Need quick credit to grow your business? Safaricom’s Fuliza for Business and Taasi loans offer Kenyan merchants instant overdrafts and short-term financing via M-PESA. This guide walks you through eligibility, application steps, and benefits—no paperwork required.
What Are Fuliza for Business and Taasi Loans?
Safaricom’s financial solutions cater to MSMEs struggling with cash flow gaps:
- Fuliza for Business: An overdraft facility for Lipa na M-PESA merchants (credit limit: Ksh 1,000–400,000).
- Taasi Loans: Short-term credit split into Taasi Till (for active tills) and Taasi Pochi (for Pochi la Biashara users).
| Feature | Fuliza for Business | Taasi Till | Taasi Pochi |
|---|---|---|---|
| Loan Range | Ksh 1,000–400,000 | Ksh 1,500–250,000 | Ksh 1,000–250,000 |
| Repayment Period | Flexible (auto-deducted) | 14–30 days | 14–30 days |
| Access | *234# or M-PESA Business App | *234# | *334*8# or M-PESA App |
Source: Safaricom Official Site
Eligibility Requirements
To qualify, ensure you meet these criteria:
- Active Lipa na M-PESA till or Pochi la Biashara wallet for 6+ months.
- Consistent transaction history (minimum monthly activity).
- No pending defaults on previous Safaricom credit products.
How to Apply for Fuliza for Business
- Dial *234# or open the M-PESA Business App.
- Select “Fuliza Biashara” from the menu.
- Follow prompts to check your limit and accept terms.
- Funds are instantly available in your till.
How to Apply for Taasi Loans
For Taasi Till (Lipa na M-PESA):
- Dial *234# and select “Taasi Till.”
- Enter the amount (within your limit).
- Repayment is auto-deducted from future sales.
For Taasi Pochi (Pochi la Biashara):
- Dial *334*8# or use the M-PESA App.
- Choose “Taasi Pochi” and input desired amount.
- Receive funds in your Pochi wallet within minutes.
Why Choose Fuliza and Taasi for Your Business?
Kenyan MSMEs benefit from:
- Speed: No bank queues—credit in under 5 minutes.
- Flexibility: Repay as you earn (Fuliza) or within 30 days (Taasi).
- Financial Inclusion: Even informal traders qualify.
“Taasi and Fuliza Biashara democratize credit access, enabling small businesses to seize opportunities without liquidity constraints.” — Dr. Peter Ndegwa, Safaricom CEO
Pro Tips to Maximize Your Loan Approval
- Maintain consistent till transactions (higher activity = higher limits).
- Repay on time to boost eligibility for future loans.
- Use loans for inventory or emergencies—not long-term capital.
Frequently Asked Questions
1. What’s the interest rate for Fuliza for Business?
Rates vary by limit but average 1.083% daily (≈39.5% annually). Compare this to informal lenders charging 10–20% weekly.
2. Can I apply if my till is under 6 months old?
No. Safaricom requires a 6-month transaction history to assess risk.
3. How do I repay Taasi Pochi early?
Dial *334*8#, select “Repay Loan,” and follow instructions.
Final Thoughts
With Fuliza for Business and Taasi loans, Safaricom empowers Kenyan entrepreneurs to bridge cash gaps effortlessly. Whether stocking inventory or covering urgent expenses, these tools offer a lifeline—straight from your phone.
Ready to apply? Dial *234# or *334*8# today and keep your business thriving!
