I suspect some of the less reputable ones are already running as ponzi schemes. This is Cambodia, and there's tinpot MFI's springing up everywhere....RobW wrote:The capital ratios of the big MFIs seem too high if anything. They need to lend more of their money. Not sure how they are managing the big interest rates with such high deposit rates.
If I invested in MFI's, I'd spread my cash across the best 3, and adopt a laddered approach, ie feed in the funds once a month over ~6 months.
However, I wont.