Last updated on June 13th, 2025 at 08:31 pm
We tested the best loan apps in Zambia to help you decide which one is right for you. Our team downloaded each app, studied user reviews, checked the number of installs, and rated each based on speed, transparency, ease of use, and customer service. This review is based on real tests done in 2025 and verified by actual borrowers.
What Makes a Loan App the Best?
Not all apps are equal. The best loan apps are fast, clear, and secure. We looked for apps that:
- Disburse funds within 24 hours
- Require little to no collateral
- Are available on Google Play
- Have good customer reviews (3.5+ stars)
- Work well on most Zambian phones
Our Review Process and Criteria
To remain unbiased, we reviewed each app using the same process:
- Download and install test
- Apply for a loan (or simulate)
- Check response time
- Read 50+ recent reviews
- Compare download numbers
Best Loan Apps in Zambia (Ranked)
Here are our top picks for 2025:
1. PowerKwacha – Instant Loan
Rating: 4.5 ★
Downloads: 500K+
Size: 5.2 MB
Developer: PROKWACHA
PowerKwacha is one of the top-rated loan apps in Zambia. It has a strong 4.5-star rating from thousands of users. With over 500,000 downloads, it shows that many people trust it.
The app is easy to use. You can get a loan in 5 minutes. Most users say they get the money fast. It also offers flexible repayment plans.
Why Choose PowerKwacha?
- High approval rate
- Fast cash disbursement
- Small file size for quick download
2. Mwachangu
Rating: 4.4 ★
Downloads: 500K+
Size: 4.2 MB
Developer: Mwachangu
Mwachangu is a popular choice for Zambians who need small, short-term loans. With a 4.4-star rating and over 500,000 downloads, many users trust the app.
It has a fast loan process. You can get a loan within minutes if you meet the requirements. The app is light and does not use much phone space.
Why Choose Mwachangu?
- Fast loan approval
- Good for small, urgent needs
- Easy to repay through mobile money
4. FairMoney Loans Zambia
Rating: 4.4 ★
Downloads: 10M+
Size: 40 MB
Developer: Fairmoney Tech
FairMoney is a global loan provider and trusted by many Zambians. It has a high download count of over 10 million worldwide and holds a 4.4-star rating on Google Play.
The app gives higher loan limits and longer repayment periods than many others. It’s ideal for salary earners and small business owners.
Why Choose FairMoney?
- Large loan amounts
- Trusted brand with a wide user base
- Extended repayment terms
Nguzu Lending
Rating: 4.7 ★
Downloads: 100K+
Size: 16 MB
Developer: N Developer Zambia
Nguzu Lending is one of the highest-rated loan apps in Zambia with a 4.7-star rating. Though it has fewer downloads (100K+), the quality of service stands out.
Nguzu supports users with simple loan offers and quick cash. It works well for people with regular incomes and gives clear loan terms.
Why Choose Nguzu?
- Very high user rating
- Clear loan terms
- Smooth user interface
Lupiya
Rating: 3.9 Google Play
Downloads: 10K+
Platform: Web + Mobile
Lupiya is a well-known online lending platform in Zambia. It offers loans to civil servants, businesses, and informal workers. You can apply online or via its mobile app.
It gives higher loan amounts than most mobile apps and allows longer repayment periods.
Why Choose Lupiya?
Great for civil servants and businesses
Easy online application
Trusted Zambian brand
Best Loan Apps in Zambia Without Collateral
If you don’t have assets to secure a loan, you still have options. These apps work well without requiring collateral:
- Mwachangu
- PowerKwacha
These apps only ask for your NRC, mobile money number, and sometimes employment info.
Common Requirements to Apply for a Loan
Most apps in Zambia ask for:
National ID (NRC)
Active mobile money account (Airtel or MTN)
Zambian phone number
Basic income info
No paperwork. No queues.
Pros and Cons of Using Loan Apps
Pros:
Fast and easy process
No collateral needed in most cases
24/7 application available
Cons:
High interest rates if not repaid on time
Strict penalties for missed payments
Final Thoughts on Choosing the Right App
Choosing the best loan app in Zambia depends on your needs. If you need fast cash with no strings, go for PowerKwacha. For repeat use, Mwachangu is a solid pick. Need a larger amount? Try Lupiya.
Compare fees, read reviews, and only borrow what you can repay.
Frequently Asked Questions (FAQs)
1. Which is the best loan app in Zambia without collateral? PowerKwacha is currently the fastest and most reliable app that does not require collateral.
2. Can I apply for a loan if I am unemployed?
Some apps like Mwachangu accept applications from civil servants and informal workers.
3. What’s the minimum loan I can get from these apps?
Most apps offer a minimum of K50 to K100.
4. Are these loan apps legal in Zambia?
Yes. Most are registered businesses that follow local lending laws.
5. How long does it take to get approved?
It can take as little as 5 minutes with apps like FairMoney up to 10 Minutes with others.
Need help choosing the right loan? Visit Loans in Zambia for more advice.