Safaricom, NCBA and KCB Restructure Fuliza With Free Daily Fee

Published: July 8, 2022 at 10:59 AM | Last Updated: October 12, 2022 at 11:49 AM

This move will see customers transacting on Fuliza access the overdraft facility at a free daily maintenance fee for the first three days for transactions of KSh. 1,000 and below. The move benefits more than 80% of M-PESA customers who seek to complete their payment transactions with Fuliza credit. Customers that borrow above KES 1,000 will also enjoy 10 – 20% discount on their Daily Maintenance Fee. The one-off Access fee, levied when customers access Fuliza remains unchanged at 1%, establishing Fuliza as the most accessible and affordable credit facility in the country.