The gross loan portfolio (GLP) of India’s microfinance sector witnessed a de-growth of 1.15% in the July-Sept quarter at Rs 2.24 lakh crore, on a quarter-on-quarter basis, according to CRIF High Mark’s ‘MicroLend’ report.However, the GLP rose by 14% on a year-on-year basis.”The live customer base shrunk by 7 % in Q2 as of Jun 2020 to nearly 5.7 crores. The active loan base also shrunk by nearly 1.5 per cent to 10.5 crore active loans,” it said.The originations are down by 50 per cent, both in value and volume terms as compared to Q2 of last year. Coming into Q2 FY 2020-21, the average ticket size of microfinance loans stood at Rs 34,700.