INTERNET BANKING

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How to Register for Stawi

Registering for Stawi is a simple application process with no paperwork, no red tape, and instant approval.
  1. Steps and requirements
  • Download the Stawi app from the Google play store.
  • Click OPEN YOUR ACCOUNT to register and proceed to enter your details.
  • You will need to provide:
    1. Your mobile number
    2. Your Kenyan ID or a valid Kenyan passport
    3. A photo of yourself
    4. A photo of your National ID front and back
    5. A photo of a valid business permit/license.
  • A valid email address to create an account.
  1. To qualify for a Stawi loan
  • You will need to possess a Kenyan ID, hold a valid Business Permit, have No Negative CRB listing.
  • Be a fully registered Stawi customer.
  • Have a monthly business turnover of between KES 50,000 to KES 250,000.
  1. Features of the Stawi loan
  • It has a simple application process – no paperwork, no red tape, and instant.
  • You can borrow from KES 50,000 to KES 250,000 depending on your loan limit.
  • Loan repayment period from 1 to 12 months.
  • Low interest rates at 9% per annum.
  • One-time Facility fee of 4% of the loan amount.
  • Insurance fee of 0.7% of the loan amount.
  • Excise duty, which is 20% of the facility fee.