Power kwacha
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Go to WebsiteAbout Power kwacha
PowerKwacha is a microfinance company in Zambia that offers quick online loans ranging from ZMW 100 to ZMW 5,000. With repayment periods of 91 to 120 days and interest rates between 10.95% and 27.98%, the platform provides accessible financial solutions. Applicants must be Zambian citizens aged 18 or older with stable income. Loans are processed through the PowerKwacha mobile app, ensuring a fast and convenient application process. The company operates from Lusaka and offers customer support via phone and email.
Amount
ZMW 100 - ZMW 5,000
Tenor
91 - 120 days
Min. Approval Time
24 hrs
Countries
Requirements
The basic requirements to apply for a loan on Power kwacha include:
- • Valid National ID
- • 18yrs above
- • Valid Phone Number
How to Apply
To apply for a loan with Power kwacha, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
Alternatively, you can download the lender's app on Google Play Store.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
FAQs
What channels can I use for free?
A web app - This is created immediately after they onboard and their customers can apply for loans via the app for free. They also get to use the admin console for free to manage their lending operations, however certain features are tied to plans so they might need to upgrade to have a more streamlined lending operation.
Can I get a custom app for my own preferences?
You can customize your web app to your preferences - the color, texts, how things appear to fix your business colors and brand. Mobile apps customized to your brand are on our paid plans and not readily available to users on the free tier.
I already have my own app, how can I still plug into Lendsqr’s infrastructure?
Lendsqr has APIs that you can utilize in your own app. We have a product, Adjutor that houses all our APIs without needing you to use Lendsqr's white-label apps
How do I get a demo or walkthrough for Lendsqr?
You can send an email to growth@lendsqr.com
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