Welcome 😊
We’re here for you when you’re in need.
Fast kwacha is more than a financial institution, we are your long term strategic partners for growth.
School Fees Loan
The School Fees Loan is a short-term consumer loan designed to help parents and guardians pay school fees for students enrolled private schools.
- MoU with Parent/Guardian Employer
- Letter of Undertaking
- Valid National ID / Passport / License
- Valid school invoice or fee structure
- Pay Slip (Recent Month)
- CRB Check
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| LOAN AMOUNT -MWK | 150,000 – 1,000,000 |
| INTEREST RATE | 5.00% |
| PAYBACK PERIOD MONTHS | 1 – 3 Months |
| TURN AROUND TIME | Within 48hrs |
· Ensures uninterrupted access to education
· Allows flexible and manageable repayment plans
· Helps preserve savings for emergencies
Pay Day Loan
Short-term loans designed for formally employed individuals who need bridge financing until their next payday.
- MoU with the institution (Private Schools)
- Letter of undertaking
- Valid National ID / Passport / License
- Pay Slip (Recent Month)
- Functional personal Bank Account
- CRB Check
| LOAN AMOUNT -MWK | 50,000 – 1,000,000 |
| INTEREST RATE | 5.00% |
| PAYBACK PERIOD MONTHS | 1 Month |
| TURN AROUND TIME | Within 48hrs |
· Helps cover unexpected expenses (medical, transport, emergencies)
· Bridges the gap before the next salary payment
· Reduces the need to borrow from informal or high-risk sources
Get To Know Us
Fast kwacha is a dynamic, Malawian owned Fintech start up, that delivers bold and inclusive Financial solutions to Businesses, SMEs and underserved communities across Malawi. Fast kwacha is reshaping access to finance by combining innovations, ethical practises and deep local insights.
You will typically need to provide proof of your income (PAYSLIP) including:
. MOU
. Copy of National ID, a passport or driver’s license
. Proof of address
. Proof of employment status and income/ PaySlip
. Water/Electricity Bill
Our loans are for everyone, and we don't just look at the usual range of eligibility factors and your credit history. If you have bad credit history, we'll consider your overall financial situation and your ability to repay what you borrow.
Fast Kwacha offers quick and reliable loan solutions designed to meet everyday financial needs. Their products include School Fees Loans to support education costs, Payday Loans for School Staff for urgent expenses before payday, and Kumanga Loans to help customers build, improve, or grow their future.
