Fuliza is a Safaricom product allowing subscribers access to overdraft loans of up to as high as Sh50,000.
The service is available to Safaricom subscribers who use the company’s financial tool, M-pesa. Users are assigned a Fuliza limit depending on their M-pesa usage.
The company assesses the value of your transactions to award you a limit. The micro loan attracts a 0.5 percent interest per day of the outstanding balance.
Using Fuliza is quite easy. It is an opt-in service allowing subscribers to access short-term loans which can be used to send money and pay for goods and services.
To opt in, dial *234# and press 0 to start using the service.