Can you make money microlending?

Sure, here's a description simulating the tone of a questioner, with a word count of no more than 300: "Hey there, I've been hearing a lot about microlending and how it can be a profitable venture. But I'm not entirely convinced. Can you really make money microlending? I mean, aren't the loans usually pretty small, and isn't there a risk of borrowers defaulting on their payments? How do you manage to turn a profit in this kind of business? I'd love to hear your thoughts on this, and if you have any tips or strategies for success in microlending, I'd be all ears!