Loan Eligibility & Requirements

Who can apply and what you need to borrow from Rhema Kwacha Loans.

1. Eligibility:
Check who is allowed to apply for a loan at our institution.

  • Must be 18 years or above

  • Must be the owner of the collateral

  • Must have a valid National ID

  • Must have an active phone number

  • Must bring at least One witness

Loan Requirements
These are the items or steps a client must bring or complete during the application process:

  • Photocopy of NRC (ID)

  • Active phone number

  • One or two witnesses

  • ZMW10 non-refundable stationery fee

  • Collateral in hand

Accepted Collateral

  • Mobile phones (in working condition)

  • Laptops and desktops

  • TVs

  • Home Theater System

  • Other valuable, marketable items

  • NOTE: Clothes, perishables, borrowed or broken items are not accepted