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Stawika Loan App: How to Download and Apply for Stawika Loan

By Oluchukwu Ikemefuna

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Stawika, an online lending application, offers loans to customers through a downloadable mobile app. To qualify, individuals must follow simple steps such as downloading the app from Google Play Store, filling in their details, meeting age requirements, agreeing to terms and conditions, and accepting the loan’s interest rate.

Stawika loan app

Once qualified, the loan amount is swiftly transferred to their M-Pesa account, allowing convenient access. Stawika evaluates applicants’ phone data and repayment capacity automatically.

A clean record from the Credit Reference Bureau is mandatory to assess borrowing history and determine the loan amount. Eligible applicants must have an Android phone and an M-Pesa account.

Benefits of borrowing from Stawika include easy access to funds, low interest rates, quick response times, and flexible payment terms.

However, there are drawbacks such as undisclosed interest rate calculations, lack of personalized customer care leading to reduced attention, and short borrowing durations that may affect creditworthiness if repayment is delayed.

Also read: Current Price of Fuel in Nigeria, Kenya and South Africa

How to Download the Stawika Loan App

To download the Stawika loan app and apply for a loan, follow these straightforward steps:

  1. Open Google Play Store and search for the Stawika loan app.
  2. Tap on “Install” and wait for the app to download and install on your device.
  3. Open the app and agree to the terms and conditions.
  4. Enter your M-Pesa phone number.
  5. Enter the OTP verification code sent to your phone number.
  6. Set your password or PIN and confirm it.
  7. Fill in your details as required (names as on your ID card).
  8. Provide the phone number of your next of kin.
  9. You will then be directed to the dashboard screen.
  10. Press the “View Loan Limit” button to see your borrowing limit.
  11. Borrow according to your loan limit, and the money will be sent directly to your M-Pesa number.

Alternatively, you can apply for the loan by dialing the Stawika loan USSD code *872# and following the instructions provided.

Also read: LAPO USSD Code: How to Activate and Use it

How to Repay your Stawika Loan

To repay your Stawika loan, follow the guide below:

  1. Go to the Safaricom SIM toolkit on your phone and select M-Pesa.
  2. Choose “Lipa na M-Pesa” from the menu.
  3. Select “Paybill” option.

-Enter the Stawika business number: 830685.
-For the Account number, input the mobile number you used to borrow the loan.
-Enter the amount you want to repay.
-Provide your M-Pesa PIN to confirm the transaction.
-Review the details and send the repayment.

How to Increase your Loan Limit on the Stawika App

Stawika employs your phone’s data and CRB credit history to evaluate your loan limit and creditworthiness. To enhance your Stawika Loan App limit, follow these strategies:

Preserve your mobile payment SMS messages and refrain from deleting them. Timely repayment of loans is crucial, with early repayment being particularly advantageous. Ensure the Stawika mobile app remains installed on your device consistently.

Maintain a positive credit history with other creditors. Borrow regularly from Stawika and repay promptly, as Stawika now recognizes and rewards good repayment behavior.

Given that Stawika reviews your M-Pesa messages, engage in frequent M-Pesa transactions, allowing significant amounts to flow through your M-Pesa account.

Also read: Update on LAPO Loans: How to Apply, Eligibility Requirements and Loan Packages

FAQs about Stawika Loan App

1. How does Stawika determine loan limits and creditworthiness?

Stawika uses a combination of your phone’s data and CRB credit history to assess your loan limit and creditworthiness.

2. What are the steps to apply for a loan through the Stawika Loan App?

To apply for a loan through the Stawika Loan App, follow these steps:

  • Download the app from Google Play Store.
  • Register your details and agree to the terms and conditions.
  • Verify your M-Pesa phone number.
  • Complete the OTP verification process.
  • Set your password or PIN.
  • Fill in your personal details and next of kin’s phone number.
  • View your loan limit on the dashboard and borrow accordingly.
3. How can I repay my Stawika loan?

To repay your Stawika loan, follow these steps:

  • Go to the Safaricom SIM toolkit and select M-Pesa.
  • Choose “Lipa na M-Pesa” and then “Paybill.”
  • Enter Stawika’s business number (830685) and your loan account number (your mobile number).
  • Input the repayment amount and confirm with your M-Pesa PIN.
4. What can I do to increase my Stawika Loan App limit?

To increase your Stawika Loan App limit, consider the following:

  • Keep your mobile payment SMS messages intact.
  • Repay loans on time or earlier.
  • Maintain the Stawika app on your phone.
  • Maintain a good credit history with other lenders.
  • Borrow and repay regularly on Stawika.
  • Engage in frequent and substantial M-Pesa transactions.
5. What are the advantages and disadvantages of borrowing from Stawika?

Advantages of borrowing from Stawika include easy access to funds, low interest rates, quick response times, and flexible payment terms. Disadvantages may include undisclosed interest rate calculations and limited personalized customer care.

6. How does Stawika reward good repayment behavior?

Stawika rewards good repayment behavior by recognizing borrowers who consistently repay their loans on time and may offer increased loan limits or other benefits.

Also read: M-shwari Soft Loan Requirements


In conclusion, the Stawika Loan App provides a convenient and accessible way for individuals to borrow money online. With straightforward application processes, quick disbursement of funds, and the potential to increase loan limits through responsible borrowing and repayment practices, Stawika offers a beneficial financial solution to meet various needs.

However, borrowers should be mindful of terms and conditions, repayment responsibilities, and the importance of maintaining a positive credit history. Overall, Stawika presents a valuable option for those seeking fast and reliable loan services.

Also read: Helb Portal: how to log in to your Helb Account

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Christian Maximilian
Christian Maximilian

I am a Software Engineer, technical writer, and overall tech enthusiast. For me, utilizing my skills as a Software Engineer to perform Technical Search Engine Optimization is not just a job, but something I gladly incorporate into my pastimes as well, and I have been doing this for over 3 years.

When I'm not coding or writing technical documentation, I enjoy listening to music and exploring new genres.

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