Zidisha Forum

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New Recommendation Program

We are excited to announce that new members can now raise larger first loans using the new Recommendation Program. This has been made possible...

22 May 9

New payment options for Zambia

Due to recurring problems with the MTN system, we have introduced a new payment method for loans in Zambia which allows you to pay from Airtel and ...

3 Apr 28

Disbursement delay in Nigeria (now resolved)

Disbursements in Nigeria are temporarily delayed due to an issue on the part of our payment service (Paystack). We are working with the Paystack t...

1 Apr 19

New feature: Private funding option

We are excited to announce that we are now offering the option for entrepreneurs to raise project funding privately rather than crowdfunding from t...

11 Apr 18

Security deposits

Many members have been asking about the new refundable security deposits for early loans. This post is intended to clarify the policy and answer t...

7 Apr 15

New repayment instructions for Zambia

Dear members in Zambia, Due to a change in the way MTN is structuring its payments system, we have had to change the repayment instructions for ...

1 Jan 26

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...

17 Jan 14

Disbursement delay pending funds transfer in Zambia

Disbursements are currently delayed in Zambia because a technical issue in the MTN website caused us to disburse a set of loans in duplicate. ...

10 Nov 23

Borrower invite program paused

We are pausing the ability to send invites from borrower accounts for now, to protect the community from credit risk caused by misuse of the progra...

3 Nov 11

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...

4 Sep 18

Important change in project types and automated relending

For the past three months, Pay It Forward projects have been offered at Zidisha alongside traditional loans. Pay It Forward is a new funding concep...

7 Sep 7

Expediting service restored

Thanks to a small increase in the funding available, we have made the following changes: 1. The expediting service is again available. 2. We ...

18 Aug 28

Repayment schedule and payments forward display

In response to member feedback, the repayment schedule tab now displays for Pay It Forward projects as well as for traditional loans. Also, now th...

1 Aug 6

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...

9 Aug 5

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

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

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, 2021

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, 2021