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Stawi Loan
Stawi is a mobile business credit product backed by the Central Bank of Kenya and offered in partnership with KCB, Co-operative Bank, NCBA and DTB. It targets SME owners with M-Pesa merchant accounts and offers loans of between KES 500 and KES 250,000 at rates that are lower than typical app lenders. Stawi is part of Kenya's government-backed effort to expand SME financial inclusion.
Conditions summary
| Loan amount | KSh 500 – KSh 250,000 |
|---|---|
| Interest rate (p.a.) | 9.00 % – 18.00 % |
| Repayment term | 1 – 12 months |
| Approval | 5 minutes |
| Type | Online |
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