Halupay is a free digital loan book app for money lenders in Malawi. It helps you track borrowers, loans, payments, interest, collateral, and guarantors automatically.

Is Halupay free to use?

Yes, Halupay is completely free to download and use. There are optional SMS reminder features that require purchasing SMS credits.

How do I calculate katapila interest?

Halupay automatically calculates katapila interest based on your loan terms. Simply enter the principal amount, interest rate, and loan duration.

Can I track overdue loans?

Yes, Halupay automatically tracks overdue loans and calculates daily penalties. You receive push notifications and can send SMS reminders to borrowers.

Appliances · Free Template

Refrigerator Loan Agreement Template

Lending against a refrigerator (e.g. Double-door fridge) is common in Malawi's informal lending market. This free tool generates a proper loan agreement stating the refrigerator as collateral, has the borrower sign with a one-time SMS code, and gives you a document you can download or share on WhatsApp — no account needed.

What lenders should know

Household appliances are common collateral for small consumer loans.

Create a refrigerator loan agreement — free

Takes about 2 minutes. The collateral field will already say "Refrigerator".