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In partnership with @KCBGroup we are excited to introduce another first, #FulizaYaBiashara. It is a mobile overdraft service that enables any business on Lipa Na M-PESA Buy Goods to complete transactions even with insufficient funds.
Businesses will receive an overdraft of upto KSh. 400,000 with a 24 hour interest free period. #FulizaYaBiashara will apply when making transactions from a Lipa Na M-PESA Business Till to other Till Numbers and PayBill Numbers, when sending money to an individual, and when… twitter.com/i/web/status/1…
Once you repay an existing Fuliza overdraft, the limit immediately increases with the repaid amount available for subsequent overdrafts up to the assigned limit. The #FulizaYaBiashara overdraft is automatically repaid from incoming till payments and offered at a 2% fee, with a 24… twitter.com/i/web/status/1…
