Tag: Simple mobile loans

President Uhuru Kenyatta today (Wednesday November 6, 2019) launched a new credit facility for Micro, Small and Medium (MSME’s) enterprises dubbed Stawi. Stawi is a mobile loan product that will allow MSME’s to access unsecured credit of between Shs 30,000 and Shs 250,000 at an interest rate of 9 percent per annum. The Central Bank…