Wonga expansion or Wronga

Is it concerning that Wonga is meeting a market need?
Are the traditional banks not able to meet this need-
Wonga Busuness Loans-"business loans are for £3,000 to £15,000, for up to a year, its would-be borrowers are typically small businesses which need some quick cash, for instance to buy stock at a discount, not to build a factory or an entire business"
Wonga said "Wonga is not going to try setting up in either France or Germany because people there are much more reluctant to borrow in the first place."
However where credit isnt so easily available its moving in "short-term loans to customers online in South Africa, Canada, Poland and soon it will set up in Spain."
Onthedole.com isnt in favour of payday loans> Credit Unions have a lot of benefits for the small unemployed lender