---
title: "eShandi: Loan App in Africa"
description: "Digital loans, wallet transfers and utility payments plus funeral/health insurance in Kenya, South Africa, Zambia & Zimbabwe. USSD in some markets."
canonical_url: "https://liners.com/eshandi"
markdown_url: "https://liners.com/eshandi.md"
type: "product"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/tools/eshandi/screenshot.webp?v=1787082742138"
published_at: "2026-08-19T22:33:01.072Z"
updated_at: "2026-10-06T18:55:11.861Z"
---

# eShandi: Loan App in Africa

Digital loans, wallet transfers and utility payments plus funeral/health insurance in Kenya, South Africa, Zambia & Zimbabwe. USSD in some markets.

## Breadcrumbs

- [Fintech](/categories/fintech)
- [eShandi](/eshandi)

## Summary

Digital loans, wallets, and everyday payments for Africa

A pan-African fintech offering digital loans, wallets, payments, insurance, and earned wage access for underbanked consumers and SMEs in Zambia, Zimbabwe, Kenya, and South Africa.

## Product details

| Field | Value |
| --- | --- |
| Website | https://www.eshandi.com/ |
| Tagline | Digital loans, wallets, and everyday payments for Africa |
| Primary country | Zambia |
| Platforms | Web |
| Average rating |  |
| Published reviews | 0 |
| Verified listing | No |

## About the product

eShandi is a pan-African fintech platform that provides digital financial services to individuals and small-to-medium enterprises across **Zambia**, **Zimbabwe**, **Kenya**, and **South Africa**. Founded in **2019** in Lusaka as **PremierCredit**, a microfinance lender, by **Eugene Mwila** and **Chilufya Mutale-Mwila**, the company rebranded to eShandi as it expanded into a multi-country platform, raising more than **$12 million** in funding from backers including **Enygma Ventures**, **INOKS Capital**, and **Mastercard**, and reporting service to over **1 million** individuals and SMEs.

Key capabilities include:
- **Digital loans** for personal and business needs, including SME loans and market-specific products such as **group loans**, **logbook (vehicle-backed) loans**, and **school fee loans** in Kenya, plus **SSB loans** for government employees, **pensioners loans**, and **BNPL loans** in Zimbabwe.
- **Digital wallets and transfers** for cashless spending, **wallet-to-wallet transfers**, and real-time balance and spending monitoring.
- **Payments and value-added services** for electricity and utility payments, plus **airtime and data bundle purchases**.
- **Insurance offerings** that include funeral cover and health insurance in Zambia, and broader insurance plans referenced across other markets.

Available on **Web**, with **USSD access** in some markets (for example, *559# registration in Zambia). Target users include underbanked and unbanked consumers such as low-income and hourly workers, pensioners, and government employees, plus **SMEs**, employers using earned wage access, and merchants and agents supporting merchant services and agency banking.

Notable for its use of **AI-driven credit scoring** to extend credit to users with limited traditional documentation, and for holding regulatory registrations in each of its Southern and East African operating markets, including registration with the **Reserve Bank of Zimbabwe**.

## Features

- [Fintech](/categories/fintech): Category
- [Insurtech](/categories/insurtech): Category
- [Agent Network](/tags/agent-network): Product feature or technology
- [B2B2C](/tags/b2b2c): Product feature or technology
- [Bill Payments](/tags/bill-payments): Product feature or technology
- [Insurance](/tags/insurance): Product feature or technology
- [Lending and Loans](/tags/lending): Product feature or technology
- [Neobanks](/tags/neobanks): Product feature or technology
- [POS](/tags/pos): Product feature or technology
- [USSD](/tags/ussd): Product feature or technology
- [Kenya](/countries/kenya): Market
- [South Africa](/countries/south-africa): Market
- [Zambia](/countries/zambia): Market
- [Zimbabwe](/countries/zimbabwe): Market

## Related pages

- [Alternatives](/eshandi/alternatives)
- [Reviews](/eshandi/reviews)
- [Transparency](/eshandi/transparency)

## Access and citation

- [Canonical HTML page](https://liners.com/eshandi)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)