Faraja is a collaboration between Safaricom and EDOMx, a local fintech company that specializes in digital solutions for merchants and consumers. Faraja Credit through the Mpesa app can enable you to buy anything and pay later by simply dialing *799#. Safaricom Kenya some months back launched a new service Faraja credit. Faraja means joy in … Read more
In today’s fast-paced world, access to quick and affordable credit is essential for meeting urgent financial needs. M-Pesa Fanikiwa Loans have emerged as a reliable solution for Kenyans seeking instant loans with minimal hassle. Whether you need KES 100 or KES 10,000, this service offers a convenient way to borrow at an affordable interest rate … Read more
Kenya’s digital lending space has a new disruptor—the Faraja Loan, a Ksh100,000 interest-free credit facility approved by the Central Bank of Kenya (CBK) and powered by Safaricom’s Lipa Na M-Pesa platform. Launched in partnership with EDOMx Ltd and Equity Bank, Faraja allows shoppers to buy goods instantly and pay later within 30 days without interest. This guide covers how Faraja works, its benefits, repayment … Read more
Safaricom, Kenya’s leading telecommunications provider, has introduced Faraja Loan, a new interest-free loan product designed to offer financial relief to M-Pesa users. This initiative aims to provide quick, accessible, and affordable credit without the burden of high-interest rates. In this guide, we’ll explore how the Faraja Loan works, eligibility requirements, application steps, repayment methods, and its benefits compared … Read more