Zimba Advance: A savings-backed advance with no processing fee.
Access up to UGX 5 million as advance, backed by your Zimba Growth Savings. Approved amounts are disbursed instantly to your mobile wallet. 0% processing fee. Declining-balance interest, so you pay less as you repay. No collateral beyond your own savings.
Why Zimba Advance?
Your Savings Are Your Collateral
No land titles. No car logbooks. No guarantors. Your Zimba Growth Savings balance is all the collateral you need.
0% Processing Fee, Always
Many lenders deduct 5–10% before you receive anything. With Zimba Advance, every shilling reaches your wallet. Zero deductions.
Declining Balance: Fair Math
Interest is calculated only on your remaining balance, not the original amount. As you repay, you owe less interest. That's the math the way it should be.
Disbursed Instantly
Confirm in the app and your advance lands in your Zimba Wallet right away — disbursed instantly, with no branch visit and no waiting period.
Eligibility
- Active Zimba Growth Savings account with a balance
- Valid ID (NIN or Passport)
- Verified mobile number
- 18+ years old
Backed by Growth Savings. Up to UGX 5 million when you qualify — disbursed instantly to your Zimba Wallet.
Save in Growth Savings to unlock access. Your available amount appears in the app before you confirm.
Save first, access more: Consistent savings unlock more access. Your available amount appears in the app before you confirm.
Zimba Advance Examples
3.5% monthly declining balance · 0% processing fee · disbursed instantly
Borrow UGX 200,000
Repay UGX 207,000
1-month term (3.5% on 200K)
Borrow UGX 350,000
Repay UGX 362,250
1-month term
Borrow UGX 1,400,000
Repay UGX 1,449,000
1-month term
Life happens. If you're struggling to repay, reach out early. We'll work something out. Late payments beyond the due date carry a small 2% fee on the overdue amount only.
How to Apply
- 1
Open Zimba app and ensure you have a Growth Savings balance
- 2
Tap "Zimba Advance" and choose your amount
- 3
Review the declining-balance repayment schedule
- 4
Confirm — your advance is disbursed instantly to your Zimba Wallet
FAQs
What is the maximum I can access?
Up to UGX 5 million when you qualify — backed by your Zimba Growth Savings and disbursed instantly to your wallet.
How quickly do I receive the money?
Instantly. Once approved in the app, your advance is disbursed straight to your Zimba Wallet — no branch visit required.
What is the interest rate?
3.5% per month on the declining balance. No flat interest.
What if I repay early?
No early repayment penalty. You only pay interest for the days you've held the advance.
What happens if I pay late?
A 2% late fee on the overdue balance. Contact us early and we'll work something out.