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Microfinance Mysteries

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Microfinance Mysteries

Letter No. 140

Shares of microfinance companies have plunged 50-75% from this year’s highs, raising alarm bells. Why are these businesses so deeply cyclical? Are they worth investing in, and how should they be valued? In today’s article, we explore these questions, drawing insights from Vikram Akula’s book: Micro-meltdown.

Read more: https://tinyurl.com/uc9yzbrs

Disclaimer:

Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies is provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.