Fuliza charges are based on the amount borrowed. For instance, if you borrow Ksh 100, Safaricom will charge you Ksh 2 which is a one-time fee.The rates for Ksh100 and above are different. The maximum amount charged is Ksh 30 per day for Fuliza loan of Ksh2501 to Ksh70,000.
You will be charged 1% access fee and a maintenance fee on the outstanding balance as per below table. Normal M-PESA transaction charges apply.
|Band||Tariff||Promotional Tariff for 30 day from launch|
|0 -100||One-time fee of Ksh 2||One-time fee of Ksh 0|
|101-500||Ksh 5 per day|
|501-1000||Ksh 10 per day|
|1001-1500||Ksh 20 per day|
|1501-2500||Ksh 25 per day|
|2501-70000||Ksh 30 per day|
To avoid being charged more,ensure you pay your Fuliza loan in time.The maximum amount of loan you can borrow through MPESA is Ksh70,000