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Safaricom has partnered with KCB Bank Kenya to launch Fuliza ya Biashara, an overdraft facility that allows extension of credit to business owners...
JUSTUS KIPRONO
Safaricom and KCB Bank Kenya have launched Fuliza ya Biashara, a service that enables business owners on Lipa Na M-Pesa to complete payments...
BT Reporter
Previously, Fuliza overdrafts could only be used to send money to another subscriber, even with insufficient funds in your M-Pesa wallet, buy airtime,...
BUSINESS TODAY
Safaricom Chief Executive Officer (CEO) Peter Ndegwa has announced that the telecommunications firm is planning to remove four million customers who have been...
BT Reporter
President Ruto stated that millions of Kenyans currently blacklisted by Credit Reference Bureaus (CRBs) from borrowing would be ejected from the list in...
MARTIN SIELE
The new rates will not apply to existing loans. Fuliza users with existing debts will have to pay the current daily maintenance fees...
MARTIN SIELE
Joseph, who was the company's CEO when it rolled out the pioneering mobile money service M-Pesa, explained that his vision was focused on...
MARTIN SIELE
In comparison to Fuliza's 31% revenue growth in 2021, M-Shwari and KCB M-Pesa - Safaricom's two other mobile lending products - fell 13.4%...
MARTIN SIELE
Fuliza, an overdraft facility offered by NCBA Bank and KCB through Safaricom’s M-Pesa is one of the fastest-growing overdraft facilities in Kenya. According...
BT Reporter
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![President Ruto encouraged responsible borrowing even as he reiterated his recent call to Kenyans to foster a culture of savings. [Photo/ @WilliamsRuto]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/09/FdwDuK1XEAAYRiV.jpg?fit=680%2C485&ssl=1)
![On average, Ksh962.2 million was disbursed everyday via Fuliza in the full year to 31st March 2022. [PHOTO/ ANDREW KASUKU]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/09/images-80.jpeg?fit=640%2C479&ssl=1)
![On average, Ksh962.2 million was disbursed everyday via Fuliza in the full year to 31st March 2022. [PHOTO/ ANDREW KASUKU]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/05/images-80.jpeg?fit=640%2C479&ssl=1)
