Ingenious hacks to increase your Fuliza limit

For many young Kenyans, the convenience of Fuliza has become an integral part of their financial toolkit. This collaborative venture by Safaricom, KCB, and NCBA has not only eased payment woes but has also evolved to offer even more advantages. Safaricom delighted its customers by slashing daily charges for loans below Sh1000 by a remarkable 50 per cent.

Let’s delve into the key updates:

Loan Amount	Previous Daily Charge	New Daily Charge
Up to Sh1000	Ksh10	Ksh5
Up to Sh500	Ksh5	Ksh3
Sh2500 to Sh70,000	Sh30	Sh25

Moreover, a three-day waiver on interest has been introduced for loans below Ksh 1000, incentivizing prompt repayments.

Now, if you’re looking to elevate your Fuliza experience by increasing your limit, here are seven friendly strategies tailored for you:

1. Frequent Use of Safaricom Services

Engage with Safaricom services regularly. This showcases your reliability as a customer and might just lead to an increase in your Fuliza limit.

2. Timely Repayments Matter

Demonstrating responsibility in repaying Fuliza balances on time reflects positively on your borrowing habits. Timely repayments are a signal to the lender that you are a low-risk borrower, potentially raising your limit.

3. Boost M-Pesa Transaction History

The more transactions you conduct through M-Pesa, the greater the likelihood of a higher Fuliza limit. The lender considers your transaction history and payment behaviour when assessing your creditworthiness.

4. Maintain a Stellar Credit Score

Your credit score is a key factor in determining your Fuliza limit. Keep your credit score healthy by making timely payments, avoiding loan or credit card defaults, and ensuring a positive debt-to-income ratio.

Pro Tip: Consistent on-time payments enhance your creditworthiness, making you a favourable candidate for a higher Fuliza limit.

5. Upgrade Your Mobile Money Account

Depending on your mobile network operator, consider upgrading your mobile money account to a higher tier for an increased Fuliza limit. Providing additional information, such as proof of income, may be required.

6. Request a Limit Increase: Easy Steps

Follow these simple steps to potentially boost your Fuliza limit:

Step	How to boost your Fuliza limit
1	Be a frequent MPesa and Fuliza user, with on-time repayments and no outstanding balance.
2	Dial *234# on your MPesa registered line.
3	Select Fuliza M-PESA.
4	Opt-Out, then dial *234# again and select Opt-In.
5	Cross your fingers and, if successful, enjoy the increased limit!

Note: There’s a fifty-fifty chance, as Safaricom may reset your balance to the default Ksh 300.

7. Loyalty Rewarded: Use the Service Longer

The duration of your Fuliza usage can influence your limit. If you’ve been a loyal and consistent user over an extended period, you may find yourself enjoying a higher Fuliza limit as a token of appreciation.

Remember, these strategies are designed to enhance your Fuliza experience within the bounds of your financial habits. Implement them wisely and watch your Fuliza potential grow!