Forum > Borrower Questions > Credit limit reduction Forum Guidelines

  • Nyarko Gyimah
    Takoradi, Ghana

    Mar 22, 2018

    Please my credit limit has reduced from around 800 GHS to around 700 GHS. What may have caused the change? @joost can you assist?


    • Volunteer Mentor
      Kusi Obodum
      Kumasi, Ghana

      Mar 24, 2018

      This has happened to all.I think more information will come from President Julia


      Nyarko Gyimah likes this.

  • Country Liaison
    Laurie
    United States

    Mar 24, 2018

    Regarding your credit-limit reduction, it may be because of the current scarcity of lending capital. Although I think there isn't usually an announcement about it (correct me if I'm wrong, anyone), our Director sometimes reduces credit limits across the board when lending capital is scarce.

    That said, technical glitches often happen; therefore, in case it possibly could be due to that, anytime there is something that seems amiss with your account, please always send in a Support Ticket (and please be patient for a reply; Zidisha currently is very short-staffed). Thank you.


  • Zidisha Volunteer
    dave2319
    United Kingdom

    Mar 25, 2018

    Nyarko, I recently asked our Director, Julia, about credit limits because we've received quite a few queries recently from borrowers about credit limits changing.

    She said that we try to make it clear to borrowers (via the explanation at the top of the Current Credit Limit page, for example) that the amounts are subject to change. She said the increase rates, bonus rates, etc. are often adjusted in response to user behaviour and to help balance the supply and demand of lending capital, but once offered for a given loan do not change.


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