Zidisha is an online microlending community that directly connects lenders and entrepreneurs, without intermediaries. Zidisha loans are offered to anyone who has the Zidisha app, a valid ID and a good reputation based on recommendations from friends and family. Usually, entrepreneurs post their loan applications as well as their reason for taking the loan, and individuals who give loans in Ghana 2021 who are also on the app, decide if they would like to fund partially or fully of the entrepreneur’s loan amount.

Hence, Zidisha loans can be as little as $1 and as large as the amount the entrepreneur posted that they needed. There is no interest rate when borrowing from Zidisha. However,  there is a service fee of 5% of the loan amount as well as an on-time membership fee of 40 Ghana Cedis.