whether increased competition in the microfinance would be benecial or not

whether increased competition in the microfinance would be benecial or not Read the attached article from The Globe and Mail. Based on the article, the lectures, and your own thoughts on the issue, discuss whether increased competition in the micronance sector would be benecial or not. Does the micronance industry need to be regulated and if yes, how? Be careful to distinguish symptoms from root causes of nancial market imperfections and whether a government intervention (policy) would be able to address those imperfections or may have unintended consequences.