PowerKwacha
Information
PowerKwacha delivers modern online lending services in Zambia. The app is designed to help you take control of your financial needs—from short-term expenses and emergency situations to personal plans. With just a few taps on your phone, borrowers can easily access transparent and secure loans, with no complicated procedures and no long waiting time.
- Complete the process and receive funds in about 10 minutes
- Register and manage your loan easily right on your phone
- Advanced technology to fully protect personal information
- User-friendly interface, suitable even for first-time users
Steps to apply for a loan on the PowerKwacha App
Step 1: Visit the official website or Google Play to download Power Kwacha and open the app.
Step 2: Enter your phone number, create an account, and verify your personal information as instructed.
Step 3: Choose the loan amount and repayment term that suit your financial needs.
Step 4: Complete the required information and submit your loan request for automatic system assessment.
Step 5: Once approved, the funds will be disbursed directly to your account within minutes.
Note: Power Kwacha only provides lending and loan repayment through its official app and website. Please do not make payments through any other channels to avoid potential risks.
Don’t miss today’s attractive interest rate offers. Apply now on PowerKwacha to access a safe and reliable financial solution in Zambia.
Loan Calculator
Number of Loans
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Loan AmountFrom ZMW 100 – ZMW 5,000
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Loan TermFrom 91 – 120 days
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Interest RateDaily interest rate 0.03% – 0.076%
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Loan Service FeeService fee up to 1% of the loan amount
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Eligibility RequirementsOver 18 years old, stable income
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Repayment SupportPayment via bank transfer or e-wallet
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Loan AmountFrom 300 ZMW – 5,000 ZMW
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Loan TermFrom 121 days – 365 days
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Interest RateFrom 16.71% - 23.31% per year
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Service FeeService fee 1% of the loan amount
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Eligibility RequirementsResidents of Zambia, Age between 21 and 65
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Payment SupportPay via Nguzu Advanced App
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Loan AmountFrom 5,000 ZMW to 50,000 ZMW
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Loan TermFrom 180 to 360 days
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Interest RateFrom 44.165% to 85%
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Service FeesNo registration fees
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EligibilityNo collateral or guarantor required
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Repayment SupportMonthly installment payments
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Loan AmountFrom 1,500 ZMW to 10,000 ZMW
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Loan Terminimum 100 days – Maximum 330 days
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Interest RateCompetitive rates starting from 12%
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Service FeesNo hidden fees, 100% free
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Eligibility RequirementsZambian citizens or residents aged 20–65
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Repayment SupportPayment via bank transfer and e-wallets
