Safaricom has unveiled a suite of revamped credit offerings aimed at improving access to affordable financing for micro, small, and medium-sized enterprises (MSMEs) in Kenya.
The new products Fuliza Biashara, Taasi Till, and Taasi Pochi are designed to address persistent credit gaps in the MSME sector by leveraging Safaricom’s extensive mobile money ecosystem.
The solutions, available via the M-PESA Business App and USSD shortcodes, enable qualified businesses to access loans ranging from Ksh 1,000 to Ksh 400,000, depending on transaction history and eligibility.
“Businesses play a pivotal role in Kenya’s economy and in our communities,” said Dr. Peter Ndegwa, CEO of Safaricom PLC. “By leveraging technology, these new products offer convenience and greater access to credit, allowing MSMEs to focus on growth.”
What’s New?
Fuliza Biashara is a merchant overdraft facility that allows Lipa na M-PESA businesses to draw multiple overdrafts starting at Ksh 1,000 up to Ksh 400,000. Repayments are automatically deducted only when funds flow into the merchant’s till, reducing pressure during slow periods.
Taasi Till is a short-term term loan offering businesses Ksh 1,500 to Ksh 250,000 in working capital, repayable over 14 to 30 days. It targets businesses with more consistent cash flow needs.
Taasi Pochi, designed for informal businesses using Pochi la Biashara, offers loans from Ksh 1,000 to Ksh 250,000 disbursed directly into the Pochi wallet.
To qualify, businesses must have maintained an active M-PESA till or Pochi wallet for at least six months. Once approved, disbursement is instant via M-PESA.
The move is part of Safaricom’s broader strategy to strengthen financial inclusion by simplifying access to credit, especially for Kenya’s informal and underserved business sectors. According to analysts, lack of credit remains a key constraint for MSME growth, particularly for businesses operating outside formal banking channels.
By digitizing credit application and disbursement, Safaricom eliminates much of the paperwork and delays associated with traditional loan processes. The company is banking on the reach and reliability of M-PESA to scale the products across urban and rural markets.
Since its launch, M-PESA has evolved beyond mobile money transfers to offer savings, insurance, and now business credit — helping position Safaricom as a critical enabler of Kenya’s digital economy.
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