In Kenya, Fuliza is a game-changer for Mpesa users, allowing you to make transactions even when your Mpesa account balance is insufficient. This service acts as a form of overdraft, allowing you to borrow money and complete your transactions based on your Mpesa usage and credit viability. But how exactly can you use Fuliza to send money to another number? This guide breaks down everything you need to know to easily Fuliza money to another number.
What is Fuliza?
Fuliza is a service by Safaricom, offered via Mpesa, which allows you to complete transactions even when you don’t have enough funds in your account. You can use this service as many times as needed, as long as you stay within your credit limit. The limit varies depending on your Mpesa usage history and Safaricom’s terms and conditions.
Whether you want to pay a Fuliza loan to a different number or send money for other reasons, Fuliza makes it easy. Let’s get started on how to send money using Fuliza!
How to Fuliza Money to Another Number
To begin using the Fuliza service, you need to opt in and activate it on your Mpesa account. Here’s how to do it:
Step 1: Activate Fuliza
- Via USSD Code:
- Dial *334# on your phone.
- Select option 4, which is Loans and Savings.
- Choose option 1 for Fuliza.
- Opt in by selecting the “Yes” option to activate.
- Via Another USSD Code:
- Dial *234# on your phone.
- Select option 0, which is Fuliza M-Pesa.
- Choose the “Yes” option to get started and accept the terms and conditions.
Once you have activated Fuliza, you’re ready to start sending money to other numbers.
Step 2: Fuliza Money to Another Number
Now, follow these simple steps to Fuliza money to another phone number:
- Go to your Mpesa menu on your phone.
- Select “Send Money” from the options.
- Enter the phone number to which you want to send money.
- Input the amount you wish to send, within your Fuliza limit.
- Enter your Mpesa PIN and click OK.
- A pop-up message will appear notifying you that you do not have enough funds. It will also ask whether you want to Fuliza the balance. It will include an access fee and a daily fee based on the outstanding balance (usually between Kshs. 0-30).
- Choose “Yes” to proceed with sending the money.
- You’ll receive a confirmation message showing the total Fuliza balance and the due date for repayment.
That’s it! The money is now sent to the other number via Fuliza.
How to Pay for Tokens Using Fuliza
You can also use Fuliza to pay for utility tokens, like KPLC (Kenya Power and Lighting Company) tokens, as follows:
- Go to your Mpesa menu.
- Select Lipa na Mpesa Paybill and enter 737373 as the business number.
- Enter your KPLC meter number as the account number.
- Input the amount you wish to pay for the tokens.
- Enter your Mpesa PIN and click send.
- A Fuliza pop-up message will appear. Choose option 1 to use Fuliza for the payment.
- After completion, you will receive an SMS confirming your payment and the tokens purchased.
How to Fuliza to Your Own Mpesa
Unfortunately, it is not currently possible to Fuliza money to your own Mpesa account. The service is designed to facilitate transactions to other registered or unregistered numbers. However, you can use Fuliza for various other transactions, such as buying goods and services, paying bills, and more.
Fuliza Charges
While Fuliza allows you to borrow money from your Mpesa account, it comes with charges. These charges are divided into access fees and daily maintenance fees based on the amount borrowed.
Fuliza Fees Breakdown
Here is a table summarizing the Fuliza charges based on the amount you borrow:
| Min (Kshs.) | Max (Kshs.) | Access Fee (Kshs.) | 20% Exercise Duty (Kshs.) | Total Charges (Kshs.) |
|---|---|---|---|---|
| 1 | 100 | 0 | 0 | 0 |
| 101 | 500 | 2.5 (free for the first 3 days) | 0.5 | 3 |
| 501 | 1,000 | 5 (free for the first 3 days) | 1 | 6 |
| 1,001 | 1,500 | 18 | 3.6 | 21.6 |
| 1,501 | 2,500 | 20 | 4 | 24 |
| 2,501 | 70,000 | 25 | 5 | 30 |
Note: The sooner you repay your Fuliza loan, the better. This helps reduce your charges as interest accumulates daily on the outstanding balance.
How to Withdraw Fuliza Money
If you need to withdraw Fuliza money, you can do so directly from an Mpesa agent. Here’s how:
- Go to your Mpesa menu and select Withdraw Cash.
- Choose Withdraw from Agent.
- Enter the amount you wish to withdraw.
- Enter your Mpesa PIN and click OK.
- When prompted to confirm Fuliza, click Proceed.
- The withdrawal amount will be processed, including the necessary Fuliza and withdrawal charges.
Frequently Asked Questions (FAQs)
1. Does Fuliza Have CRB Listings?
Yes, if you fail to repay your Fuliza balance within 30 days or exceed your overdraft limit, your details may be sent to CRB (Credit Reference Bureau) for blacklisting. To avoid this, ensure you repay within the given timeline.
2. Who Qualifies for Fuliza?
To qualify for Fuliza, you must be a registered Mpesa user with an active Safaricom line for at least six months. Your eligibility will also depend on your Mpesa usage, and you will be assigned a credit limit upon activation.
3. How Many Accounts Can I Have for Fuliza M-Pesa?
Each Mpesa registered line will be treated as a separate account, meaning every number can have its own Fuliza limit.
Conclusion
Using Fuliza to send money to another number is a simple process that can be a lifesaver when your Mpesa account balance is insufficient. From paying for goods and services to handling emergency transactions, Fuliza helps keep your financial transactions seamless. Be sure to keep track of your Fuliza balance and repay your loan on time to avoid extra charges and maintain a good credit history.
Good luck as you enjoy Fuliza services!
