If financial intermediaries did not have the ability to pool the resources of small savers:

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Financial intermediaries, such as banks, allow small savers to pool their resources, which enables them to lend large amounts of money to borrowers at lower interest rates than they would have to pay if they were to borrow from individual savers. If intermediaries did not have this ability, borrowers needing large amounts of money would find it more costly to obtain the funds they need, as they would have to pay higher interest rates to individual savers. This would decrease the demand for loans and slow down economic growth.

If Financial Intermediaries Did Not Have the Ability to Pool