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Mwachangu Loans Requirements



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Mwachangu Loans Requirements – Mwachangu, a prominent digital loan service in Zambia, offers a streamlined borrowing process. If you’re considering leveraging their services, understanding their loan requirements is crucial. Here’s a detailed breakdown:

1. Eligibility Criteria

Before diving into the application process, ensure you meet the basic eligibility criteria:

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2. Digital Application

Mwachangu’s loan application is entirely digital:

  • Download the App: First, download the Mwachangu loan app from platforms like Google Play.
  • Registration: Register on the app using your personal details. Ensure the information is accurate to avoid delays or rejections.
  • Loan Amount & Duration: Decide on the loan amount and the repayment duration. Remember, Mwachangu offers loans ranging from K100 (100ZMW) to K5,000 (5,000ZMW).

3. Minimal Documentation

One of Mwachangu’s standout features is its minimal documentation requirement:

  • Identity Verification: You might need to provide a copy of your National ID or Passport for identity verification.
  • Proof of Income: Some digital lenders require proof of income or employment. This can be in the form of a payslip, bank statement, or any other relevant document. If you need a loan in Zambia, See Ambercash Zambia Review and Ambercash Zambia Contact Details

4. Creditworthiness

Like all lenders, Mwachangu will assess your ability to repay:

  • Credit History: If you have a good credit history, it can increase your chances of approval and possibly get you better terms.
  • Current Financial Standing: Your current financial obligations and income will be considered to determine the loan amount you qualify for.

5. Repayment Capability

Mwachangu emphasizes timely repayments:

  • Repayment Duration: Choose a repayment duration that suits your financial situation. Mwachangu offers durations ranging from 91 to 180 days.
  • Early Repayment: If you repay your loan earlier than the stipulated time, it can boost your chances of securing higher loan amounts in subsequent applications.


Mwachangu offers a hassle-free loan application process, but understanding their requirements is key to a smooth borrowing experience. Ensure you meet their criteria and have the necessary documentation ready before applying.

Mwachangu Loans Requirements: Frequently Asked Questions (FAQ)

1. What is the age requirement to apply for a Mwachangu loan?

Typically, you must be 18 years or older to apply for a loan with Mwachangu.

2. Do I need to be a Zambian resident to apply?

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Yes, you should be a resident or citizen of Zambia to be eligible for a Mwachangu loan.

3. How do I apply for a Mwachangu loan?

You can apply by downloading the Mwachangu loan app, registering with your personal details, and following the application steps provided.

4. What documents do I need to provide?

Mwachangu requires minimal documentation. Typically, you’d need to provide identity verification (like a National ID or Passport) and possibly proof of income.

5. How is the loan amount determined?

The loan amount is determined based on your credit history, current financial standing, and repayment capability.

6. How long does it take to get loan approval?

While Mwachangu aims for quick approvals, the exact time can vary based on the accuracy of the information provided and other factors.

7. Can I repay my loan early?

Yes, repaying your loan earlier than the stipulated time can even boost your chances of securing higher loan amounts in the future.

8. What happens if I miss a repayment?

It’s essential to reach out to Mwachangu’s customer support for guidance. Consistent missed payments can affect your credit score and future borrowing capability.

9. How is the interest rate determined?

Interest rates vary between 19.45% to 31.29%, depending on various factors, including loan amount and duration.

10. Can I apply for another loan if I have an existing one?

Typically, you’d need to clear your existing loan before applying for a new one. However, it’s best to consult with Mwachangu’s customer support for specific scenarios.



  1. Gift Joseph Mulenga

    August 31, 2023 at 5:02 pm

    The terms and conditions seem very good except Mwachangu app delays in providing a verification code. In short, I installed it on 29th August, 2023, up to date there is no verification code.

    • Kasongo Chilundika

      October 31, 2023 at 11:43 am

      They delay in providing a verification code

  2. Chashi Bernard

    September 10, 2023 at 3:24 pm

    I love it

    • gilbert chitungu

      September 16, 2023 at 3:08 pm

      it’s fine


    November 1, 2023 at 11:46 am


  4. Emmanuel

    November 13, 2023 at 3:13 pm

    I’m just discovering about mwachangu but how many digits do you want for a code? After approval which model do you use is it mobile money transfer or bank also In some cases where there’s no payslip what happens then

  5. Happy

    November 23, 2023 at 12:55 pm

    Yes there is a problem with verification codes

  6. Bwalya Osward

    December 20, 2023 at 12:49 pm

    I want to borrow k2000 so that I can pay school fees. Can I be allowed to pay back in 180 days?
    Kindly assist me with the phone number

  7. Naomi phiri

    January 27, 2024 at 7:49 pm

    Wish to apply for a k500 but how do I get access to the Mwachangu loan app

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