- +260630372020
- info@carecoop.co.zm
Instant money when you need it! No paperwork. No branch visit. No waiting. Just Dial, Apply & Receive.
FASTELE is a digital short-term loan that allows qualifying CareCoop members to apply for and receive funds directly through their mobile phones.
Members access FASTELE by dialling *250# from the mobile number registered on their CareCoop portal account.
The service uses USSD technology. This means members do not need a smartphone, mobile application, mobile data or Wi-Fi to apply.
The money will be disbursed to you via mobile money account to the number registered on your CareCoop portal account.
By dialing *250# and following the prompts for repayment of the loan.
FASTELE is available to qualifying CareCoop members.
A member may qualify where the member:
Qualification and available loan limits are determined automatically by the system.
FASTELE provides progressive loan limits starting from K2,000 and increasing up to a maximum of K5,000.
| Tier | Maximum Loan Limit |
|---|---|
| Tier 1 | K2,000 |
| Tier 2 | K2,500 |
| Tier 3 | K3,000 |
| Tier 4 | K3,500 |
| Tier 5 | K4,000 |
| Tier 6 | K5,000 |
Members can progressively unlock higher limits by maintaining a good savings and repayment record.
Progression to a higher limit remains subject to CareCoop's eligibility and credit-assessment requirements.
The following documents are required along with your Loan application:
Get started on your next investment!
We offer a variety of loans at favourable interest rates
