Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Morocco
MARFCSMMFXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,618,740,500.00
Year-over-Year Change
325.64%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding loans at non-deposit taking microfinance institutions (MFIs) in Morocco. It provides insights into the level of financial inclusion and credit access for underserved populations 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 Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Morocco trend represents the total value of loans extended by MFIs that do not accept deposits in the Moroccan market. This metric is used to evaluate the reach and impact of the microfinance sector in providing financial services to individuals and small businesses that may lack access to traditional banking.
Methodology
The data is collected directly from Moroccan MFIs by the country's central bank.
Historical Context
Policymakers and development organizations use this metric to assess progress on financial inclusion objectives.
Key Facts
- Morocco has over 1.1 million active microfinance borrowers.
- Outstanding MFI loans account for over 2% of Morocco's GDP.
- The microfinance sector in Morocco has grown by 10% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans provided by non-deposit taking microfinance institutions (MFIs) in Morocco.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of financial inclusion and credit access for underserved populations in Morocco, which is important for evaluating the impact of the microfinance sector.
Q: How is this data collected or calculated?
A: The data is collected directly from Moroccan MFIs by the country's central bank.
Q: How is this trend used in economic policy?
A: Policymakers and development organizations use this metric to assess progress on financial inclusion objectives in Morocco.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing a timely view of the microfinance sector in Morocco.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Morocco (MARFCSMMFXDC), retrieved from FRED.