Updated List of instant money lenders in Zambia

Just for your quick money, this post will provide a list of instant money lenders in Zambia and some traditional credit providers across the country. All you have to do is choose your favorite and borrow.

money lenders in zambia
Image credit: Attigo

Here is a list of some notable instant money lenders in Zambia:

  1. Biumoney Zambia
    Offers fast, mobile-based loans with approval within minutes. Borrow amounts start at ZMW 500, with flexible repayment terms. Applications are 100% online, and disbursements are made via mobile money wallets. More details are available on their website

  2. PremierCredit Zambia
    Provides instant loans for individuals, accessible via their app or USSD (*559#). The service is user-friendly, offering low-interest rates and convenient repayment plans

  3. ElitPay Zambia
    Specializes in short-term loans such as salary advances and micro personal loans. Applications are processed online, with funds disbursed within a day. Collateral might be required depending on the loan type

  4. Liberty Credit Zambia
    Offers various loan products, including payday and business loans, with approvals often completed within 24 hours. Amounts range from ZMW 500 to ZMW 50,000

  5. Tottengram Fin Services
    Provides fast loans of up to ZMW 5,000, with a focus on personalized and flexible repayment terms. Disbursements can be as quick as within 24 hours

  6. ExpressCredit Zambia
    Specializes in payday loans with amounts up to ZMW 10,000. The application process is straightforward, available online or at branches, with approvals in as little as 15 minutes

If you wish to learn more or apply, visiting their respective websites or offices is recommended for specific terms and conditions.

List of all money lenders in Zambia

Here is a list of some money lenders in Zambia, including both traditional institutions and private lenders:

Microfinance Institutions and Lenders

  1. Bayport Financial Services

    • Offers personal loans and financial solutions with flexible repayment terms.

  2. Izwe Loans Zambia

    • Provides personal and business loans with amounts up to ZMW 150,000.
    • Focused on civil servants and formal sector employees.

  3. ExpressCredit Zambia

    • Specializes in payday and longer-term loans. Quick application process online or at branches.

  4. Liberty Credit Zambia

    • Offers short-term loans like payday and business loans with quick approval.

  5. Tottengram Fin Services

    • Focuses on fast, small loans for personal or business needs with flexible repayment terms.

Digital and Mobile-Based Lenders

  1. PremierCredit Zambia

    • Provides instant, mobile-app-based loans with user-friendly repayment plans.

  2. Biumoney Zambia

    • Fully mobile-based lender offering loans starting at ZMW 500.

  3. ElitPay Zambia

    • Online microfinance company offering loans to employees and businesses.

Traditional Banks Offering Personal Loans

  1. Stanbic Bank Zambia

    • Offers personal, business, and asset financing loans.

  2. Zanaco (Zambia National Commercial Bank)

    • Provides personal and agricultural loans tailored for diverse needs.

  3. FNB Zambia (First National Bank)

    • Offers personal loans with competitive interest rates and flexible repayment terms.

These institutions provide various lending options based on employment, collateral, or mobile accessibility. You can explore their websites or contact them directly for more details on application requirements and terms.


Money lenders with low interest 

In Zambia, several money lenders and financial institutions offer loans with competitive interest rates. Here are some notable options:

1. Tottengram Financial Services

Tottengram provides personal loans up to ZMW 5,000 with flexible repayment terms of up to six months. They emphasize fast approvals and low-interest rates designed to save on repayment costs. Applications can be processed quickly online or in person

2. Premium Finance

This lender offers a variety of loan types, including personal, business, and salary-backed loans. Premium Finance is known for its low interest rates and streamlined approval process, often providing funds the same day an application is completed. The platform is accessible online and through mobile apps

3. Zamloans Money Lending Ltd

Zamloans specializes in personal loans, including payday and collateral-backed options. Their services are tailored to those without access to traditional banking, and they promise quick disbursement of funds. Interest rates are competitive, and the application process is simple and online

4. Premier Credit

Premier Credit focuses on providing affordable loans to individuals and small businesses. They offer personal and business loans with flexible terms and digital access through their app. They are particularly noted for their transparent, low-interest lending practices. Cheaper than banks

5. NATSAVE (National Savings and Credit Bank)

NATSAVE provides various loan products, including salary-based loans and group loans for microenterprises. Their products are designed for individuals and businesses looking for manageable repayment terms and competitive rates

Tips for Choosing a Lender

  • Compare interest rates and repayment terms.
  • Check for hidden fees, such as processing or administrative charges.
  • Ensure the lender is registered and regulated by the Bank of Zambia to avoid scams.