Micro-lending in SA right now is brutal with rates where they are, consumers are just tapped out. FGL's boo…by @jse_tttrading on $FGL

Micro-lending in SA right now is brutal with rates where they are, consumers are just tapped out. FGL's book quality is gonna matter a lot more than volume going forward, and honestly the rand weakness doesn't help either when you're funding in dollars. Long-term view hasn't changed but eish, the next 12 months could be rough.