Credichola - Online loan app
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About this app
Credichola is an online personal loan platform in Zambia. Eligible users can apply for a loan online and, if approved, receive the disbursed funds in their mobile money account. Credichola provides an online process for submitting and managing personal loan applications.
We use data-based risk assessment for credit scoring and fraud prevention. Personal data is handled as described in our Privacy Policy.
Why choose Credichola?
Apply for personal loans of up to K20,000, subject to eligibility and approval.
Review the applicable interest rate, service fee and repayment terms before accepting a loan.
How to apply for a loan?
Download the Credichola app.
Register and complete the required information.
Review the available loan terms and submit your application for assessment.
Product Details:
Loan Amount: K50 to K20,000
Repayment Period: 91 to 180 days
Maximum Interest Rate: 0.1% per day
Maximum Service Fee Rate: 0.3% per day
Maximum APR: 146% per year
Representative Example:
For a loan principal of K20,000 with a repayment period of 91 days:
Interest: K20,000 × 0.1% × 91 = K1,820
Service fee: K20,000 × 0.3% × 91 = K5,460
Total cost of the loan: K1,820 + K5,460 = K7,280
Total repayment amount: K20,000 + K7,280 = K27,280
Maximum APR: 146% per year
Application Conditions:
Be a Zambian citizen.
Be 18 years of age or older.
Have a monthly income.
Information Security:
Your information is used for identity verification, loan application assessment, fraud prevention, account security, service administration and repayment management, as described in our Privacy Policy. We disclose personal data only as described in our Privacy Policy, with consent where required or on another lawful basis permitted by applicable law. We use appropriate technical and organisational measures, including encryption in transit, to protect personal data.
Contact us for any inquiries.
Email: help@credichola.com
Address: Plot No. 160, Lilanda Estates, Lusaka, Zambia
To learn more about Credichola's privacy policy, click the link below:
https://cred.credichola.com/privacy-policy
We use data-based risk assessment for credit scoring and fraud prevention. Personal data is handled as described in our Privacy Policy.
Why choose Credichola?
Apply for personal loans of up to K20,000, subject to eligibility and approval.
Review the applicable interest rate, service fee and repayment terms before accepting a loan.
How to apply for a loan?
Download the Credichola app.
Register and complete the required information.
Review the available loan terms and submit your application for assessment.
Product Details:
Loan Amount: K50 to K20,000
Repayment Period: 91 to 180 days
Maximum Interest Rate: 0.1% per day
Maximum Service Fee Rate: 0.3% per day
Maximum APR: 146% per year
Representative Example:
For a loan principal of K20,000 with a repayment period of 91 days:
Interest: K20,000 × 0.1% × 91 = K1,820
Service fee: K20,000 × 0.3% × 91 = K5,460
Total cost of the loan: K1,820 + K5,460 = K7,280
Total repayment amount: K20,000 + K7,280 = K27,280
Maximum APR: 146% per year
Application Conditions:
Be a Zambian citizen.
Be 18 years of age or older.
Have a monthly income.
Information Security:
Your information is used for identity verification, loan application assessment, fraud prevention, account security, service administration and repayment management, as described in our Privacy Policy. We disclose personal data only as described in our Privacy Policy, with consent where required or on another lawful basis permitted by applicable law. We use appropriate technical and organisational measures, including encryption in transit, to protect personal data.
Contact us for any inquiries.
Email: help@credichola.com
Address: Plot No. 160, Lilanda Estates, Lusaka, Zambia
To learn more about Credichola's privacy policy, click the link below:
https://cred.credichola.com/privacy-policy
Apply for personal loans in Zambia
Updated on
Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
What’s new
1. Improved compatibility for a smoother app experience.
2. Added account deletion in Profile.
3. Enhanced app security and stability.
2. Added account deletion in Profile.
3. Enhanced app security and stability.
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About the developer
TALKSPHERE INVESTMENT LIMITED
help@credichola.com
Plot No. 160, Lilanda Estates
Lusaka
Zambia
+260 77 9068762
