{"id":265,"date":"2020-12-08T21:20:57","date_gmt":"2020-12-08T18:20:57","guid":{"rendered":"https:\/\/www.mobileloansinkenya.com\/?page_id=265"},"modified":"2021-01-25T13:34:20","modified_gmt":"2021-01-25T10:34:20","slug":"fuliza-mpesa-loan-rates-limit-app-works-safaricom","status":"publish","type":"page","link":"https:\/\/www.mobileloansinkenya.com\/fuliza-mpesa-loan-rates-limit-app-works-safaricom\/","title":{"rendered":"Fuliza Mpesa loan, rates, limit, app and how it works Now Dial *234# Safaricom"},"content":{"rendered":"\n\n\n
Safaricom Fuliza overdraft facility was announced in late 2018 with it going live just a few days ago. In less than 1 week since its launch, Fuliza attracted more than 1 million users borrowing over 1 Billion Kenyan sillings according to Safaricom CEO Bob Collymore who spoke with Reuters.\n\n\n\n
Fuliza Mpesa loan is actually an overdraft service and not a loan as most of Kenyans think. This overdraft facility enables you to complete your MPESA transactions when you have insufficient funds. Within less than an a week Safaricom Mpesa customers have drawn more than KES 1.5 billion, which is quite impressive and scary at the same time.\n\n\n\n