Personal Loans - Level Up Your Life

Up to UGX 10M with flexible repayment. Your friends got you—literally. 6 months to pay back at just 10% interest.

Why Personal Loans?

Bigger Loans, Longer Terms

Borrow up to UGX 10M and take 6 months to repay. Perfect for life upgrades—new laptop, tuition, medical bills, or that side hustle investment.

Your Squad's Got Your Back

Need 2 guarantors who are also Zimba members. It's like your friends co-signing your success story. Community banking done right.

Use Your Savings as Collateral

Got a ZimbaLock account? Use it to boost your loan eligibility. Your savings work for you, even while locked.

Flexible Repayment Schedule

Monthly installments over 6 months. Pay early with no penalties. We're here to help you win, not trap you.

What You Need

  • Active Zimba account (minimum 3 months)
  • 2 guarantors (also Zimba members)
  • Valid ID (NIN or Passport)
  • Proof of income (where applicable)
  • Min: UGX 50,000 | Max: UGX 10,000,000

Loan Examples

10% monthly compound interest over 6 months

Borrow UGX 500,000

Repay UGX 885,780

UGX 147,630/month for 6 months

Borrow UGX 2,000,000

Repay UGX 3,543,120

UGX 590,520/month for 6 months

Borrow UGX 5,000,000

Repay UGX 8,857,800

Business investment sorted! 📈

How to Apply

  1. 1

    Open Zimba app and select "Personal Loan"

  2. 2

    Choose loan amount and add 2 guarantors

  3. 3

    Submit documents and await approval

  4. 4

    Get funds disbursed within 24-48 hours!

FAQs

Who can be my guarantor?

Any Zimba member in good standing. Friends, family, or trusted colleagues.

What if I don't have guarantors?

You can use your ZimbaLock savings as collateral instead. Or try Quick Loans for smaller amounts.

How long for approval?

Usually 24-48 hours after guarantors confirm and documents are verified.

Can I pay back early?

Absolutely! No penalties. Pay when you can.