PowerKwacha- Instant loan

4.5
9.74K reviews
100K+
Downloads
Content rating
Everyone
Screenshot image
Screenshot image
Screenshot image
Screenshot image

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
9.7K reviews
Gift Nkandu
April 7, 2025
Hello Power Kwacha Team, I just wanted to express my exceptional experience with your money app. The services I received were top-notch, and I'm thoroughly impressed with the app's performance. The user interface is seamless, and the transactions are processed quickly and efficiently. Kudos to your team for providing an outstanding experience! I'm giving your app a 5-star rating and looking forward to continuing to use it. Keep up the excellent work.
49 people found this review helpful
PROKWACHA
April 9, 2025
With every new app version we are introducing new features and improving existing ones. We are sure that your feedback will only help us improve further.
Beatrice Sikichi
April 16, 2025
Not what I expected. They make certain promises about improving your loan offers, but that hasn’t been my experience—even after doing everything right. Reaching out doesn’t really change anything either. their customer service center is useless Also, the repayment period feels too short for anyone trying to actually use the money to grow something. Just not as helpful as it seems at first.
5 people found this review helpful
PROKWACHA
April 16, 2025
We're always looking to improve your experience. Any specific incident we can look into for you? Let us know by reaching out to <0772815325/0772815047>.
Chipo Shaba
April 23, 2025
Customer service is good but I have a problem with the installment plan, I've been using the app for a month plus and I always pay before the due date but my installment plan isn't upgrading, it's stuck at 8 days
PROKWACHA
March 11, 2025
Hi, thank you very much for your feedback.

What’s new

Fix some bugs.