How to Apply for a Stawika Loan in Kenya | Simple Steps

This guide provides step-by-step instructions on how to apply for a Stawika loan in Kenya and get the funds you need quickly in your M-Pesa. The Stawika loan app is a great option for Kenyans who need a quick and affordable loan.

Stawika is a mobile lending app by Stawika Capital Limited. It offers loans to Kenyans with a smartphone and a valid ID. The application is easy to use and provides approval decisions in 24 hours.

Summary of how to apply for a Stawika loan:

First, download the app from the Stawika website and install it. Once you have the app installed, open it and enter your details to register. You will be asked to provide your ID number, phone number, and details for your next of kin and two referees. The next step is to get your M-Pesa Statement and submit it to Stawika via email to

Once you submit your application, you will receive a loan decision in 24 hours. You will be notified if you have been approved for a loan. If you qualify for a loan, log in to your account, tap on Request Loan, then enter the amount you wish to borrow, and the loan amount will be sent to your M-Pesa in a few minutes.

Related: How to Pay Stawika Loan via M-Pesa

How to Download Stawika Loan and Register

  1. Open your browser, go to the Stawika Website, and download the Stawika Android App.
  2. After downloading, allow the app to “install unknown apps” in the settings. Then tap “Install” to finish the app installation.
  3. After installation, launch the app, accept the terms and conditions, and start the registration process.
  4. Enter your M-Pesa phone number and verify by entering the OTP verification code sent to the phone number you have used to register.
  5. Next, enter the required personal details as they appear on your ID card.
  6. Set your password or PIN and confirm.
  7. Provide a phone number and required details for your next of kin, and two referees, and you’ll be done with registration.
  8. Please share your M-Pesa statement for the last 6 months via
  9. After sharing, Stawika will review the statement within 24 hours and assign you a loan limit based on the evaluation of the information provided.

How to Apply for a Stawika Loan in Kenya

Here are steps on how to apply for a Stawika loan in Kenya;

  1. Sign in to your Stawika account, and you will be taken to your account dashboard.
  2. Next, tap the “View Loan Limit” button to view the loan amount you qualify.
  3. To borrow a loan, tap on the “Request Loan” button. Then, enter the amount you wish to borrow. You can only borrow up to your loan limit.
  4. The money will be sent directly to the M-Pesa number you provided.
How to Apply for a Stawika Loan in Kenya

How Do I Share My M-Pesa Statement to Stawika?

During the Stawika loan application process, you will be required to share your latest six (6) months’ M-PESA Statement to for purposes of credit appraisal by Stawika.

Upon successful submission of the M-PESA Statement, Stawika will review and evaluate your application and revert to you via your preferred email address within a period of twenty-four (24) hours.

In case you have a challenge in getting your M-Pesa statement, kindly check the guide on how to get your M-PESA Statement.

Requirements to Qualify for a Stawika Loan

Before you apply for a Stawika loan, here are the requirements you must meet:

  1. You must be above the age of Eighteen (18) Years and be a Kenyan National or a Foreign National lawfully residing in Kenya with a valid work permit.
  2. Have an Android-enabled mobile phone.
  3. Have a registered and active mobile subscriber of a registered mobile network operator and a mobile money account with the relevant mobile money provider.
  4. Have a good credit history – not be listed with a Credit Reference Bureau.
  5. Download the Mobile App onto your mobile phone.
  6. Be of sound mind.
  7. Not been declared bankrupt by a court of law.

What is the Interest Rate for Stawika Loan?

With Stawika, you can borrow loans from as low as KES 500 to a maximum of KES 70,00. The Stawika interest rate on the principal amount (loan) is Twenty-One Percent (21%), and you will be required to repay the loan within Twelve (12) Months from the date of disbursement of the loan.

Other Stawika Loan Details

Stawika Loan USSD Code – *872#

Stawika Loan Paybill Number – 830685

How do I contact Stawika?

How do I contact Stawika?
How to contact Stawika

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