×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Safaricom reveals that in nine months, Kenyans ‘Fuliza’ Sh140billion

Kenya’s leading mobile operator, Safaricom, revealed that subscribers borrowed Sh140billion in nine months through their overdraft service, Fuliza.

Fuliza, which charges customers between Sh5 and Sh30 per day on amounts borrowed, has since its launch in January 2019, earned the company Sh1.2billion.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902