About LOLC Finance Zambia
A Trusted Financial Partner, Built to Last
LOLC Finance Zambia Limited (LOLCFZ) is a registered deposit-taking Non-Bank Financial Institution with a Housing Finance Licence, regulated and supervised by the Bank of Zambia. LOLCFZ is a subsidiary of LOLC Holdings PLC, Sri Lanka.
LOLCFZ has a paid-up capital of USD 5 Million and operates from branches across Zambia including Lusaka (Century House, Lewanika Mall and Levy Mall Main Branch), Ndola, Kitwe, Solwezi, Chipata, Kalumbila, Chingola, Kabwe, Choma, Mansa, Mongu, Livingstone and Kasama.
LOLCFZ provides a wide range of financial services, carefully-tailored to reach grassroot level entrepreneurs and formally employed individuals. Our portfolio of products and services includes Savings and Term Deposit Accounts, Group Micro and SME Finance, Salary backed and payroll loans, Home loans, Working Capital, Trade Finance, Asset Finance, and Business Loans.
Our Journey
Our Story
40 Years Ago
The LOLC Group Is Founded
The LOLC Group is established in Sri Lanka and grows to become one of the largest diversified blue-chip conglomerates in the country — the most profitable listed entity for two consecutive years.
Regional Expansion
A Footprint Across Asia and Africa
LOLC extends from the Philippines in the East to Nigeria in the West, investing in financial services across Pakistan, Cambodia, Myanmar, Indonesia, Zambia, Nigeria, Kenya, Tanzania, Malawi, Zimbabwe and Egypt.
Established in Zambia
LOLC Finance Zambia Limited
LOLCFZ is registered as a deposit-taking Non-Bank Financial Institution with a Housing Finance Licence, regulated and supervised by the Bank of Zambia, with USD 5 million in paid-up capital.
November 2025
A New Head Office
LOLC Finance Zambia officially opens its new Head Office at Arcades Mall, Lusaka — a larger, modern, centrally located home built to serve customers more efficiently.
December 2025
National Recognition
LOLC Finance Zambia is honoured with two major awards at the Zambia Business Awards: Business Brand of the Year (National) and Company of the Year — Market Leadership Excellence.
Looking Ahead
Continued Global Growth
The LOLC Group continues to finalize expansion across North, West, Central, East and Southern Africa, and into Tajikistan and Kazakhstan — propagating market-based solutions worldwide.
What Drives Us
Vision & Mission
We believe in the importance of providing an inclusive financial service. This commitment is reinforced in all aspects of our business and is defined by our vision, mission and corporate values.
Corporate Vision
We believe in an inclusive financial service that requires client advocacy and stewardship, a passion for leading-edge solutions and the delivery of services that exceed customer expectations.
Corporate Mission
Our mission is to help set the industry standard in Non-Bank Financial Services. We reach out to all Small and Medium Enterprises and provide them with affordable and convenient Financial Services tailored to their specific needs.
What We Stand For
Our Core Values
Ethical Conduct
We are committed to the highest standards of ethical conduct in all we do.
Integrity & Trust
We believe that honesty and integrity engenders trust, which is the cornerstone of our business.
Accountability
We abide by the laws of the land and strive to be good citizens and take responsibility for our actions.
Teamwork
Our success depends on the talents, skills and expertise of our staff and our ability to function as a closely integrated team.
Respect & Diversity
We appreciate our diversity and believe that respect for employees, customers, partners and regulators is essential to positive relationships.
Excellence & Determination
We strive to excel in every aspect of our business and approach every challenge with a determination to succeed.
The LOLCFZ Advantage
Why Choose Us
Regulated & Licensed
Regulated and supervised by the Bank of Zambia, with a dedicated Housing Finance Licence.
Nationwide Reach
15+ branches across Zambia, from Lusaka to Kasama, putting LOLCFZ close to where you are.
40 Years of Heritage
Backed by the LOLC Group — 40 years of experience across Asia and Africa.
Tailored Products
From payroll loans to home loans, SME finance and fixed deposits — built around your needs.
Insured Deposits
Every LOLCFZ fixed deposit is insured, principal and interest, with Klapton Insurance.
USD 5M
Paid-up Capital
15+
Branches Nationwide
BoZ
Regulated & Supervised
40 yrs
LOLC Group Heritage
Part of Something Bigger
The LOLC Group
LOLC Finance Zambia is one branch of a much larger, established international group.
Established 40 years ago, the LOLC Group has grown to be one of the largest diversified blue chip conglomerates in Sri Lanka. It has been the most profitable listed entity for the past two years, emerging as a "Sri Lankan global player" in a short span of time. Including the Browns Group, which is the non-financial services arm, the group is engaged in financial services (banking, non-banking, insurance, stock broking, investments), renewable energy, leisure, agriculture and plantations, trading and manufacturing.
The LOLC footprint in Sri Lanka spans every district, from the rural hinterlands to major cities, and we have enduring business partnerships with a host of financial and developmental organizations across the world. The footprint of LOLC now extends from the Philippines in the East to Nigeria in the West, as we continue on our journey to propagate market-based solutions to uplift disadvantaged communities across the southern hemisphere. In every country we operate, we impart skills, share expertise, and drive competencies to create thriving and resilient entrepreneurs in a competitive market. Today, we are a proud partner in building emerging economies and developing nations.
Current Global Footprint
Expansion Pipeline
The Group is also in the process of finalizing acquisitions in the following markets: