Forum > Borrower Questions > Loan funding Forum Guidelines

  • Nelly Mungai
    Ruaka Town, Kenya

    Dec 13, 2017

    Hey,can someone kind me,this the third I am applying my loan but hasn't been funded.what could be wrong,.can someone check my account and advise me .thank you


    • Mary
      United States

      Dec 14, 2017

      Hi Nelly, Your repayment rate at 51%, which overall is poor. As a lender I look for borrowers with a repayment rate of 90% or better. Zidisha allows borrowers to adjust payments. I would rather see pennies paid back at a time rather than missed payments.
      When lending I look at repayment rates, how many loans the borrower has had and paid back, and read the discussions to see who I should lend to. With limited lending funds, I will pick who I know will really try to pay me back on time. Wouldn't you do the same? I would recommend really working on your repayment rate. Make those payments on time. Zidisha is competative and you will need to improve to compete. Regards, Mary

      • Nelly Mungai
        Ruaka Town, Kenya

        Dec 16, 2017

        Hello Mary,thank you for your honest opinion.I completely understand however I do intend to improve my repayment rates .in the coming.
        Regards,nelly


      • Nelly Mungai
        Ruaka Town, Kenya

        Dec 16, 2017

        My sincere apologies to all the lenders for failing to make payments on time,and other borrowers for denying you opportunities for your loans to be funded


      • Volunteer Mentor
        Su Rono
        Grobogan, Indonesia

        Dec 16, 2017

        amazing answer, thank you hopefully can be our passion for payment on time to avoid things that are not in want

        Translated by Google     Show original

        jawaban yang menakjubkan , terimakasih semoga bisa menjadi semangat kepada kami untuk pembayaran tepat waktu untuk menghindari hal yang tidak di inginkan



  • Volunteer Mentor
    Fitri Fauziyah
    Kota Surabaya, Indonesia

    Dec 13, 2017

    Hi Nelly, why don't you send more picture about the product on your store/ online store on your discussion page. Send picture what kinds of bags, shoes, laptop that you will buy when your loan get funded 100%.
    I read on old forum that ontime score one of the things lender see before they decide to support a borrower, but don't let your spirit going down. I knew you have read Julia announcement so you know the situation right now, more loan application then lending capital. Keep your hopes up and try to see on lenders perspective. As a lender what do you wanna see on your loan proposal ? I hope your loan will get fully funded soon .

    Translated by Google     Show original

    Hi Nelly, why don't you send more picture about the product on your store/ online store on your discussion page. Send picture what kinds of bags, shoes, laptop that you will buy when your loan get funded 100%.
    I read on old forum that ontime score one of the things lender see before they decide to support a borrower, but don't let your spirit going down. I knew you have read Julia announcement so you know the situation right now, more loan application then lending capital. Keep your hopes up and try to see on lenders perspective. As a lender what do you wanna see on your loan proposal ? I hope your loan will get fully funded soon .


    Joseph Saaquah likes this.

  • Nelly Mungai
    Ruaka Town, Kenya

    Dec 13, 2017

    Thank you,for your advise.



  • Joseph Saaquah
    Accra, Ghana

    Feb 17, 2018

    Best answer from our dear mother Mary,Our dear Mary had said it all.good luck



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