Cape Coast, Ghana
Jun 9, 2021
Thank you my sweet mother for invited me to join.But I have gone through the procedure but there is no button to access the
(Q1) please if I fund the member I choose and the member default is that defaulting member will affected my pay it forward program?
(Q2) please I have outstanding loan on other platform so if I deposit on pay it forward program will that allows me to apply a loan on pay it forward program?
(Q3) please is volunteer mentor program works here?or there will be a new volunteer mentor's here?
(Q4) please is there any disadvantage on pay it forward program?
Gabriel Opoku likes this.
Jun 9, 2021
Hi Sammuel, thanks for posting here! To answer your questions:
In order to participate in Pay It Forward, any outstanding Zidisha loans you have must be repaying on time. Once your loan is up to date with scheduled payments, the button to access the Pay It Forward application form should appear.
If you fund or invite a member to Pay It Forward, it won't affect your Pay It Forward program credit limit if that member defaults.
You may raise a Pay It Forward project while you have an outstanding Zidisha loan, as long as the Zidisha loan is repaying on time.
We don't have volunteer mentors for the Pay It Forward program yet but may do so in the future.
There is no disadvantage to the Pay It Forward program as long as you are willing to have your project profile display on the internet (the same as with Zidisha loans). The program is intended to be even more entrepreneur-friendly than loans.
Laurie, Ketty Shamakamba, Monica Awole, Sammuel Aidoo, Gabriel Opoku, Scott Walker, Richard Frempong, Stephen Anlimah and Emmanuel Yankyera like this.
Thank you very much for your answers may almighty God bless you and your family and guide you forever.keep safe!!!
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