Business Credit Made Easier for MSMEs with New Digital Solutions
Business Credit Made Easier for MSMEs with New Digital Solutions
Micro, small, and medium-sized enterprises (MSMEs) in Kenya have received a major boost with the rollout of improved digital credit facilities through Safaricom, in partnership with leading financial institutions.
The revamped offerings aim to close the credit gap for small businesses while providing more flexible repayment options.
The new suite includes an overdraft service, Fuliza Biashara, and a short-term loan product, Taasi Till, both accessible via the M-PESA Business App or USSD.
Affordable Credit, Instant Access
Taasi Till provides loans ranging from KSh1,500 to KSh250,000, based on a merchant’s credit eligibility. The funds are deposited directly into the merchant’s M-PESA wallet and can be repaid in 14 to 30 days. For merchants using Pochi la Biashara, the newly introduced Taasi Pochi offers similar credit access directly through the Pochi wallet.
Business Credit Made Easier for MSMEs with New Digital Solutions
Fuliza Biashara allows Lipa na M-PESA merchants to draw multiple overdrafts between KSh1,000 and KSh400,000. Repayments are made flexibly—automatically deducted whenever there’s a cash inflow on the till, ensuring continued business operations without pressure.
To qualify, businesses must have operated active tills or Pochi wallets for at least six months.
Driving Growth Through Financial Inclusion
“Businesses play a pivotal role in Kenya’s economy. Leveraging the power of technology, Taasi will offer convenience and access to credit, allowing MSMEs to focus on scaling their businesses,” said Dr. Peter Ndegwa, Safaricom CEO.
With over 23,000 merchants already onboarded and KSh135 million issued during pilot phases, the solution is already making waves. The goal is to build a financially inclusive economy where credit is not a barrier to growth, but a bridge to opportunity.
In conclusion, Safaricom and its partners remain committed to empowering Kenya’s entrepreneurs through digital-first, customer-friendly financial tools.
DTB and Safaricom Partner to Launch ‘Taasi’ Till Loans for MSMEs
