Stawi Loan Calculator (Interest Rates)

Stawi Loan Interest Rates Calculator

You can now use our calculator to learn on how much interest Stawi App Loan charges per year. Repayment procedures will be updated later.

Stawi Loan Interest Rates Calculator
Stawi Loan Interest Rates Calculator/Photo by CBK

About Stawi Loan

Stawi Loan is a loan provided through a mobile app for small and medium-sized enterprises (SMEs) in Kenya that was launched by the central bank of Kenya governor on 20th May 2019 in partnership with CBA, Cooperative Bank, DTB, KCB and NIC bank (download pdf of CBK press release about Stawi Launch).

To learn more about Stawi Loan visit: How Stawi Loan Works

Stawi Loan Interest Rates

According to the StandardMedia, interest rates for stawi loan are 9% per year plus facility fee of 4%, insurance fee of 0.7% and exercise duty of 20% of facility fee. That is the criteria we have used create this calculator.

Stawi Loan Calculator

Get to know of how much you will be charged per year for each stawi loan you take using the calculator provided below.

This calculator was created by Kenyayote. You can check interest rates upto a period of 3 years. It should however be noted that you should repay your loan within 1 year.

UPDATE: This calculator has been removed since Stawi has developed its own. We have a provide a link to stawi website where you will find the calculator.

NOTE: Let us know via email if you find any error with this calculator.

Do not miss all our latest updates about Stawi Laon Calculator

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Kenyayote Reporter

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13 responses

  1. Peter mtwanku Avatar
    Peter mtwanku

    Av carculated the interest is 14.5%

    Reply
  2. Peter Ngeno Avatar
    Peter Ngeno

    This is the best initiative so far by Jubilee government. They need to scale up the funding to disburse yearly to the level of mega projects. The payback will be immediate. Imagine sme’s in agriculture, small manufacturing and services business that will employ thousands. carpentry businesses, hair dressing, mama mboga’s, poultry, dairy, wielders etc

    Reply
  3. Josphat M. Avatar
    Josphat M.

    This is encouraging because of ease and convenience of accessing the loan.

    Reply
  4. Farasi Kenga Avatar
    Farasi Kenga

    A good one. Am for the idea that all charges be merged and the final interest rate be published. No need to hide anything.

    Reply
  5. cyrus Avatar
    cyrus

    why say 9% and in real sense its 14% we need to be realistic and speak the truth but its a good thing

    Reply
  6. Wycliffe nasiali Avatar
    Wycliffe nasiali

    Wycliffenasiali@gmail.com

    Reply
  7. Barnabas Gikonyo Avatar
    Barnabas Gikonyo

    Great stuff especially for business people.

    Reply
  8. fredrick Avatar
    fredrick

    I have calcilated the interest rate is 14.5%

    Reply
    1. kk Avatar
      kk

      same to me so no difference from taking from a bank

      Reply
  9. PETER Avatar
    PETER

    good opportunity for business.

    Reply
  10. phyllis kamau Avatar
    phyllis kamau

    great support for small businesses, good interest rates

    Reply
  11. Grace mukunjura Avatar
    Grace mukunjura

    It will any business person out there very helpful indeed.

    Reply
  12. Gladys Wanjiru Avatar
    Gladys Wanjiru

    This is good idea.

    Reply

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