Village Bank Loan (Group Loan)

Empowering business growth

Experience a group solidarity-powered financing solution: no need for collateral or security, seamless path for your business growth.

Fueling business performance

Facilitate remarkable business performance and through a loan accessible to individuals actively owning their businesses.

  • Individualized Support: Receive individualized support with loan amounts ranging from MWK50,000 to MWK2,000,000 for each member of the group.

  • Affordable Financing: Access affordable financing with competitive interest rates of 6% per month, ensuring cost-effective solutions for your business needs.

  • Flexible Repayment: Enjoy flexibility in repayment with terms ranging from 4 to 6 months, aligning with the unique cash flow dynamics of your business.

  • Strength in Numbers: Leverage the strength in numbers with group sizes ranging from 5 to 25 members, fostering collaboration and mutual suppor.t

  • Effortless Application: Experience an effortless application process with a quick and easy online system, ensuring a seamless journey to financial support.

  • Business License Exemption: No need for a business license, streamlining the application process for your convenience.

  • Collateral-Free: Obtain a loan without the burden of collateral or security requirements.

  • Comprehensive Protection: Ensure comprehensive protection with insurance coverage against natural disasters, fire, and sickness, safeguarding your business against unforeseen challenges.

Accessible group financing: easy qualification

Qualifying for our Group Loan is simple, providing access to financial solutions without collateral. We prioritize responsible lending, establishing qualifications based on fair and transparent criteria.

  • Active Businesses: Empowering individual borrowers with active businesses, fostering financial independence and growth.

  • Age Requirement: We are welcoming applicants aged 18 to 70 years, providing inclusive financial support.

  • Solidarity Strength: Harness the strength of group solidarity with our loan, fostering a supportive community dynamic among borrowers.

  • Business Stability: Demonstrate business stability with a minimum of 3 months of existence and 6 months living in the community.

  • Approval Dynamics: Stay informed about our approval process and conditions, ensuring transparency and fairness in the lending journey.

Application process is easy: we simplified it for you

Experience an application process built on trust, efficiency, and your unique needs.

  • 1

    Apply for a loan: Complete your application seamlessly by filling out online form, ensuring a smooth and hassle-free submission.

  • 2

    Confirmation from FINCA: Expect a call from our dedicated call center within 24 hours. Our operator will double-check details with you, ensuring accuracy and addressing any concerns you might have.

  • 3

    Decision: Receive communication from the branch, confirming the completion of your loan application.

Start your application

Applying for a loan is a straightforward and convenient.


Customer Success

“I praise FINCA for its wonderful contribution in my life. I acquired my first loan of as low as US$1, as a group loan currently equivalent to MK715 in 1994, and she I am continuing with FINCA since then transforming my life for better.” – Agnes Chitsotso

“It all started as a small business and could only get a group loan. I used to sell potato chips (chiwaya) and because of FINCA loans I now own a Hardware Wholesale Shop. Now I travel to Dar es Salaam to purchase stock. I have built modern self-contained and fully furnished houses for my mother and myself.” – Samuel Maloya

Frequently Asked Questions

Absolutely. Secure a FINCA loan without collateral by joining a group of business-minded individuals seeking collective financial support

Provide proof of your business’s 3-month existence, along with identification and proof of address for a straightforward loan application

Access your FINCA loan within just 7 working days after submitting all required documents. Experience quick and efficient approval

For additional details, call 312 (TNM Toll-free) or +265992950051 during work hours. Our team is ready to assist you

We are always happy to talk!

Request a callback.