PowerKwacha- Instant loan

4.5
8.68K 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
8.64K reviews
Priscilla Elias
February 7, 2025
It's a very good app and fast, the only challenge I faced was the rudeness from the customer service to an extent of calling me all sorts of names and sending messages to my contact lists, cause of delaying in payments, I had some family crisis i was dealing with.
Eness Chapotamo
November 27, 2024
The app is a wonderful one...it would just be better if the amounts were optional instead of fixed ones. And the duration is just too short..we would appreciate it if you added more to that🙂.
158 people found this review helpful
PROKWACHA
November 28, 2024
Thank you for your feedback. We are working on such a feature.
Itod Lungu