Aug 14, 2021
Dear Madam Julia how long is it going to take to disbursed my loan? 8 days has paste since when it was full funded.please help me
Aug 15, 2021
Hi Chisenga, I see your loan was accepted on August 8 and a delay of this long is unusual. Disbursement delays are more common in Zambia than other countries because MTN requires us to keep two separate accounts, one to receive repayments and one to send disbursements, and to transfer funds between the two before disbursing loans. This past week we were unable to have MTN process the usual transfer to our disbursement account because of non-working days due to the election. We expect to resume disbursements next week when the MTN office reopens and can process the transfer.
Laurie and Suzan Sefa like this.
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