Fuliza Biashara: A Comprehensive Guide for Young Kenyan Entrepreneurs

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If you run a small biz in Kenya, you definitely know the struggle of managing cash flow. One minute you're making sales, the next—boom—you need to pay a supplier or send cash urgently, but your Till is dry. 😭 

Let’s say you’ve just sold a few items but haven’t had time to withdraw the money. Then your regular supplier shows up with a great deal on stock—but it’s cash-on-delivery. You check your Till… not enough funds. What do you do? 

That’s where Fuliza Biashara comes in. It’s like a quick backup plan from Safaricom. This service lets you overdraw your M-PESA Business Till so you can complete important transactions even when your balance is low. 

Whether it's restocking, paying a boda guy, or sending money in a pinch—Fuliza Biashara keeps your business moving. 

Let’s break down how it works and answer some of the most common questions around it. 🕵️‍♂️  Disclaimer: MESH does not get paid to promote this article by Safaricom. This article has not been fact checked by Safaricom. For full product information please visit safaricom [https://www.safaricom.co.ke...].

WHAT IS FULIZA BIASHARA? 

Fuliza Biashara is an overdraft facility linked to your M-PESA Business Till. Hii product inasaidia mwanabiashara kucomplete payments ama withdrawals by borrowing some cash temporarily saa ile till balance yako iko too low.  

The best thing about this is that inasaidia kumalizia payments bila delays, especially kama ni transactions zinaweza affect critical business operations.😊 

Ile credit limit unaweza access ina depend on your till activity and repayment history. Hii sana sana ni ya micro and small businesses that use the M-PESA Business service. 

FULIZA BIASHARA HU WORK AJE? 

When you try to make a payment or withdrawal that is higher than your till balance, Fuliza Biashara income through to cover the difference. Utapata a prompt asking you to accept or decline the overdraft. Ukikubali, Safaricom advances the funds you need instantly.🤑 

Since ni lazima kurudishia Safaricom pesa yao, repayment itahappen automatically. Safaricom watadeduct the borrowed amount plus interest from your future M-PESA Business Till collections. Watakata pesa yao every 30 minutes until payment yao yote iingie.💸   

Ni po asana ujue Fuliza Biashara itakupea a 24-hour interest-free period. After this period, daily maintenance fees apply.  

FEES NA INTEREST RATES 

Kuelewa cost structure yah ii product ni important sana:👀 

● Access Fee - 2% charged kila wakati unaborrow using Fuliza Biashara. 

● As mentioned earlier, uko na a 24-hour window ambayo you will not be charged any interest, after that, utaanza kuchargiwa interest.  

● Daily Maintenance Fee - Charged based on the borrowed amount, inaanza zero for overdrafts under KSh 1,000 to KSh 250 daily for larger overdrafts. 

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Kwasababu unalipa fees daily, ukiweza kulipa yote haraka you will save a lot of money. 

Tafadhali ujue that although limit inaweza fika 400,000K, the actual limit utakua assigned itadepend on your transaction history na repayment behavior yako. 

ELIGIBILITY CRITERIA 

Wale wanaqualify kuaccess Fuliza Biashara ni wale wanameet hii criteria:😎 

● Biashara yako must have been active on M-PESA Business for at least six months. 

● You should have a steady transaction record. 

● Account yako must be in good standing, bila defaults. 

Kama biashara yako ni mpya ama business yako ni irregular you may not qualify initially. Lakini you can become eligible through regular transactions and prompt repayments. 

HOW TO ACCESS FULIZA BIASHARA 

Kama products mingi za Safaricom, Fuliza Biashara is activated automatically after umemeet the eligibility requirements. To check your limit or manage the service, fuata hii process:🧐 

1. Dial *234# from your registered mobile number. 

2. Select M-PESA Business Till. 

3. Choose Business Loans. 

4. Select Fuliza Biashara. 

5. Follow prompts to view your limit, accept loans, or opt out. 

Utapata SMS confirmations with details on your loan and balance. 

WHAT ARE THE FULIZA BIASHARA REPAYMENT TERMS 

Ni important sana kuelewa terms of repayment, since getting it wrong here will land you in financial problems.  

Safaricom wanakata payments zao automatically from your till collections every 30 minutes. Kama uko na insufficient funds, the system retries until payment is made. ⚙ 

Ukichelewa kumake repayment utaanza kuincur additional fees and it will also affect your ability to access future loans. 

USAGE LIMITS AND ADJUSTMENTS 

Overdraft limit yako inadepend on your business activity and repayment behavior. Limits start small, then zinaadjust accordingly with responsible use.  

Of course, ukidelay repayments ama business activity yako ishuke, your limit itaanza kureduce ama pia access yako ikue suspended. 🤦‍♂️ 

Ukumbuke pia that although limit ni 400,000K, actual yako itadepend na transaction history yako na pia repayment behavior yako. 

IMPACT ON YOUR CREDIT PROFILE 

Responsible use of Fuliza Biashara itasaidia sana kubuild a positive credit record with Safaricom. This means utaweza kupata higher limits na access to other credit products itakua easier. 🐱‍🏍 

However, ukimiss payments, creditworthiness yako itashuka na itakua ngumu kwako kuborrow in future. 

COMPARING FULIZA BIASHARA WITH OTHER CREDIT OPTIONS 

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Fuliza Biashara ni poa kwasababu inaoffer quick, automatic credit with smaller limits, lakini iko na daily fees. 💲 

Products zingine zinaweka kua na higher limits lakini application process yazo ni complex. 

CUSTOMER SUPPORT AND DISPUTE RESOLUTION 

Ukianza kutumia hii product then upate shida, please do any of the following: 

● Call Safaricom customer care at 100 or 200 for M-PESA queries. 

● Visit Safaricom shops for face-to-face assistance. 

● Use Safaricom’s online platforms for complaints or inquiries. 

Safaricom itarespond to disputes within a few days.📞 

SECURITY NA FRAUD PREVENTION 

Transactions zako zote za Fuliza Biashara zinarequire M-PESA PIN yako, so usisahau kuprotect pin yako at all costs. Safaricom humonitor unusual activity to prevent fraud.  

I cannot overemphasize just how important it is to keep your PIN confidential and never to share it. 📲 

OPTING OUT OR SUSPENDING FULIZA BIASHARA 

Kama hii product is not working for you, you can always opt out. Process ya kuopt out ni rahisi and you can do it anytime via *234#. Kwanza hakikisha umelipa all debts before opting out.  

Service yako inaweza kuwa suspended for missed repayments hadi ile siku utasettle outstanding balances.😭 

BENEFITS AND DRAWBACKS 

Benefits: 

1. Immediate credit access - Hakuna paperwork. 

2. Husaidia kuavoid missed transactions and cash flow gaps. 

3. Inabuild positive mobile credit history ukitumia vizuri. 

Drawbacks: 

1. Fees add up quickly - Zinaongezeka daily 

2. Short repayment period – Lazima ukue disciplined na cash flow. 

3. New or irregular businesses may face eligibility challenges. 

4. Hii product sio suitable for large-scale or long-term financing. 

FREQUENTLY ASKED QUESTIONS (FAQ) ABOUT FULIZA BIASHARA 

Q: Naweza tumia Fuliza Biashara for personal expenses?💃 

A: Fuliza Biashara iko linked to your M-PESA Business Till, so iko intended only for business transactions. 

Q: Nini itafanyika nikichelewa kulipa?💰 

A: Ukichelewa kumake repayment utaattract additional fees, credit limit yako ita reduce, na itaaffect credit profile yako negatively. 

Q: Nitaangalia aje Fuliza Biashara limit yangu?🙋‍♂️ 

A: Dial *234# and follow the menu prompts to view your available overdraft limit. 

Q: Nawezaaje increase my Fuliza limit?🤸‍♀️ 

A: Limit yako inaweza increase with time kama uta maintain repayments vizuri na ukue na consistent transaction history. 

Q: Kuna njia ya ku opt out of Fuliza Biashara?🙅‍♂️ 

A: Yes, unaweza opt out anytime by dialing *234# alafu you following the prompts. Lipa debts zote ndivo ukue cleared ku opt out. 

Fuliza Biashara ni product unaweza consider, especially kama uko na a small business na unaneed quick access to funds through your M-PESA Business till.  

Kupata hii facility ni quick and convenient na ukilipa haraka unasave yourself high fees na shida za credit. Ukielewa terms and conditions zote na ulipe Safaricom pesa yao, utafaidika sana nah ii facility.