Finbond's exposure to SA consumer credit is rough when rates are this high and load-shedding is crushing di…by @jse_tttrading on $FGL

Finbond's exposure to SA consumer credit is rough when rates are this high and load-shedding is crushing discretionary spend. But the micro-lending space is where people actually go when they need cash, so defaults might not spike as bad as you'd think compared to traditional unsecured lenders. Long-term view hasn't changed, they'll survive this cycle even if the next two earnings are messy.