Safaricom Unveils Taasi Pochi, Fuliza Biashara, and Taasi Till Loans to Boost SME Financing via M-Pesa
Safaricom’s mobile money platform M-Pesa has unveiled three new credit products aimed at strengthening access to finance for Kenya’s small and medium-sized enterprises (SMEs).
The new offerings Taasi Pochi, Fuliza Biashara, and Taasi Till Loan are designed to ease liquidity constraints faced by traders and business owners, offering loans of up to KSh 400,000 with no collateral required.
The announcement underscores Safaricom’s commitment to deepening its role as a key enabler in Kenya’s business ecosystem, where SMEs form the backbone of employment and innovation.
Empowering Traders with Taasi Pochi
Taasi Pochi is a micro-loan facility available to users actively transacting on Pochi La Biashara for at least six months. Traders can borrow amounts ranging from KSh 1,000 to KSh 150,000, with repayment periods spanning 7 to 30 days. Early repayment helps users grow their credit profiles, opening doors to higher limits in the future.
To apply, customers can dial *334# or use the M-Pesa app under the “Business Financing” section.
Fuliza Biashara: Overdrafts for Business Till Users
Targeting M-Pesa Business Till holders, Fuliza Biashara offers an overdraft facility that allows merchants to complete transactions such as supplier payments or withdrawalsneven with insufficient funds.
With limits of up to KSh 400,000, the overdraft is automatically repaid from incoming till payments, making it ideal for businesses during peak periods.
Business owners can enrol by dialing *234# and selecting “Business Loans” then “Fuliza Biashara.”
Taasi Till Loan: Growth Support for Consistent Merchants
Merchants using Lipa Na M-Pesa tills for over six months can now access the Taasi Till Loan, which offers up to KSh 250,000 in credit. The loan supports working capital needs such as bulk purchases, seasonal stock replenishment, or equipment upgrades. Eligibility and loan amounts are based on till usage and repayment history.
Access is available via *234#, under “Business Loans.”
Driving Financial Inclusion for Kenyan Enterprises
Speaking during the launch, Safaricom CEO Peter Ndegwa said the new suite of products affirms the company’s commitment to supporting Kenya’s entrepreneurial community.
“We are focused on supporting the backbones of Kenya’s economy by enabling easy access to credit and improving business efficiency,” he stated.
Unlike traditional loans, the new products eliminate the need for collateral or lengthy paperwork, making them accessible to more businesses.
As Kenya’s SMEs continue to lead in job creation and local innovation, the tailored credit facilities are expected to play a vital role in enhancing business resilience and fostering sustainable growth across sectors.
