Quick Misika Loan

The Quick Misika Loan is designed to provide capital support for
start-ups and micro, small, and medium-sized businesses.

Quick Misika Loan: Empowering Business Growth

At Quickinvest Limited, we understand that businesses—whether large or small—serve as the backbone of the economy. The Quick Misika Loan is tailored for individuals and groups looking to boost their businesses with flexible financing options. Whether you operate a shop, run a butchery, sell vegetables, or engage in other forms of trade, this loan is here to provide you with the financial support you need to grow your business.

Our aim is to empower entrepreneurs and foster collaboration, ensuring no business idea goes unfulfilled due to a lack of capital. With personalized assessments and tailored loan terms, the Quick Misika Loan ensures you get the right amount of funding while making repayments manageable and efficient.

Feature Details
For Individuals or Groups - Individuals with fixed, operational businesses.
- Groups of 5–6 people working within the same market or trade.
Comprehensive Business Assessment Consultants visit business locations (e.g., shop, butchery) to assess potential and collateral availability.
Flexible Loan Terms - Weekly repayment schedules.
- Group loans provide shared responsibility with added flexibility.
Fast Processing Loan applications are processed and approved within 3 working days.
Transparent Contracts Clear terms outlined in individual and group contracts.
Loan Type Requirements
For Individual Loans
  • Valid National ID.
  • MK 1,800 non-refundable credit reference bureau (CRB) check fee.
  • Completed loan application form.
  • Satisfactory credit reference check.
  • Signed loan contract.
  • Collateral assessment and verification.
For Group Loans
  • Groups must consist of 5–6 members.
  • Members should know each other or conduct business in the same market.
  • Established businesses.
  • The group must elect a Chairperson, Secretary, and Treasurer to guide the loan process.
  • Each member provides their National ID and signs the group contract.
  • Funds are managed collectively, and repayments are made through the Treasurer.
Condition Details
Verification Individual applicants and group members undergo home visits to verify residential details and collateral.
Group Contracts Group contracts are signed by the Chairperson, Treasurer, and Secretary, while members sign individually.
Repayment Schedules Weekly repayment schedules are monitored for timely payments.
Issue Resolution The group discusses any repayment issues collectively with loan officers.

Contact our customer care

Contact with us

Have questions? Feel free to write us

We're here to help! Reach out with any questions or inquiries.

Call expert

+265 (0) 991 708 986

Write email

customercare@quickinvestmw.com

Visit office

Blantyre Nyambadwe (Behind Simso Filling Station & Annie's Lodge)