"Microcredit hype has bred demand to have more donors focus on the field and that has created more microcredit projects and components of projects, to the point where an aid donor and a development program are not perceived as legitimate if they do not have microcredit as part of their portfolio of interventions. As more and more operators have got involved, the quality of microcredit operations has deteriorated just as the serious veteran players have reached the point of perfecting their lending techniques. Microcredit is on the verge of becoming a self-polluting industry."