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
