In recent years, informal finance’s positive role is increasingly recognized, but the legal framework is not being developed at the same time. Therefore, laws and regulations should be created and improved to protect legitimate informal financial activities and crack down on loan sharks, underground banks, illegal fundraising and other illegal activities. Third, adopt new measures in policy support to finance for the disadvantaged.
Policy guidance and support from the government is common in developing finance for the disadvantaged. Government support should be multifaceted and mutually reinforcing, including legal, economic and administrative measures, both direct and indirect. As mentioned earlier, from the inception and development of finance for the disadvantaged in various countries, we can see that government support has played a central role.