Safaricom in partnership with Commercial Bank of Africa launched a Mpesa overdraft service popularly known as Fuliza M-Pesa that allows you to complete your Mpesa transactions even if you have zero or insufficient funds in your Mpesa account.
The service was initially intended for the other service offered by the company such as Lipa Na M-Pesa, Buy Goods via till number and Pay Bill as well as Send money. But Kenyans being Kenyans took advantage of it and termed it as Fuliza loan.
How to Fuliza M-Pesa Loan
To Fuliza M-Pesa:
Dial *234# from your Safaricom line
Select 0 as your first option “Fuliza M-pesa”.
Then, select opt-in and you’re good to go.
Do a normal transaction on your mpesa account to activate Fuliza.
Note: You can Fuliza multiple times before repayment so long as you’re within your Fuliza limit. 😉