Half Year Results 

ASA earnings slip

ASA earnings slip

There is no shortage of unbanked individuals to lend to around the world, even when that credit carries a high cost. For proof, just scan interim results for microfinance specialist ASA International (ASAI), which detail a whopping $73.2m (£58.9m) in interest earned from loans to customers in the six months to June, during which time the loan book climbed from $379m to $420m. Little surprise, perhaps, that the group does not report the average interest rate on its lending products.

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