Microfinance ,originating in the Third World is now beginning to enter Countries that are deemed Established countries in Finance.The U.K. being one of them.
Microfinance is large around the world especially in the developing world.It is fairly new to the western world at large and seems to be filled by those companies that charge excessive rates of interest.
As microfinance grows and settles into the western world it will grow and get a larger part of the market of finance at the bottom end,for small loans.