Launching Fuliza Ya Biashara Overdraft With KCB

Safaricom and KCB Bank Kenya launched Fuliza Ya Biashara, allowing businesses on Lipa Na M-PESA Business Till to access overdrafts of up to KES 400,000 for 24 hours. This service aims to empower small businesses with instant credit for their operational needs. Over 538,000 businesses stand to benefit from this service, which addresses the gap in access to affordable credit faced by small and micro businesses due to their size and perceived risk.