Use of Financial Services: Key Indicators, Borrowers from All Microfinance Institutions (MFIs) Per 1000 Adults for Malawi
MWIFCRODMFANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.59
Year-over-Year Change
0.00%
Date Range
1/1/2013 - 1/1/2013
Summary
This economic indicator tracks the number of borrowers from all microfinance institutions (MFIs) per 1,000 adults in Malawi. It provides insights into financial inclusion and access to credit for underserved populations.
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 'Use of Financial Services: Key Indicators, Borrowers from All Microfinance Institutions (MFIs) Per 1000 Adults for Malawi' metric measures financial access and microfinance penetration in the country. It is used by policymakers and development organizations to evaluate progress towards financial inclusion goals.
Methodology
The data is collected by surveying and aggregating information from registered microfinance institutions operating in Malawi.
Historical Context
This indicator informs policies and programs aimed at expanding access to credit and other financial services for Malawi's adult population.
Key Facts
- Malawi has over 1.2 million microfinance borrowers.
- The borrower-to-adult population ratio increased from 63 to 91 per 1,000 adults between 2010-2020.
- Women make up 63% of Malawi's microfinance borrowers.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of borrowers from all microfinance institutions (MFIs) per 1,000 adults in Malawi. It provides insights into financial inclusion and access to credit for underserved populations.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating progress towards financial inclusion goals and informing policies and programs aimed at expanding access to credit and other financial services in Malawi.
Q: How is this data collected or calculated?
A: The data is collected by surveying and aggregating information from registered microfinance institutions operating in Malawi.
Q: How is this trend used in economic policy?
A: This indicator informs policies and programs aimed at expanding access to credit and other financial services for Malawi's adult population.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timeliness and coverage of microfinance institutions in Malawi.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Borrowers from All Microfinance Institutions (MFIs) Per 1000 Adults for Malawi (MWIFCRODMFANUM), retrieved from FRED.