stawika loan app

Stawika loan app is offered by Stawika Capital Finance. The mobile loan app is available on the Google Playstore and is accessible to all with smartphones. It has over 500K+ downloads in addition to a 4.0 star rating with 15K+ reviews.

REQUIREMENTS

In order to use Stawika, one requires to be at least 18 years old with a valid national ID, be a Safaricom subscribed member with an active MPESA account.

Additionally, Stawika requires access to your phone data in order to determine your eligibility.

REGISTRATION PROCESS

1. Download and install the Stawika loan app to your android smartphone.

2. Register by entering your MPESA related phone number and wait for a confirmation code

3.Create your PIN and fill in your personal details such as your name and ID.

4. Upon completion, login into the app via the created PIN, view your loan limit and apply.

LOAN AMOUNTS

Stawika loan amounts range from as low as Ksh.200 to a maximum of Ksh.70,0000

FEE RATE

The maximum interest rate is 21.44%

REPAYMENT DURATION

The loans provided are repayable within 21 days from the disbursement date.

REPAYMENT PROCEDURE

To make a repayment, follow these steps:
1. Navigate to M-Pesa in your Safaricom menu on your phone
2. Select Lipa na M-PESA
3. Choose the Paybill option
4. Enter the Paybill number 830685
5. For account number, enter your M-Pesa number on which you received your Stawika loan
6. Enter your repayment amount
7. Enter your M-PESA pin
8. Confirm that all details are correct and press ‘OK’.

APP PERMISSIONS

This app requires access to:

  • Identity- find accounts on the device
  • Contacts- find accounts on the device
  • Phone- read phone status and identity
  • Device ID & call information- read phone status and identity

Other

  • receive data from Internet
  • view network connections
  • full network access
  • prevent device from sleeping

LATE REPAYMENTS

2% daily penalty charge applied for a 10-day duration period.

OVER PAYMENTS

REPAYMENT DATE EXTENSION

Penalty-free grace period of 4 days after due date.

CONTACT DETAILS

Phone: 0207608965

Email: info@stawika.com

Facebook: https://www.facebook.com/stawikacapital

Twitter: https://twitter.com/stawika

Linked In: https://www.linkedin.com/company/stawika-capital-limited