PowerKwacha- Instant loan

4.5
7.21K reviews
100K+
Downloads
Content rating
Everyone
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About this app

[PowerKwacha]: ENABLING FINANCIAL INCLUSION THROUGH TECHNOLOGY
Welcome to [PowerKwacha], we provide you with simple, fast and safe online loan services to help you realize your dreams, respond to emergencies and easily obtain funds.
We are committed to allowing you to experience the convenience of one-click loans through [PowerKwacha] and easily solve your financial needs.
Main Features:
1) Quick loan: According to the steps, you can get funds within ten minutes.
2) Online application: Use your mobile phone to obtain funds online anytime, anywhere.
3) Safe and reliable: Use advanced encryption measures to protect the security of your personal information.
4) Easy to use: Whether you are a newbie or an experienced loan user, you can easily get started.
Requirements:
-Age 18 or over
-Zambian and currently residing in Zambia
-Have a stable job

Loan Details:
Loan amount: ZMW 100- ZMW 5000
Loan term: 91-120 days
Annual percentage rate (APR): 10.95% - 27.98%
Daily interest rate: 0.03% - 0.076%
Maximum Annual Percentage Rate (APR):27.98%
Based on your credit assessment, we will give you a fair amount. There are no other hidden fees for the entire process.
If you successfully apply for a 1000 ZMW loan, the repayment period you choose is 120 days.
The Daily interest rate of the loan is 0.07%, and the service interest rate is 1%
Your final total cost is as follows:
120 days interest: 1000*0.07%*120=84 ZMW
Service fee: 1000*1%=10 ZMW
Total repayment amount: 1094 ZMW

Kind Tips:
We will only conduct loan business on the official APP and website, please do not repay through other channels.

Contact Us:
Contact: +260 772 815 047 / +260 772 815 325
Official Website Address:https://www.powerkwacha.app
Email: support@powerkwacha.co.zm
Updated on
Oct 22, 2024

Data safety

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.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
App activity and App info and performance
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.5
7.18K reviews
Hluthando Jere
November 19, 2024
Absolute worst app! I tried to pay back my loan 3 days before its due. And the app does not work. There is no number to contact. And when i filed the complaint on the app, no response from the company. Then a day after its due they call me and charge me a late fee! This business is a SCAM. DO NOT TAKE A LOAN FROM THIS APP. Never again will i use this app and i will NEVER. Recommend anyone to use it unless you want to lose money. 0 stars. Worst!
PROKWACHA
November 12, 2024
Hi, we'd love to help you. Please write to <0772815047/0772815325> and our team will help resolve your issue quickly.
Mpandashalo Evans Mwewa
October 28, 2024
They are a very professional firm. Even on the last day of the loan I only got one call as a reminder, unlike the previous firm I used to deal with. With a good credit rating, funds now get disbursed in less than 5 minutes. They should also offer referral benefits!
72 people found this review helpful
PROKWACHA
October 29, 2024
Hi, thank you very much for your feedback.
Mr. “Moyo”
November 12, 2024
Good management, very professional institution, safe, fast and easy to use.. I like the app it's lightening speed is second to none, keep it going.
17 people found this review helpful
PROKWACHA
November 14, 2024
Hi, thank you very much for your feedback.

What's new

Fix some bugs.