Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Burundi
BDIFCSMMFXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2007 - 1/1/2016
Summary
This economic trend measures the outstanding loans at non-deposit taking microfinance institutions (MFIs) in Burundi. It provides insights into the country's microfinance sector and access to financial services.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The outstanding loans at non-deposit taking MFIs in Burundi represent the total value of credit extended by these institutions, which play a crucial role in expanding financial inclusion and supporting small businesses and entrepreneurs.
Methodology
The data is collected by the Burundi central bank through surveys of microfinance institutions.
Historical Context
This trend is used by policymakers and development organizations to assess the growth and impact of the microfinance industry in Burundi.
Key Facts
- Burundi has a largely rural, agricultural-based economy.
- Microfinance plays a vital role in providing access to credit for underserved populations.
- Burundi's microfinance sector has experienced steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans held by non-deposit taking microfinance institutions (MFIs) in Burundi, providing insights into the country's microfinance sector and financial inclusion efforts.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, development organizations, and researchers interested in understanding the growth and impact of microfinance in Burundi, which is a key driver of financial inclusion and small business development.
Q: How is this data collected or calculated?
A: The data is collected by the Burundi central bank through surveys of microfinance institutions operating in the country.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and development organizations to assess the state of the microfinance industry and inform policies and programs aimed at expanding financial inclusion and supporting small businesses in Burundi.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting, and the coverage of microfinance institutions may not be comprehensive across the entire country.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Burundi (BDIFCSMMFXDC), retrieved from FRED.