Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Congo
CODFCBODMFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.00
Year-over-Year Change
300.00%
Date Range
1/1/2011 - 1/1/2019
Summary
This economic trend measures the number of branches, excluding headquarters, for deposit-taking microfinance institutions (MFIs) in the Democratic Republic of the Congo. It provides insights into the geographical outreach 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 Deposit Taking Microfinance Institutions (MFIs) for Congo data series tracks the physical presence and expansion of microfinance institutions beyond their central offices. This metric is used to assess the inclusiveness and penetration of financial services in underserved regions.
Methodology
The data is collected through surveys of registered deposit-taking MFIs operating in the Democratic Republic of the Congo.
Historical Context
This trend is relevant for policymakers, development organizations, and financial institutions interested in promoting financial inclusion and strengthening the microfinance sector in the country.
Key Facts
- The number of microfinance branches in Congo has increased over time.
- Microfinance institutions play a crucial role in providing financial services to underbanked populations.
- Geographical outreach is a key metric for evaluating the accessibility of microfinance services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for deposit-taking microfinance institutions (MFIs) in the Democratic Republic of the Congo. It provides insights into the geographical outreach and accessibility of microfinance services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, development organizations, and financial institutions interested in promoting financial inclusion and strengthening the microfinance sector in the Democratic Republic of the Congo.
Q: How is this data collected or calculated?
A: The data is collected through surveys of registered deposit-taking MFIs operating in the Democratic Republic of the Congo.
Q: How is this trend used in economic policy?
A: This trend is used to assess the inclusiveness and penetration of financial services in underserved regions, which is crucial for policymakers and development organizations working to promote financial inclusion.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or limitations based on the survey collection process and the reporting by the microfinance institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Congo (CODFCBODMFNUM), retrieved from FRED.