Fuliza is a Safaricom form of micro-loan business solutions that enables Mpesa customers to pay for goods on loan through Lipa Na Mpesa and to settle the loan later. Fuliza is more like Lipa Na Mpesa’s Okoa Jahazi.Safaricom has partnered with KCB and the Commercial Bank of Africa (CBA) to facilitate this service.

Fuliza lets people to get overdrafts as high as Sh. 50,000 depending on the value of their transactions and the interest rate on your overdraft is 0.5 per cent per day of the outstanding balance.

How to use Fuliza

The service will be offered on the application M-PESA Sim Toolkit (STK) and My Safaricom App.

To subscribe (opt-in) to this service, the customer must dial *234*0# and agree to the terms and conditions of Fuliza.

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