| Interest Rate | 20% |
| Duration | From 30 Days |
| Access Level | Public |
| Company Name | PowerKwacha |
| Phone 1 | +260 772 815 047 |
| Phone 2 | |
| Website or Store | https://www.powerkwacha.app |
| Address | |
| Category | Mild Loan |
| Company Email | support@powerkwacha.co.zm |
| Views | 3,290 |
PowerKwacha
Training Videos
Frequently Asked Questions
Welcome to PowerKwacha, a platform dedicated to providing simple, fast, and secure online loan services to help you achieve your dreams, respond to emergencies, and easily obtain funds. We are committed to offering you the convenience of one-click loans, ensuring that your financial needs are met efficiently.
Main Features
- Quick Loan: Follow simple steps to receive funds within ten minutes.
- Online Application: Access funds online anytime, anywhere using your mobile phone.
- Safe and Reliable: Advanced encryption measures protect your personal information.
- Easy to Use: Whether you're new to loans or an experienced borrower, you can easily navigate our system.
Requirements
- Must be aged 18 or over.
- Must be a Zambian citizen currently residing in Zambia.
- Must have a stable job.
Loan Details
- Loan Amount: ZMW 100 - ZMW 5,000
- Loan Term: 91 - 120 days
- Annual Percentage Rate (APR): 10.95% - 27.98%
- Daily Interest Rate: 0.03% - 0.076%
- Maximum APR: 27.98%
Based on your credit assessment, we will provide a fair loan amount with no hidden fees throughout the process. For example, if you successfully apply for a loan of 1,000 ZMW with a repayment period of 120 days:
- Daily Interest Rate: 0.07%
- Service Interest Rate: 1%
Total Cost Calculation:
- 120 Days Interest: 1,000 ZMW * 0.07% * 120 = 84 ZMW
- Service Fee: 1,000 ZMW * 1% = 10 ZMW
- Total Repayment Amount: 1,000 ZMW + 84 ZMW + 10 ZMW = 1,094 ZMW
Kind Tips: We conduct loan transactions only through the official app and website. Please avoid making repayments through other channels.
Contact Us
For any queries or assistance, reach out to us:
- Phone: +260 772 815 047 / +260 772 815 325
- Official Website: https://www.powerkwacha.app
- Email: support@powerkwacha.co.zm
PowerKwacha is a trusted financial app supporting online lending for reputable urgent cash needs in Zambia. With years of reliable service, we have earned the trust of many customers by offering a variety of loan packages and flexible limits to meet all financial needs.
Product Information for PowerKwacha Loan
Loan Packages:
- Loan Amount: ZMW 100 to ZMW 5,000
- Interest Rates: 10.95% to 27.98% annually, depending on the chosen loan package.
- Loan Term: 91 to 120 days
- Additional Fees: Exempt from loan processing and service consultation fees.
Requirements:
- Must be aged 18 or older.
- Must be a Zambian citizen with stable employment and income.
Based on your credit assessment, PowerKwacha will offer a reasonable loan amount with no hidden fees. For example, if you register for a 1,000 ZMW loan with a 91-day term and an annual interest rate of 30%, plus a 1% service fee, your total cost will be 1,084.79 ZMW, including 74.79 ZMW in interest and a 10 ZMW service fee.
Operating Procedure for PowerKwacha Loan App
- Download and Install: Get the PowerKwacha app from the website or Google Play Store.
- Register and Apply: Create an account and apply for a loan.
- Receive and Repay: Receive your loan and ensure timely repayment.
Note: Ensure accurate bank account details are provided to facilitate proper fund disbursement.
Why Choose PowerKwacha Loan?
- Convenient Online Registration: Apply and borrow using your mobile phone.
- Credit-Based Borrowing: No collateral required.
- Simple Process: Easy registration and application.
- Competitive Fees: Transparent and clear additional charges.
- Data Security: Strict verification and data protection procedures.
- Professional Support: Available 24/7.
- Licensed Product: Hi-Fin Lending Inc. is licensed by the SEC, ensuring no worries about fraud.
Ready to experience financial convenience? Download the PowerKwacha app today and take control of your finances with ease!