Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Lesotho
LSOFCBMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
N/A%
Date Range
1/1/2004 - 1/1/2015
Summary
This trend measures the number of branch locations, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Lesotho. It provides insight 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 Non-deposit Taking Microfinance Institutions (MFIs) for Lesotho metric tracks the expansion and distribution of microfinance services across Lesotho. It is an important indicator of financial inclusion and access to credit for underserved populations.
Methodology
The data is collected directly from microfinance institutions operating in Lesotho.
Historical Context
Policymakers and development organizations use this metric to assess progress toward financial inclusion goals.
Key Facts
- Lesotho has a population of over 2.1 million.
- Microfinance is a key driver of financial inclusion in Lesotho.
- Expanding branch networks is crucial for reaching rural communities.
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) operating in Lesotho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the geographical outreach and accessibility of microfinance services in Lesotho, which is crucial for promoting financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected directly from microfinance institutions operating in Lesotho.
Q: How is this trend used in economic policy?
A: Policymakers and development organizations use this metric to assess progress toward financial inclusion goals and identify areas for improving access to microfinance services.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting from microfinance institutions, and the metric does not capture the quality or impact of microfinance services.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Lesotho (LSOFCBMFNNUM), retrieved from FRED.