Forum > Borrower Questions > Loan defaults
I strongly believed that borrowers who have failed to repay their loan have made some lenders developed some mistrust in the system (Zidisha). This has made our loans not funded. For me,this is my sixth loan raised but still not funded.
My suggestion is that once we provide identities before we approved during registration, I suggest that Zidisha take some steps to arrest those people. I hope this can be done through volunteer mentors in each country. I believe they can assist Zidisha to do that. For me, I know of eight people through their pictures in the Zidisha system who are defaulters. I have even advised some of them to reduce repayment but it seems they are not helping out.
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