Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Rwanda
RWAFCBMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
N/A%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of branch locations, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Rwanda. It provides insight into the geographic reach and accessibility of microfinance services in the country.
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 Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Rwanda trend tracks the branch network expansion of MFIs that do not accept deposits. This metric is used to assess the accessibility and penetration of microfinance services, which are crucial for financial inclusion and economic development.
Methodology
The data is collected through surveys of registered MFIs in Rwanda.
Historical Context
Policymakers and financial sector analysts use this trend to evaluate the growth and accessibility of Rwanda's microfinance industry.
Key Facts
- Rwanda has over 400 registered microfinance institutions.
- Microfinance services reach over 1.8 million Rwandan adults.
- The microfinance sector accounts for 3% of Rwanda's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branch locations, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Rwanda. It provides insights into the geographic reach and accessibility of microfinance services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the growth and expansion of Rwanda's microfinance industry, which is an important driver of financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of registered MFIs in Rwanda.
Q: How is this trend used in economic policy?
A: Policymakers and financial sector analysts use this trend to evaluate the accessibility and penetration of microfinance services, which informs decisions on financial inclusion policies and regulations.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be some delays in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Rwanda (RWAFCBMFNNUM), retrieved from FRED.