Providing of retail loan is the way to change the ability for the low incomer to invest in their future. Purchase motorbike, smartphone, small place to sell food, pay one or two months rent for UBER services, buy a solar system to have a light, pay for doctor, send child to simple school, pay for unexpected funeral, escape the bad employer....
Once managed properly in less developed countries it will give the opportunity, that was always missing.
The small loans shall not seek an support from government or local municipality institution, as it might bring more instability to the system by rigid criteria that would be so hard to fulfil. It might be, on the other hand, looking for an NPL support or support by providers of the service/goods by offsetting NPL to certain level. Consumer financing might be a competitor to marketing, as we don't need to persuade to sell the thing to people, we are allowing them to buy it. And than than we can save on marketing costs.
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