Yeah, the difference is that "microfinance" manages to give itself a high-minded image and attract big bucks from Western donors, and go on 60 Minutes. While t

Yeah, the difference is that "microfinance" manages to give itself a high-minded image and attract big bucks from Western donors, and go on 60 Minutes. While these payday lenders are universally regarded as scum. But they're not really all that different, as you point out.