> If the government banned this kind of lending and didn't provide an alternative, poor people would have no lending options. IIRC poor women's self-run saving

> If the government banned this kind of lending and didn't provide an alternative, poor people would have no lending options. IIRC poor women's self-run savings groups enable microcredit for poor people, and these loans generally have high repayment rates and relatively low interest. It has been a while since I read about this so it is possible that my info is now out of date.