Forum > Borrower Questions > My loan vs time Forum Guidelines

  • Volunteer Mentor
    Amos Shutu
    Mtwapa, Kenya

    Mar 1, 2018

    My names are Amos Shutu and has posted a loan that has taken one month and now is 0% funded and four Days left for it to expire..My repayment records had been well and always early.. What can I then do so that my loan is fully funded


    Samwel Nyangi and Alex Tsuma like this.
    • Country Liaison
      Laurie
      United States

      Mar 1, 2018

      Hello, Amos! :-)

      I'm sorry to hear this is happening to you, too.

      Please review one of the standard replies we send to Support-Ticket inquiries on this topic:

      Whether or not a loan gets funded depends, in part, on the quality of your loan profile page, and on your previous history of on-time repayments if this is not your first loan.

      At the following page, we have put together some advice for making your loan profile page attractive to lenders, in case there may be some ideas there that you maybe haven't tried yet but would like to try: www.zidisha.org/feature-cri...

      IMPORTANT: Please also be aware that there isn't necessarily anything wrong with your loan application, but rather it could be just timing. We cannot control when lenders log in and check the "Browse Projects" page to see what projects are available to help fund. Lenders are ordinary people from around the world who have created lending accounts on the Zidisha platform to help borrowers. They do not always log in, and they do not always have funds available to lend.

      Please be patient, and please don't give up.

      If your application expires without being funded, you are welcome to post another new loan application, to try again. As long as you still have an active borrower account, you can do that as many times as it takes for a loan request of yours to become funded.

      • Volunteer Mentor
        Amos Shutu
        Mtwapa, Kenya

        Mar 5, 2018

        Thanks Laurie for the greatcorncern and the detailed answer..I got it and I feel I should help contribute something to Zidisha and to Julia and the whole administrative team...We borrowers and Lenders are facing similar problems either lending and borrowing..Lenders cannot meet the borrowing due to less lending capital..My concern is about invite priviledges and new applications I Suggest that the profile of ZIDISHA BE EDITED TO welcome new borrowers only as Introduction and inform them that your are welcoming them for introduction and that zidisha will send them emails when the lending Capital is available .This will not only add confidence to borrowers but will also help Lenders get the trustworthy borrowers..Secondly I suggest that Lenders to contribute 50% to Zidisha and the other 50% of their lenging capital to lend the projects they can choose.The amount sent to zidisha can be used to fund certan projects in fully or 80% and the same Lenders to make it reach 100% This will reduce the bulk of waiting loans.


      • Volunteer Mentor
        Amos Shutu
        Mtwapa, Kenya

        Mar 9, 2018

        Many thanks Laurie for the detailed answer..I also suggest due to shortage of lending capital I sugest that the lenders to support the borrowers who have shown trust and the moment lending capital increases they they can continue lending the fresh and new borrowers.


    • Country Liaison
      Laurie
      United States

      Mar 1, 2018

      Please also read all of the information at the following link, too, if you haven't already: www.zidisha.org/forum-threa... (thread 1295, comment 4428)

      It provides other clarifications, as well, some of which you and/or your "mentees" may not yet know, but maybe would find helpful to know...


      Fitri Fauziyah and Alex Tsuma like this.
      • Joseph Saaquah
        Accra, Ghana

        Mar 2, 2018

        Thank you very much dear Laurie for boosting my faith. I was a little down as my loan keep expiring but this coming from you has really calm me down. I know all shall be well in the appropriate time. God bless you dear.



  • Volunteer Mentor
    Jones Mwang'ombe
    Mtwapa, Kenya

    Mar 3, 2018

    Hallo Amos,
    I can imagine how frustrating it can get since you had a lot in plan already. The key word here is PATIENCE. Looking on your records, let me assure you that it's going to funded fully. It's just a matter of time bro.
    All the best.

    • Volunteer Mentor
      Amos Shutu
      Mtwapa, Kenya

      Mar 13, 2018

      Thanks Jones for the moral uplift .Its very true that its frustrating to wait for long and at the end no funding,



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