Fuliza

17 Articles
Safaricom head office in Nairobi. PHOTO/@SafaricomPLC/X
BUSINESS

Safaricom’s Fuliza Loans Rise 49% to Ksh1.47T Amid Growing Credit Dependence

Kenyans' appetite for quick mobile credit is continuing to grow, with new figures from Safaricom showing a sharp rise in borrowing through its...

Co op Bank Kalimisha Transaction
BRAND VOICESMART MONEY

Co-op Bank Takes on Fuliza With Kamilisha Transaction Overdraft Loan Service

The new credit facility seeks to offer convenience and flexibility to customers by ensuring uninterrupted transactions

Fuliza ya biashara - how to borrow a nd pay
ENTERPRISE 101FINANCIAL MAKEOVER

Fuliza Ya Biashara: Everything You Need To Know

On 4th May, 2023, telecommunications giant Safaricom PLC partnered with KCB Bank Kenya to launch Fuliza ya Biashara, an overdraft facility that allows...

Fuliza
BUSINESS

Safaricom, KCB Launch Fuliza For Businesses

Safaricom and KCB Bank Kenya have launched Fuliza ya Biashara, a service that enables business owners on Lipa Na M-Pesa to complete payments...

Previously, Fuliza overdrafts could only be used to send money to another subscriber, even with insufficient funds in your M-Pesa wallet, buy airtime, or to pay for goods and services using Lipa na M-Pesa.
BUSINESSTECHNOLOGY

You Can Now Withdraw Your Fuliza Limit at an M-Pesa Agent

It is now possible to withdraw your Fuliza overdraft at an M-Pesa agent. Previously, Fuliza overdrafts could only be used to send money...

Safaricom Loans - CRB Listing Fuliza
BUSINESSSMART MONEY

4 Million Borrowers Freed From CRB To Escape With Safaricom Loans

Safaricom Chief Executive Officer (CEO) Peter Ndegwa has announced that the telecommunications firm is planning to remove four million customers who have been...

President Ruto encouraged responsible borrowing even as he reiterated his recent call to Kenyans  to foster a culture of savings.  [Photo/ @WilliamsRuto]
BUSINESSECONOMY

Ruto’s Plan to Rescue Blacklisted Kenyans & Make Loans Cheaper

President William Ruto on Wednesday, September 28 offered insight into his administration's  plan to increase access to affordable credit and overhaul the credit...

On average, Ksh962.2 million was disbursed everyday via Fuliza in the full year to 31st March 2022. [PHOTO/ ANDREW KASUKU]
FEATURED ARTICLE

Safaricom Slashes Fuliza Charges – See New Tariff and More Details

Safaricom, the telco behind overdraft service Fuliza offered in partnership with NCBA and KCB banks, on Wednesday, September 28 announced the introduction of...

Michael Joseph left his position as Chairman of the Safaricom board on July 31, 2022.
BUSINESSTECHNOLOGY

How Safaricom Messed Up With Mobile Loans – Michael Joseph Explains

Former Safaricom Chairman and CEO Michael Joseph has doubled down on his criticism of the mobile lending sector in Kenya. Safaricom boasts of...