This Is How Much Kenyans Fuliza Daily


Safaricom has revealed that Kenyans borrow Ksh962.2 million daily on their Fuliza platform.

This is only Ksh 38 Million short of a billion. This explains why Fuliza had a 31% revenue growth in 2021 alone.

There are very good indications that the Safaricom’s overdraft service Fuliza has been key in the economic empowerment and development among Kenyans.

The revenue from Fuliza in 2021 dwarfed revenue from M-Shwari and KCB M-Pesa both of which fell 13.4% and 18.7% respectively.

M-Shwari disbursed Ksh94.5 billion while KCB M-Pesa managed Ksh 281.1 billion.

Fuliza is offered by Safaricom in partnership with NCBA and KCB banks.

How much a customer is given is based on their M-Pesa transaction history.

Fuliza charges a 1% access fee and a daily maintenance fee of between Ksh2.4 and Ksh 36.

UDA presidential candidate Dr William Ruto and Central Organization of Trade Unions (COTU) boss Francis Atwoli have not had very kind words for Fuliza.

Meanwhile has remained East Africa’s most profitable firm after its annual revenues rose by 12.3% to hit Ksh 281.1 billion.

Did You Know

1.Safaricom Board chairman Michael Joseph recently said that this is not the Fulize he wanted.

2. Fuliza was launched as a new product in 2019.

3. Very few Kenyans default on Fuliza loans

4. Fuliza fee starts from Sh2 per day for Sh100 overdraft and Sh30 per day for Sh2,500 and above.



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