[mbateman]

Yes, there are two questions here. One is whether or not Zidisha is misleading people, and the second is whether whatever they are actually doing is a good thing.

I think the article makes a case for the first, but we shouldn't immediately conclude that means that on-average-very-high-interest microloans are somehow intrinsically the subject of moral disapprobation (as I've seen suggested in at least some comments).

I think there is a (third) real question as to how to brand high-risk services like this.

EDIT: I think this top level comment (currently) below by jfasi is highly on point: https://news.ycombinator.com/item?id=7547117