Safaricom PLC (NSE: SCOM) has today launched enhanced credit solutions targeting micro, small, and medium enterprises (MSMEs) across Kenya, in partnership with financial institutions.
The initiative is designed to address long-standing credit gaps in the business sector while offering flexible repayment options and accessible loan terms.
Esther Waititu Chief Financial Services Officer giving herremarks during the M-pesa Business Credit Launch in Nairobi at the Michael Joseph Center.
Through Fuliza Biashara, Lipa na M-PESA Merchants can draw multiple overdrafts from a minimum of Kshs 1000 to Kshs 400,000 based on their assigned limit.
Through Fuliza Biashara, Lipa na M-PESA Merchants can draw multiple overdrafts from a minimum of Kshs 1000 to Kshs 400,000 based on their assigned limit.
As part of the revamp, merchants will now be able to repay their overdraft flexibly recovered when there’s inflow on the till to allow business continuity. The credit solutions are available via the M-PESA Business App or USSD *234#.
For businesses using Pochi la Biashara, ‘Taasi Pochi’offers credit ranging from KES 1,000 to Kshs 250,000, available immediately on the Pochi wallet via the M-PESA App or USSD *334*8#.
To qualify, merchants must have had active tills or Pochi wallets for at least six months. Once approved, funds are disbursed directly to the M-PESA wallet, with repayment terms ranging from 14 to 30 days.
Safaricom PLC Chief Executive Officer (CEO) making his address during the M-pesa Business Credit Launch in Nairobi on 21st May, 2025 at the Michael Joseph Center.
“Businesses play a pivotal role in Kenya’s economy and make a significant impact in our communities. Leveraging the power of technology Taasi, will offer convenience and access to credit for MSMEs, allowing them to focus on scaling their businesses,” said Dr. Peter Ndegwa, Group CEO, Safaricom PLC.
Credit is the backbone of any growing business it keeps things running and fuels the kind of investments that lead to real growth. With M-PESA, businesses and individuals can access simple, secure, and reliable financial tools that don’t just move money they help build a stronger, more resilient Kenya.
By enhancing credit access for entrepreneurs, Safaricom aims to support long-term economic empowerment and resilience, particularly among small businesses that are vital to Kenya’s growth.
