Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Kosovo
KOSFCSMMFXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170,807,000.00
Year-over-Year Change
230.38%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding loans at non-deposit taking microfinance institutions (MFIs) in Kosovo. It provides insights into the accessibility and utilization of financial services in the country's microfinance sector.
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 Kosovo represent the total value of active loan balances held by these institutions. This metric is used to gauge the reach and impact of microfinance activities, which are crucial for financial inclusion and small business development.
Methodology
The data is collected by the Central Bank of Kosovo through regular reporting from licensed non-deposit taking MFIs.
Historical Context
Policymakers and financial analysts use this trend to monitor the growth and accessibility of microfinance services in Kosovo's economy.
Key Facts
- Kosovo has a vibrant microfinance sector with over 20 active non-deposit taking MFIs.
- Microfinance loans in Kosovo average around €2,000 per borrower.
- The microfinance industry in Kosovo 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 Kosovo. It provides insights into the accessibility and utilization of microfinance services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding financial inclusion and small business development in Kosovo's economy, as microfinance plays a crucial role in providing access to credit for underserved populations and entrepreneurs.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Kosovo through regular reporting from licensed non-deposit taking MFIs operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this trend to monitor the growth and accessibility of microfinance services, which are essential for promoting financial inclusion and supporting the development of small and medium-sized enterprises in Kosovo.
Q: Are there update delays or limitations?
A: The data is published with a relatively short delay, typically within a few months of the reporting period. However, the coverage may be limited to licensed non-deposit taking MFIs, and informal or unregistered microfinance activities may not be fully captured.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Kosovo (KOSFCSMMFXDC), retrieved from FRED.