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Address
10 Miles, off Great North Road, Lusaka, Zambia
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Phone
+260976204822
Empower your dreams with our flexible loan options!
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About
Empowering Dreams, Building Futures
At QuickRise Finance Limited, we believe that financial empowerment is the key to unlocking potential. As Zambia’s trusted microfinance institution, we are committed to providing innovative, accessible, and tailored financial solutions that meet the diverse needs of individuals, students, and businesses.
About Us
What sets us apart
Why Choose QuickRise Finance?
1. Fast and Simple Loan Process: We value your time. Our streamlined loan application and approval process ensure you get the funds you need without unnecessary delays.
2. Flexible Repayment Terms: Our repayment plans are designed to fit your financial circumstances. Weekly payments ensure affordability and convenience.
3. Transparency and Trust: No hidden charges, no confusing terms—just clear, fair agreements. You’ll always know what to expect when working with us.
4. Community-Centric Approach: We’re dedicated to uplifting communities by promoting financial inclusion and providing loans that make a difference.
5. Financial Education and Guidance: We equip our clients with financial literacy tools to help them manage loans effectively and make informed financial decisions.
24/7 Support
Flexible Repayment : Customize your loan with easy payment plans.
Low Cost
Low-Interest Rates: Enjoy competitive rates for affordable borrowing.
Featured Loan Products
Secure your dreams with our low interest loans
Personal Loan (1 week)
Personal Loan (1 week)10%
Interest Rate- Take Minimum ZMW100.00
- Take Maximum ZMW5,000.00
- Per Installment 110%
- Installment Interval 7 Days
- Total Installment 1
Personal Loan (2 weeks)
Personal Loan (2 weeks)20%
Interest Rate- Take Minimum ZMW100.00
- Take Maximum ZMW5,000.00
- Per Installment 120%
- Installment Interval 14 Days
- Total Installment 1
Personal Loan (3 weeks)
Personal Loan (3 weeks)30%
Interest Rate- Take Minimum ZMW100.00
- Take Maximum ZMW5,000.00
- Per Installment 130%
- Installment Interval 21 Days
- Total Installment 1
Personal Loan (4 weeks)
Personal Loan (4 weeks)40%
Interest Rate- Take Minimum ZMW100.00
- Take Maximum ZMW5,000.00
- Per Installment 140%
- Installment Interval 28 Days
- Total Installment 1
10K+
People reached
1K+
Happy Clients
3+
Won Awards
8M+
Total Loans disbursed
FAQs
Frequently Asked Questions
Your questions, answered!
Repayments can be made through the following methods:
- Cash: At our branch (10 Miles, off Great North Road, Lusaka).
- Mobile Money:
- Airtel Money: +260976204822 (Jeremiah Wata)
- MTN MoMo: +260964219202 (Jeremiah Wata)
- Bank Transfer: Use your loan reference number.
Loan approval typically takes a few minutes to a few hours, depending on the completeness of your application, collateral and supporting documents.
Applying for a loan with QuickRise Finance Limited is easy:
- Fill out the loan application form online by signing up on this website, or visit our branch.
- Submit your supporting documents.
- Wait for loan approval, which typically takes a short time.
- Receive your funds via your preferred method—cash, mobile money, or bank transfer.
You’ll need the following documents:
- Identification: National ID or passport.
- Proof of Income: Payslips, bank statements, or business financials.
- Proof of Residence: Utility bill or rental agreement.
- Guarantors: Contact and identification details.
- Collateral Documents (if applicable): Proof of ownership and valuation.
Loan amounts depend on the type of loan:
- Personal Loans: ZMW 100 to ZMW 5,000
- Business Loans: ZMW 1,000 to ZMW 10,000
- Student Loans: ZMW 100 to ZMW 5,000
- Marketeer Loans: ZMW 100 to ZMW 1,000
Anyone meeting the following criteria is eligible to apply for our loans:
- Personal Loans: Individuals with proof of income, identification, collateral (if required), and guarantors.
- Business Loans: Business owners with valid business documents, financial statements, and proof of residence.
- Student Loans: Students with proof of enrollment and guarantors.
- Marketeer Loans: Small-scale marketeers with identification and guarantors.
If you miss a payment:
- A penalty of 0.8% per day is charged on the overdue amount (principal and interest) for up to one week.
- After one week of non-payment, the loan is considered defaulted.
- The Lender will sell the collateral to recover the loan, and the Borrower forfeits any claims to the sale proceeds.
We’re here to help! Reach us through:
- 📍 Visit Us: 10 Miles, off Great North Road, Lusaka, Zambia
- 📞 Call/WhatsApp: +260976204822
- 📧 Email: contact@quickrisefinance.com
- 🌐 Website: quickrisefinance.com
Blog Posts
Read Our Latest Stories
03
Aug
Helped by Loan : Finding the Perfect Summer Internship
After graduating from college, many jobs want experience in your work field. Having a summer internship is a great way gain experience. Here are some ways to find the perfect internship for you:Check out online resourcesThere are many online resources to help you look for internships. CyHire is a great tool to find employers who are recruiting Iowa State students. You can search for positions by your college or major, upload your resume, view career fair information and more. You can even automate your CyHire search to have new opportunities emailed to you. LinkedIn is another great tool to connect with people and to find internships in different cities and states. Through LinkedIn you can also connect with alumni of Iowa State University.Attend career fairsCareer fairs are a great way to network and to create connections with people in the work force. Through networking you are able to share your resume and network for yourself with others. Connections are important for finding job opportunities.Contact the employer directlyYou don’t see an internship at a business or organization you want to work for? Contact the business or the employers. This shows them that you are motivated and willing to go the extra mile.Find something that works for youLooking for an internship that intrigues you and will help you improve your skills and connections is important when making a final decision. While there are both paid and un-paid internships, there may be scholarships you can apply for if you decide to take an un-paid position, so don’t discount an opportunity if it will ultimately help you gain valuable experience.
03
Aug
Agri-loan, key to farming success
Starting today's article with statistics provided by the Bangladesh Bank.According to IFPRI, 19 percent of farmers take loans from relatives. 15 percent from the landowner, 11.4 percent come from moneylenders and 3.6 percent from various associations and cooperatives. Farmers get the largest share of the loan from the Krishi Bank, which is about 15 percent. Large, medium and small farmers together get 36 percent of the total loan while marginal farmers get about 5 percent. The total percentage of loan all the farmers get is 36 percent. Sharecroppers, the farmers who cultivate other people's land on lease, do not get this loan. As a result, they have to rely on loans from other sources, including NGOs.Small NGOs and associations began to form in the districts and upazilas from the 80s to the early 90s of the last century. Along with other developmental activities, these institutions started a micro-credit programme. Institutions thrive mainly on interest earned from loans. But there is no such change in the farmer I have witnessed. The farmer falls into a debt trap and sometimes carry the burden of prolonged loans that they take from NGOs and local moneylenders. Farmer Rafiqul Islam from Natore, at one of the open-air discussion among farmers and policymakers, popularly known as 'Krishi Budget Krishoker Budget' (Farmers' Voices in Budget, aired on Channel i), said he has never seen any political person become poor while doing politics, but the farmers are not well off doing their profession, which is farming. "We don't have capital, no one thinks about our market, no one talks about us," Rafiqul angrily said. Such anger doesn't only come from Rafiqul, but almost every farmer bears the same agony. Most importantly, the moneylenders expanded their business by capitalizing on the poor state of the farmers and they never want them to get out of this vicious circle of borrowing money from the locally-rich and powerful people.
03
Aug
Dealing with Delinquent Business Loans: Protecting Your Finances and Credit
Closing on a business loan often brings a sense of relief and excitement as you secure the funds to grow your business. However, it’s not uncommon to find yourself overwhelmed after a few months or years, realizing that you’ve taken on more than you can handle. With over one-third of Americans struggling with delinquent debt and the risk of loan defaults, taking immediate action is crucial when you fall behind on loan payments. This article provides essential information on delinquent loans, defaults, and practical strategies to protect yourself and minimize the associated damage.Understanding Delinquent LoansA loan becomes delinquent when you miss a payment, even in just one day. If you miss payments or cannot make them for an extended period (typically 90 to 120 days), the lender may classify the loan as default and initiate collection procedures. Both delinquent loans and defaults have negative implications for your credit. It’s important to note that the timing of your delinquency rarely matters. For example, if your payment is due on February 1 and the lender doesn’t receive it that day, the loan becomes delinquent on February 2.Consequences of Delinquent LoansThe consequences of a delinquent loan depend on your lender’s policies and the terms outlined in the loan agreement. However, there are three typical outcomes:Penalty Rates & Late Fees: Loan agreements often permit lenders to charge late fees after a few days grace period. Some agreements also permit the lender to increase the interest rate on overdue amounts, known as a “penalty rate” or “default rate.” Late fee structures vary among lenders, so it’s essential to understand their specific policies to avoid surprises.Negative Impact on Credit Score: Once you are 30 days late on payments, lenders can report the late payment to credit bureaus. Beyond this period, a late payment can decrease your credit score by nearly 100 points. In addition, poor credit score makes qualifying for future business loans more challenging. Late payments can remain on your credit report for up to seven years, even if you pay the lender after the item is reported.It’s worth noting that this 30-day rule does not apply to business credit reports, as lenders can report late payments to commercial credit bureaus even if you are just one day late.Increased Contact from LendersWhen you have a delinquent loan, expect frequent calls and emails from your lender urging you to make payments. Lenders prioritize collection efforts while the deadline is fresh in your mind. As delinquency continues, it becomes more challenging for lenders to collect the debt.Delinquent Loans vs. Defaulted LoansA loan transitions from delinquency to default when you have an outstanding balance for an extended period specified in the loan agreement. Typically, lenders wait 90 to 120 days before considering a loan as default.How to Identify Defaulted LoansWhen a loan goes into default, the lender will send you a written notice stating that you have breached the loan agreement and must immediately repay the entire loan balance. The lender might also sell or transfer the debt to a collection agency, escalating collection efforts to recover the outstanding balance. If the lender believes they won’t recover the money, they can charge off the loan, removing it from their books. However, you remain responsible for paying the debt.Actions After DefaultThe lender’s subsequent actions depend on whether the loan is secured or unsecured. Secured loans have collateral or personal guarantees backing them, while unsecured loans do not.
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