As financial statements for the end of Asar are being released, microfinance institutions show a picture of increased profits, reduced bad loans, and improved financial indicators. The microfinance sector, which has been struggling with crisis, criticism, increasing borrower debt, multiple loans, and recovery pressure for a long time, is now returning to its rhythm, which is certainly a positive sign. Financial institutions becoming profitable is not inherently bad; rather, profit is a necessary condition for a healthy financial institution. However, the main question today is not just whether there was profit. The question is—on what basis was that profit made,...