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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
| LOAN AMOUNT -MWK | 150,000 – 1,000,000 |
| INTEREST RATE | 5.6% |
| 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 | 5.6% |
| 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
Kumanga Loan
Is a short term, asset backed credit facility designed to provide clients with quick and convenient access to building blocks for ongoing or planned construction projects.
- ID copy
- Proof of residence
- Quotation / Bill of quantities (optional but preferred)
- Company documents (for businesses)
- Signed Loan Agreement
- Enables gradual, manageable building progress
- Reduces overall construction costs through bulk-priced materials
- Improves quality and durability of the structure
- Minimizes temptation to divert funds to other needs
- Supports long-term asset creation (homes or rentals)
- Saves time and effort in sourcing materials
- Promotes better planning and structured building progress
