Renovation

Patrick    Aug 22, 2019

thanks very much for giving me this loan. i am going to use it to buy a new machine to help boost my business

Lotus Flower    Jul 3, 2019

Patrick, please be aware that although the two (2) people currently on the Staff also are lenders, most lenders are *not* on the Staff and cannot help you with anything technical, or usually with anything administrative either.

Therefore, your borrower-lender Discussion page isn't the correct place to try to reach the Staff (a/k/a Team: www.zidisha.org/team), because the Staff almost never visits these borrower pages.

Your borrower-lender Discussion page is for you and your lenders to talk to each other about your projects and your life in general, and theirs, too, if they wish to share. It also is for mentors to post messages for you and/or for your lenders.

To reach the Staff, though, please always click on the HELP link in your account. Thank you.

Patrick    Jul 2, 2019

i don't understand certain things here, i have been consistent with my payment but now that i am creating another loan proposals, they are now asking me to pay Ghs 80.00 before i can continue my loan proposal. Julia should come out and tell us the truth about that premium membership payment and credit risk fees which they say it is refundable but we don't see any link in our dashboard to refund our monies.

they should remember we using the loan for business, if i should pay Ghs 80.00 before i get my next loan which will not be increased to level which i want, then i don't know the importance of that payment.
madam Julia should quickly explain this me immediately.

• Taun Stewart    Jul 2, 2019

  Patrick contact me directly at [email protected]

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• Lotus Flower    Jul 2, 2019

  If you read the "Announcements" section in the Forum, you would see that Julia announced some time ago that the Credit-Risk Fee is refundable only for loans taken out prior to December 17, 2018.
  
  It's my understanding that this has become necessary due to a higher rate of defaulting on the platform, so the "insurance" fund that that fee money goes into is for reimbursing lenders at least some of what they lose to defaults of any borrower (not just you, since it works very much like other types of insurance, where everyone pays premiums, but nobody gets refunds if the insurance doesn't get used personally for them). Even as high as the fees unfortunately have become, Zidisha still does not collect enough to compensate lenders for the full amount of all defaults. But at least when they get some portion back from the "insurance" fund, then that BENEFITS BORROWERS because most Zidisha lenders are not rich people and depend on repayments to be able to help borrowers with new projects in the future.

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  • Patrick    Jul 3, 2019

    I understand you perfectly but i think the one time premium membership should be stable. previously it was Ghs 40.00 and just a moment, it has increased to Ghs 80.00 of which if i pay, i may not get the amount i want to boost business.
    i think lenders can also talk to zidisha staffs to manage their things well
    thanks

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    • Lotus Flower    Jul 6, 2019

      No, lenders don't have any more influence over the two Staff members than borrowers do. What you can and should do is the same as anyone can do, which is to post in the Forum about it. I didn't know that was happening, and I'll bet others don't know, too. You can start a conversation about it in the Forum, and the Staff will see it.

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• Lotus Flower    Jul 2, 2019

  The best hope Zidisha borrowers have of fees being reduced to the lower levels they used to be at, long ago (just a one-time Membership Registration Fee, and a per-loan 5% Service Fee), is if ideally every borrower, or at least the vast majority, honor the obligations they enter into here, in a timely manner. It isn't easy, I know, and I definitely sympathize, but that's the only hope. Even if some wealthy individual or organization were to gift a million dollars to the platform, if defaults continue to occur at a high rate, that money would disappear, too. So, the success of the platform really is in the hands of the borrowers, first and foremost.

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Patrick    Jun 27, 2019

good day to you Stewart and Paul, i am very grateful for the loan you granted me. i am also happy to tell you that the loan has helped me a lot and and been fully repaid to Zidisha. hope to get bigger amount from you next time.
thank you very much

Patrick    Jun 17, 2019

Good day Stewart and Paul

I am sorry for not updating you on the loan. it was due to failure of the system. I am grateful for given me that loan, it has really helped me a lot.
I wish you grant me bigger amount next time.
thank you so so much. may god richly bless you guys

Patrick    Jun 6, 2019

i am going to use this loan to transport items from the market to my workplace for renovation. this is going to help me get more customers for business. thanks very much for granting me the loan. zidisha is number 1

Patrick    Jun 5, 2019

I used my previous loan for a repair of a machine I use at my workplace. It really help me when the money I am supposed to use was not enough for the repairs. Zidisha is indeed a very good financial organization.

Patrick    Mar 14, 2019

this is what I see on my dashboard when I try to repay a debt, please how do I go about it?
I paid some yesterday and it wasn't like that. kindly help as early as possible to be able to repay my debt.

thanks

• Lotus Flower    Mar 14, 2019

  Patrick,
  
  Please keep in mind that although the two (2) current members of the Staff, a/k/a Team (www.zidisha.org/team) also are lenders, all of the rest of the lenders are *not* on the Staff.
  
  Your borrower-lender Discussion page isn't for trying to reach the Staff, because they almost never visit these borrower pages.
  
  Instead, to reach the Staff, always click on the HELP link in your account. Thank you.

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Patrick    Mar 14, 2019

good day, please I am trying to repay my debt but when I try, the system says it successful I should use my account 0557812010 to pay to 600201 on my phone but I can't really do it. kindly help me

Patrick    Mar 12, 2019

kindly help me, I just registered as a member but I want to upgrade to premium. is it possible?
if yes, how do I go about it since I am registered as a member?
thanks