Stawika

Stawika Capital Limited is a mobile based lending platform with several loan products with repayment period ranging between 60 and 90 days. Apply today to get your loan offer.


STAWIKA RATES AND FEES

- Loan Amounts: from Ksh 500 - Ksh 70,000
- Monthly Interest Fees: 7% to 21 %
- Processing Fees: Ksh 0
- Roll over fees: 10%
- APR: 63% to 252%

Example Fee Calculation: For a Ksh. 1000 has Ksh. 210 Interest Fee, Maximum Ksh. 100 rollover Fee, No origination or processing Fees.

Example fee calculation; for a loan kshs 1000, interest amount will be kshs 210. Roll over fees Kshs 100 maximum.

For a Ksh.1000 Loan, the client pays 1000 (Loan given)+210(Loan Interest) =Ksh 1,200


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 permission’s 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.