Micro-loans have always been on par with loan sharks, the interest rates are similar. (Loan sharks don't pay tax, don't have to pay foreign wages) So, I can se

Micro-loans have always been on par with loan sharks, the interest rates are similar. (Loan sharks don't pay tax, don't have to pay foreign wages) So, I can see why there is no real reason they will work. Most people can access loan sharks. Places that run micro-loans might be nicer but they are not introducing an amazing new opportunity.