Business Loans in Zimbabwe: Requirements and How to Apply · Probfix
Business loans

Business loans in Zimbabwe

Need working capital, stock or equipment? Probfix lends up to $10,000 to individuals and registered businesses, secured against an asset you already own. Here is what you need and how to apply online.

  • Up to $10,000loan amount
  • 1 to 24 monthsto repay
  • 100% onlineapply from your phone

Who can apply

  • You are an individual, a sole trader or a registered company operating in Zimbabwe.
  • You own an asset to secure the loan, such as a vehicle, a house, a stand, machinery or equipment.
  • You can show how money comes into the business, for example bank statements, receipt books or sales records.
  • Companies: you have your business registration papers.
  • You have no other Probfix loan still being repaid or in review.

Documents you need

Clear photos or scans are fine. You upload them while you apply, so have them ready on your phone.

  • National ID
  • Bank Statement
  • Receipt books or sales records
  • Company PaperCompanies only

How to apply online, step by step

  1. 1

    Choose your loan

    Pick "Business loan", say whether you are applying as an individual or a business, and choose the amount and term.

  2. 2

    Tell us about you

    Your personal details. Companies also give the business name, registration number and what the business does.

  3. 3

    Describe your security

    The asset you are offering, what it is worth and photos of it. You can add more than one item.

  4. 4

    Upload your documents

    Clear photos or PDFs of the documents listed on this page.

  5. 5

    Review and submit

    Check the figures and submit. We review your application, may arrange to see the asset, and contact you with a decision.

Start your application

What it costs

Interest, an administration fee and an application fee, all shown on the form before you submit. Here is an example at today's rates:

You borrow
$2,000
Term
6 months
Monthly instalment
$564.67

Includes all fees. Your own figures depend on the amount and term you choose.

Repaying your loan

You repay in fixed monthly instalments, online with EcoCash or InnBucks, or at a Probfix branch. The asset stays with you while you repay.

Questions people ask

What can I use as security?

Vehicles, residential or commercial property, land or stands, machinery and equipment, livestock, shares and investments. Tell us what you have and its estimated value when you apply.

How much can I borrow?

Up to $10,000, depending on what your security is worth and what the business can afford to repay.

Do I need a registered company?

No. Individuals and sole traders can apply too. Company papers are only asked of businesses applying in the company's name.

How long can I take to repay?

From 1 to 24 months, in fixed monthly instalments.

Do I keep using my vehicle or equipment?

Yes. The asset secures the loan, but it stays with you and keeps working for your business while you repay.

Ready to apply?

It takes about ten minutes on your phone. Have your documents ready and we will take it from there.

Apply for business loans

Other ways to borrow