Central bank of Kenya (CBK) governor Dr. Patrick Njoroge today led five commercial banks in launching the pilot phase of a mobile loan product targeting SMEs dubbed Stawi. The launch took place at Gikomba market. The mobile?based credit scheme is set to improve access to credit for small?to?midsize enterprises. Stawi, will initially be managed by five banks – commercial bank of Africa, the cooperative bank of Kenya, Diamond trust bank Kenya, KCB bank (Kenya), and NIC Group. Customers will access the loan through a mobile phone application.