Pay day loan companies are not normal for customary microfinance in that they don't empower collectivism and social capital working in low pay communities, anyway exist solely for profit. In Canada, microfinancing competes with pay-day loans institutions which exploit underestimated and low-salary individuals by charging incredibly high, predatory interest rates. Communities with low social capital often don't have the networks to actualize and support microfinance initiatives, prompting the multiplication of pay day loan institutions. These banks which would have charged almost no interest on small amounts of cash are supplanted by loaning companies. Complications specific to Canada incorporate the requirement for loans of a substantial size in comparison to the ones normally seen in numerous worldwide microfinance initiatives. Also, microfinance in Canada is driven by profit which, as a result, fails to propel the social improvement of network members.