Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Zimbabwe
ZWEFCBMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
682.00
Year-over-Year Change
1140.00%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend tracks the number of branches, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Zimbabwe. It provides insight into the geographical outreach and accessibility of financial services 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 Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Zimbabwe metric reflects the expansiveness of microfinance services across the country. It is an important indicator of financial inclusion and the ability of MFIs to serve rural and marginalized communities.
Methodology
The data is collected through surveys of licensed non-deposit taking MFIs in Zimbabwe.
Historical Context
This trend is closely monitored by policymakers, development organizations, and market analysts to evaluate the growth and impact of the microfinance sector.
Key Facts
- Zimbabwe has over 200 registered non-deposit taking MFIs.
- MFIs reached over 1 million clients as of 2021.
- The average MFI branch serves around 5,000 clients.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of physical branch locations, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Zimbabwe. It provides a metric for the geographic reach and accessibility of microfinance services.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of financial inclusion and the ability of MFIs to serve rural and underserved populations in Zimbabwe. It is closely monitored by policymakers, development organizations, and market analysts to evaluate the growth and impact of the microfinance sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of licensed non-deposit taking MFIs operating in Zimbabwe.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this metric to assess the expansion of microfinance services and financial inclusion, informing policies and initiatives to support the growth of the microfinance sector in Zimbabwe.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and collection, as the information is gathered through voluntary surveys of MFIs. The metric also does not capture the total number of microfinance access points, as it excludes MFI headquarters.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Zimbabwe (ZWEFCBMFNNUM), retrieved from FRED.