Faraja

2 Articles
Unlike its existing loan offerings, Faraja will only be available on Till Number and Paybill - mobile payment options under Lipa na M-Pesa. [Photo/ Digi Merchant]
BUSINESSTECHNOLOGY

Safaricom to Send Debt-Collectors After M-Pesa Loan Defaulters

Safaricom has revealed plans to use debt-collectors to recover unpaid debts following the launch of its latest credit offering 'Faraja'. Faraja is billed...

Safaricom CEO Peter Ndegwa
BUSINESS

Inside Safaricom’s ‘Free’ Faraja Loans For Buying Goods

Safaricom has introduced interest-free loans on its M-Pesa platform, that will allow customers to shop for goods worth up to Ksh100,000 and pay...