Kenyans are taking loans of up to Sh14 million every hour through M-Pesa, driving Safaricom’s profitability to astronomical levels. The firm last week said there are two loans approved every second on ...

M-Shwari, launched in November 2012, is a mobile-based savings and loan service integrated with M-PESA. It was introduced by Safaricom in partnership with the Commercial Bank of Africa (now NCBA Bank) ...

Mistakenly sent money to Fuliza? It is reversible. Safaricom restores the recipient's debt and refunds your cash via 456.

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For the best experience, please enable JavaScript in your browser settings. Kenyans are taking loans of up to Sh14 million every hour through M-Pesa, driving ...