Pawnbroker Niche: Luxury Handbags in Hong Kong
A market for everything... Definitely not cheap though "A customer gets her bag back by repaying the loan at 4% monthly interest within four months" - though perhaps comparable to microfinance? (WSJ)
A market for everything... Definitely not cheap though "A customer gets her bag back by repaying the loan at 4% monthly interest within four months" - though perhaps comparable to microfinance? (WSJ)
blogging my (mis)adventures in China between and during bouts of jetlag peppered with random thoughts on investing, strategy and development
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