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I want to start a micro lending company,I had started before but I failed.

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Hi, perhaps you have to do research before start a lending business. Make sure you understand with administration procedures and law enforcement.

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The largest hurdle with micro lending currently is the high interest charges, roll over charges being charged, if you can find a way around that then there is potential in that "niche", you can also look into DeFi (Decentralised Finance) and see how it can play into the micro lending space

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In some situations, socio-cultural hurdles deter success- its a moral challenge to be overcome, and persist only if the results are worth and with due respect to self also [in terms of health, your future wellbeing and progress]. Connecting with support systems that believe in your cause for this work could be effective

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I think you must cooperate with government to start Micro lending company.

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