Because the Opinions have strict restrictions on the sources of funds for microfinance companies. The Opinions stipulate: "Small loan companies shall accept social supervision and shall not engage in any form of illegal fund-raising. Engaged in illegal fund-raising activities, in accordance with the relevant provisions of the State Council, the provincial people's government is responsible for the disposal. Inter-provincial illegal fund-raising activities need to be handled by the inter-ministerial joint meeting of illegal fund-raising, and the provincial people's government may request the inter-ministerial joint meeting of illegal fund-raising to coordinate the disposal. Other acts in violation of national laws and regulations shall be punished by the local competent department in accordance with relevant laws and regulations; If a crime is constituted, criminal responsibility shall be investigated according to law.
"Opinions" also stipulates that "the sources of funds for microfinance companies insist on only lending without saving" and "the main sources of funds for microfinance companies are capital paid by shareholders, donated funds and comprehensive funds of no more than two banking financial institutions.