Safaricom has enhanced credit solutions to support micro, small, and medium enterprises (MSMEs) across Kenya, reinforcing its commitment to financial inclusion.
Key Offerings
- Taasi Till: A short-term business credit facility offering loans from Ksh 1,500 up to Ksh 250,000, depending on eligibility.
- Fuliza Biashara: An overdraft facility for Lipa na M-PESA merchants, allowing multiple overdrafts ranging from Ksh 1,000 to Ksh 400,000 based on assigned limits. Repayments are now flexible and automatically recovered when there are inflows on the till, ensuring business continuity.
- Taasi Pochi: Credit from Ksh 1,000 to Ksh 250,000 available instantly on Pochi la Biashara wallets via the M-PESA App or USSD 3348#.
Access & Eligibility
- Credit facilities are accessible through the M-PESA Business App or USSD *234#.
- To qualify for Taasi and Fuliza Biashara, merchants must have had active tills or Pochi wallets for at least six months.
- Upon approval, funds are directly deposited into the user’s M-PESA wallet.
- Flexible repayment periods range between 14 and 30 days.
Safaricom’s Vision
Esther Waititu, Chief Financial Services Officer (CFSO), Safaricom PLC, said the MSMEs are more than just users of the M-PESA platform.
“You are the builders of M-PESA. Your trust, daily transactions, and innovation have made M-PESA what it is today — a financial partner to over 35 million Kenyans.”
“We recognise the challenges you face in accessing affordable credit, and we remain committed to partnering with institutions to ensure safe, convenient, and hassle-free access to credit.”
“Through the credit propositions we are launching today, we hope to empower you to innovate and scale your businesses. This is the beginning of a transformational journey — built for you, by you, and with you.”
“Businesses are vital to Kenya’s economy and communities. Leveraging technology, Taasi offers MSMEs convenient access to credit, enabling them to focus on growth and scaling their operations,” said Dr. Peter Ndegwa, Group CEO, Safaricom PLC.
Credit is essential for business operations and investment. Safaricom continues to provide frictionless, secure, and convenient financial services through M-PESA, aiming to build a resilient and financially healthy Kenya.
By expanding affordable credit access, especially for informal sector entrepreneurs, Safaricom and its partners are driving financial inclusion and unlocking new growth opportunities.
