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How to fuliza by Safaricom guide

by Yvone Kendi
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Fuliza is a Safaricom form of micro-loan business solutions that enables Mpesa customers to pay for goods on loan through Lipa Na Mpesa and to settle the loan later. Fuliza is more like Lipa Na Mpesa’s Okoa Jahazi.Safaricom has partnered with KCB and the Commercial Bank of Africa (CBA) to facilitate this service.

Fuliza lets people to get overdrafts as high as Sh. 50,000 depending on the value of their transactions and the interest rate on your overdraft is 0.5 per cent per day of the outstanding balance.

How to use Fuliza

The service will be offered on the application M-PESA Sim Toolkit (STK) and My Safaricom App.

To subscribe (opt-in) to this service, the customer must dial *234*0# and agree to the terms and conditions of Fuliza.

Image result for how to use mpesa fuliza

Fuliza is accessible for both Send Money and Lipa na M-PESA transactions.


When you opt for a service, you give them the power to recover the overdraft plus fees from your M-PESA account. Safaricom will automatically deduct the amount due from the funds deposited or received in your MPESA wallet until the overdraft has been fully cleared.

You also need to maintain your M-PESA account on an average of at least 60 per cent of your overdraw limit over a period of 30 days.

The overdraft charges are a 1% access fee and a maintenance fee on the outstanding balance as set out in the table below.

0 -100One-time fee of Ksh 2
101-500Ksh 5 per day
501-1000Ksh 10 per day
1001-1500Ksh 20 per day
1501-2500Ksh 25 per day
2501-70000Ksh 30 per day

You can only use the Fuliza Money in your account to complete mpesa transactions;

  • Payment by Lipa Na Mpesa
  • Sending money to users of M-PESA

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