank Andrey Stepanenko .- Despite the simplicity of the procedure for obtaining credit, and the almost complete absence of restrictions, such loans are significantly more expensive than bank loans."
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