There is, however, broad consensus that financial inclusion should extend to include access to loans, transactional banking, and risk products and services. 5 Financial inclusion should not mean irresponsible or reckless lending to people who cannot afford it.
After all, it was the unfettered provision of cheap loans to people who could not afford them, or the so-called sub-prime lending, that largely triggered the global financial crisis. Typically, banks grant loans on the basis of some security provided by the borrower. Often, this entails fixed property.