Stawika Loan App

ABOUT THIS APP

- Loan Amounts: from Ksh 500 - Ksh 70,000

- Monthly Interest Fees: 8%

- Processing Fees: Ksh 0

- Repayment Period: From 61-90 Days

- Maximum Annual Percentage Rate (APR): 24%

Example Fee Calculation: For a Ksh. 1,000 has Ksh. 240 Interest Fee, repayable in 3 months. You end up paying a maximum of Ksh.1,240 in 3 months.

LOAN REPAYMENT TERMS

Maximum 3 roll overs with no additional interest and rollover fees after this period

HOW TO GET STARTED

* Download the App

* Give Stawika permissions as requested

*Accept privacy policy

* Create Account

* Login with your credentials

* Borrow your qualified amount

* Receive money directly into your Mpesa Wallet

Borrow and Repay on time to improve your prequalified limits and access loans with longer repayment periods and lower interest fees

SAFETY MEASURES:

For optimum performance, Stawika requires permissions such as:

-Contacts

-Phone

You will be required to grant these permissions on initial launch of the Stawika App.

To determine your credit worthiness, Stawika uses data that you submit to us such as your legal name, National ID, Mpesa Number, and your Mpesa Statement.

All communication between Stawika App and Stawika Servers is encrypted.