With Fuliza, you will be able to complete the transaction by even though you do not have the exact amount. 

What is Fuliza M-PESA?

Fuliza is not enabled to every account by default and this is a good thing as it will prevent you from accidentally using the service if you did not intend to do so in the first place.

To opt-in, just dial *234# and choose Fuliza M-PESA. You will be presented with Fuliza Terms and Conditions which you will have to agree to. 

o check your Fuliza limit, balance or even to opt out, you can dial *234# and follow the screen prompts. 

Where does Fuliza Apply?

Fuliza overdraft only comes in to help you when you don’t have sufficient funds in your M-PESA account to complete a transaction. And this is in a couple of ways:

1. Lipa na M-Pesa to Pay Bills e.g. Kenya Power, Water Bills, etc.

2. Lipa na M-Pesa to Till Numbers e.g. Supermarkets, Transport, etc.

3. Sending Money

How do you repay Fuliza?

Repaying the amount awarded to you is easy, just deposit money to your M-PESA account and it will be deducted from that.

If you have used M-Shwari, then you know this is the opposite of that. For M-Shwari, you have to choose to pay the loan unlike with Fuliza where the amount is deducted automatically just like Okoa Jahazi. 

Fuliza Charges

There are charges that Fuliza attracts that you should know about before getting started. 

There is an access fee of 1 per cent and a maintenance fee.

You will be charged between Ksh2- Ksh30 per day each day the account is overdrawn. 

So if you have a Fuliza Overdraft of Ksh200, you’ll be charged Ksh2 one-off fee, plus Ksh5 daily until you repay.  

Below are the charges to expect when using Fuliza:

Amount        Tariff

0 -100             One-time fee of Ksh 2

101-500          Ksh 5 per day

501-1000        Ksh 10 per day

1001-1500      Ksh 20 per day

1501-2500      Ksh 25 per day

2501-70000    Ksh 30 per day

Fuliza Limits

The limit is the maximum amount you can get and should be repaid in 30 days.  

The amount you are eligible to get depends on your account and will be reviewed every 3 months depending on how you use the app. 

To grow your Fuliza limit, Safaricom states that you should continue using Safaricom and M-PESA services frequently and repay Fuliza M-PESA on time by topping up your M-PESA account.

You can use Fuliza as many times as you need as long as you are within the allocated Fuliza M-PESA limit.

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