I think you basically reiterate the point here: if you are in poverty, you don't have enough money for basic necessities (read: non-productive expenses); theref

I think you basically reiterate the point here: if you are in poverty, you don't have enough money for basic necessities (read: non-productive expenses); therefore, you can choose to spend any extra money on those necessities, or go without. In other words, microloans don't solve poverty.