Stawika Lowers their Minimum Loan Amount to Ksh.200

Kenyan’s have more reason to smile after Stawika, an Android mobile App that offers instant mobile loans lowered their minimum loan amount to 200 shillings.

The move was reached at after a number of customers found themselves on the wrong side after failing to pay their loan on time, which resulted to their names being listed on Credit Reference Bureau (CRB).

Earlier on, the minimum amount was 500 shillings, before the mobile lender resolved to 200 shillings.

“We are giving Kenyans who are listed by the CRB a second chance at rebuilding their credit history. Giving Kenyans an opportunity to build a good credit history with time,” read a statement from Stawika.

Stawika have turned out to be the real dealers a far as matters of financial inclusion are concerned and their mission in all this is to financially empower every Kenyan through reliable mobile lending.

Stawika automatically evaluates mobile phone data as well as other factors to assign loans, a process that takes less than 5 minutes.

Recently, the mobile lender disclosed that it had hit 217 million shillings in loan disbursement as at the month of July.

The growth was attributed to the great analytics incorporated into the operational systems of the company to see grass root lending to their customers.

In case of any financial need, Stawika is the best friend to reach out to. One will be able to get a quick loan straight to their M-Pesa simply by downloading the Mobile App from Google Play Store.

Install, register, borrow and grow your loan limit by paying on time.