Home Credit Group B.V., the parent company, holds equity interests in leading consumer finance companies in ten countries around the world. The group operates in countries with a total population of around 3.4 billion between them where the growth potential is high, GDP expansion rates are above average, and the financial-service penetration rate is low. National financial regulators in all these markets have granted Home Credit the necessary licenses.
For many of its customers, Home Credit is the first regulated institution ever to grant them credit and, more generally, the first lender with which they have had a positive borrowing experience. By the end of 2019, 132 million customers had used Home Credit’s services. During that year, the Home Credit Group provided almost 27 million loans, or one every second.