Zidisha 1.4.46
Free Version
Publisher Description
We're an international lending community that offers responsible, high-achieving people the chance to raise loans directly from ordinary people all over the world.
Why join Zidisha?
- Open to everyone: You do not need to have collateral assets, a bank account, guarantors, or a salaried job to raise a loan.
- Interest-free: Each loan carries just a 5% service fee.
- Flexible: You choose your own weekly repayment schedule.
- Community: Loans are funded by other Zidisha members, not banks. You become part of a supportive community of entrepreneurs and lenders from all over the world.
What are the eligibility requirements?
- Have your own Facebook account with extensive social connections.
- Have a source of income that will allow you to make repayments each week.
- Be able to secure recommendations from people in your community.
How much can I borrow?
Your starting credit limit depends on whether you have an invite from a Zidisha member in good standing, and whether you choose to make a security payment into the Members Loan Fund. Your credit limit will increase with each loan depending on your record of on-time repayments, up to a maximum of US $10000. You can earn bonus credit limit increases on top of the base credit limit by inviting new members or serving as a Volunteer Mentor.
What are the fees and interest?
Zidisha loans do not carry interest. The total cost for each loan is a service fee of 5% of the loan amount, to cover the cost of transferring and administering the loan.
Members are also asked to pay a one-time membership fee in order to join Zidisha. The current membership fee 10% of the starting credit limit chosen.
Members who choose to begin borrowing with larger starting credit limits must make a one-time payment into the Zidisha Members Loan Fund, which is used for reimbursing lenders in the event of default.
Fees are paid only if the you succeed in raising a loan, and entitle you to raise an unlimited number of loans of increasing amounts at zero interest.
About Zidisha
Zidisha is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Zidisha is Zidisha Inc.. The latest version released by its developer is 1.4.46. This app was rated by 1 users of our site and has an average rating of 2.5.
To install Zidisha on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2017-12-08 and was downloaded 167 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Zidisha as malware as malware if the download link to org.zidisha.mobileapp is broken.
How to install Zidisha on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Zidisha is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Zidisha will be shown. Click on Accept to continue the process.
- Zidisha will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
