Zidisha Forum

Subject Messages Last Message

Loans no longer carry risk fees

Starting today, loans no longer carry any risk fees. The only cost to entrepreneurs for raising a loan is the 5% service fee to cover the costs of...

13 Jul 29

Expediting temporarily unavailable

We recently discovered and corrected a technical error, which had caused some borrower Pay It Forward balances to be incorrect. The error was ...

5 Jul 26

Funds transfer delay in Ghana

Disbursements in Ghana are delayed as we await the arrival of an international funds transfer. It is scheduled to arrive this Wednesday or Thursda...

7 Jul 2

New Pay It Forward program

Pay It Forward is a new funding concept in which the entrepreneurs reinvest in other member projects instead of repaying lenders. Unlike our reg...

5 Jun 16

Disbursement delay in Zambia

Disbursements are delayed in Zambia because we are waiting for an international funds transfer to be credited to our account. The transfer is due ...

2 Jun 2

New feature: Guarantee cancelation option

Now that loan guarantors are responsible for guarantee payments for all loans taken within three months of the guarantee, we have received many req...

1 May 29

Changes to repayment schedule policies

Zidisha loans have had very flexible repayment schedule requirements, in order to ensure repayment does not become a burden in times of financial h...

15 May 29

Important change to loan guarantee program

Up until now, guarantors were only responsible for their guaranteed members' payments up until repayment of the initial loan. Unfortunately, t...

17 Apr 26

Disbursement service interruption in Ghana

We are unable to send disbursements in Ghana at the moment, due to a technical error in the platform of our payment processing service, Paystack. ...

3 Apr 12

Disbursement delay in Nigeria

Some disbursements in Nigeria are being delayed as we are working to transfer funds from the US to our Nigeria payment account. We are working wit...

23 Jan 31

Supporting the Zidisha community during the coronavirus pandemic

This message was sent by email to all members last Friday. It is reposted here to allow for discussion. Please feel free to post any questions in...

167 Jan 1

Technical error causing borrower account declines

A technical error has caused some borrower accounts to be incorrectly declined over the past three days. Please accept my sincere apologies for th...

72 Dec 24

Fees being added to Ghana repayments

Recently members in Ghana have reported that extra fees were being added to their payments to Zidisha, at the point payments were authorized. Th...

52 Dec 14

Zambia disbursement delay

Dear members in Zambia, Disbursements are currently delayed due to a technical error that is preventing us from accessing the MTN platform. We ...

49 Dec 7

Updates to Loan Guarantee program

The Loan Guarantee program is nine months old now, and we have seen consistently high repayment rates among guaranteed loans. For this reason, we ...

17 Nov 29

FAQ: Our response to the coronavirus pandemic

We have received many questions regarding Zidisha's response to the pandemic. Here are our responses to a few of the most common questions: 1. ...

62 Sep 16

Disbursement delay in Ghana

Loan disbursements in Ghana may be delayed for a few days because we are awaiting an international transfer of funds to arrive in our Ghana payment...

26 Aug 26

New: Thumbnail image cropping

We've added a new feature that will allow borrowers and lenders to crop a customized section of their profile photos for the thumbnail image (the c...

2 Jun 19, 2020

Ghana payment errors

Many members in Ghana are receiving a "transaction limit exceeded" error when attempting to make payments. This error is originating from our paym...

16 Jun 11, 2020

Optional MLF payments replaced with credit risk payments

Now that new loans carry required credit risk payments into the Members Loan Fund (https://www.zidisha.org/forum-thread/1629), most new loan applic...

33 Dec 11, 2019