How To Fuliza Using Safaricom App
To Fuliza using the Safaricom app, follow these steps:
- Open the Safaricom app.
- Tap on the “More” tab at the bottom of the screen.
- Tap on “Fuliza”.
- Enter your M-PIN.
- Select the amount you need to borrow.
- Tap on “Borrow”.
You will then be charged a one-time processing fee of Ksh.10. The amount you borrow will be added to your M-PESA balance and you will have 30 days to repay it. If you do not repay the amount within 30 days, you will be charged a daily interest rate of 1.08%.
Here are some additional things to keep in mind about Fuliza:
- You can only use Fuliza once per day.
- Your Fuliza limit will be reviewed every 3 months.
- You can opt out of Fuliza at any time by dialing *234# and selecting “Opt out of Fuliza”.
If you have any questions about Fuliza, you can contact Safaricom customer care on 020 329 9999.
Here are some of the benefits of using Fuliza:
- It can help you to avoid inconveniences such as declined transactions.
- It can help you to meet unexpected expenses.
- It can help you to improve your credit score.
However, there are also some risks associated with using Fuliza:
- You could end up spending more money than you can afford.
- You could get into debt.
- You could be charged high interest rates.
It is important to weigh the risks and benefits of Fuliza before you decide to use it.
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