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The Microfinance Contagion Scenario

Harvard Business Review

The average debt-to-equity ratio of the 10 largest MFIs in India is 7.06 , indicating an average 12% equity cushion. In other words, at current repayments rates, any MFI with more than 12% of its portfolio in AP is at risk of insolvency. Losses in AP will overwhelm many institutions' equity cushion. That could likely have consequences.

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How One Startup Developed a Sales Model That Works in Emerging Markets

Harvard Business Review

With valuable learnings from the solar salesmen, we began the search to build our own dedicated team of salespeople to help us “open up shop” across each region of operation. Customers show up regularly to take out loans, arrange payments, and track their finances. I am the cofounder and CEO of BioLite.