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Lupiya Loan Zambia – Eligibility, Interest Rates & How to Apply

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Lupiya Loan Zambia Our unwavering mission is to be a catalyst for financial inclusion throughout Zambia. In our pursuit of this noble goal, we are committed to simplifying borrowing processes and requirements, ensuring that every Zambian, irrespective of their background or financial status, is granted a fair and equal opportunity to access much-needed financing.

We firmly believe in leveling the playing field, and we achieve this by offering a diverse range of low-cost lending products coupled with attainable security options. Beyond being mere lenders, Lupiya stands as a beacon of accessibility, particularly for marginalized and unbanked communities, breaking down barriers that have hindered financial inclusion for far too long.

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Our transparent and fair lending practices set us apart from traditional lenders, creating an environment where borrowers can engage with us confidently. We understand that financial needs vary, and our diverse range of lending products is designed to cater to the unique requirements of individuals, businesses, and civil service employees.

Whether you are seeking personal loans with a short tenure, collateral-backed loans with extended terms, or specialized business loans tailored to your industry, Lupiya is your trusted partner. We transcend conventional boundaries, introducing innovative schemes such as civil service loans, scheme loans, and business loans that open doors to financial opportunities that were once distant.

At Lupiya, our mission is not just about providing loans; it’s about empowering individuals and businesses, fostering economic growth, and contributing to the overall well-being of the Zambian community. We invite you to embark on a journey of financial empowerment with Lupiya Loan Zambia, where financial inclusion is not just a mission but a way of life.

Loan Categories

Personal Loans

  • Requirements:
    • Copy of ID
    • Latest Payslip
    • Latest Bank Statement
  • Tenure: 1 Month

Collateral-backed loans

  • Requirements:
    • Copy of ID
    • Proof of Residence
    • 3 Latest Payslips
    • The Latest Bank Statements
    • Motor Vehicle Whitebook
  • Tenure: Up to 12 Months

Scheme Loans

  • Requirements:
    • Copy of ID
    • Proof of Residence
    • 3 Latest Payslips
  • Tenure: Up to 12 Months

Business Loans

Invoice Discounting Loans

  • Requirements:
    • Registration Documentation
    • Tax Clearance Certificate
    • Board Resolution (If a limited company)
    • IDs Of All Directors
    • Form 5 or 125 (If a limited company)
    • Financial Statements
    • 6 Months Latest Bank Statements
    • Copy of Invoice
  • Tenure: Depends on Invoice Payment Terms

Order Financing Loans

  • Requirements:
    • Registration Documentation
    • Tax Clearance Certificate
    • Board Resolution (If a limited company)
    • IDs Of All Directors
    • Form 5 or 125 (If a limited company)
    • Financial Statements
    • 6 Months Latest Bank Statements
    • Copy of Order
    • Copies of Supplier Invoices
  • Tenure: Depends on Order Payment Terms

Working Capital Loans

  • Requirements:
    • Registration Documentation
    • Tax Clearance Certificate
    • Board Resolution (If a limited company)
    • IDs Of All Directors
    • Form 5 or 125 (If a limited company)
    • Financial Statements
    • 6 Months Latest Bank Statements
    • Collateral
  • Tenure: Up to 12 Months

Civil Service Loan

This service is exclusively for civil service employees paid through PMEC, offering options such as:

  • Fixed-Term Loan
  • Device Financing
  • Buy Now, Pay Later

Scheme Loan

Exclusively for employees with an MOU with Lupiya, providing options like:

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  • Fixed-Term Loan
  • Buy Now, Pay Later
  • Salary-backed Backed loan
  • Asset Financing

Business Loan

Unlock your business potential with our seamless application process. Exclusive to PACRA-registered businesses operational for more than 12 months, choose from options like:

  • Invoice Discounting
  • Working Capital
  • Order Financing
  • Car Loan
  • Buy Now, Pay Later
  • Asset Financing
  • Agri Loan
  • Lupiya for Women

Interest Rate

Representative Example

  • Interest Rate: 2.5%
  • Loan Value: K1,000,000
  • Loan Term: 12 Months
  • Total Amount Payable: K1,169,845.52
  • Monthly Instalment: K97,487.13

At Lupiya, we believe in providing clear and transparent information to our customers. Here’s a representative example of a K1,000,000 SME loan over a 12-month term, showcasing the interest rate, total amount payable, and monthly installment. Feel confident and informed about your borrowing decisions with Lupiya Loan Zambia.

How to Apply

At Lupiya, we are committed to providing our customers with the fastest and most efficient borrowing experience in the market. Our streamlined processes and easy 3-step loan application make securing your next loan a breeze.

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1. Select a Loan Type

Visit the Lupiya Website, choose the loan type that best suits your needs, and leverage our user-friendly loan calculator to determine the ideal loan amount for you.

2. Check Eligibility

Save time with our eligibility calculator, which swiftly informs you whether you meet the requirements to proceed with the application process.

3. Apply with Confidence

Complete your profile, effortlessly upload the required documents, and submit your loan application. Stay informed with timely notifications as your loan undergoes processing. Experience the simplicity and speed of Lupiya Loans today!

Contact Information

Address: First Floor, Saturnia House, Dunduza Chisidza Crescent, Long Acres, Lusaka, Zambia

Email: [email protected]

Phone: +260 962 284039

Evelyn Kaingu

Chief Executive Officer

Frequently Asked Questions (FAQs) about Lupiya Loan Zambia

  1. What is Lupiya’s mission in Zambia?
    • Lupiya’s mission is to be a catalyst for financial inclusion throughout Zambia, providing a fair and equal opportunity for every Zambian to access financing.
  2. How does Lupiya level the playing field in lending?
    • Lupiya achieves this by offering a diverse range of low-cost lending products with attainable security options, particularly targeting marginalized and unbanked communities.
  3. What sets Lupiya apart from traditional lenders?
    • Lupiya stands out with transparent and fair lending practices, creating a borrower-friendly environment that encourages confident engagement.
  4. Who can benefit from Lupiya’s lending products?
    • Lupiya caters to the unique financial requirements of individuals, businesses, and civil service employees, offering a variety of loan categories.
  5. What are the requirements for personal loans at Lupiya?
    • Personal loan requirements include a copy of ID, the latest payslip, and the latest bank statement, with a tenure of 1 month.
  6. What options are available for collateral-backed loans at Lupiya?
    • Collateral-backed loan requirements include a copy of ID, proof of residence, 3 latest payslips, 3 latest bank statements, and a motor vehicle whitebook, with a tenure of up to 12 months.
  7. How can civil service employees access Lupiya’s services?
    • Civil service employees paid through PMEC can access Lupiya’s services, including options such as fixed-term loans, device financing, and buy now, pay later.
  8. Are there specialized loan options for businesses at Lupiya?
    • Yes, Lupiya offers various business loans, including invoice discounting, working capital, order financing, car loans, and asset financing, exclusively for PACRA-registered businesses operational for more than 12 months.
  9. Who is eligible for scheme loans at Lupiya?
    • Employees with an MOU with Lupiya can benefit from scheme loans, including options like fixed-term loans, buy now, pay later, salary-backed business loans, and asset financing.
  10. How can I contact Lupiya for more information?
  • You can reach Lupiya through their contact information: First Floor, Saturnia House, Dunduza Chisidza Crescent, Long Acres, Lusaka, Zambia. Email: [email protected]; phone: +260 962 284039.
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