How to Apply and Repay Safaricom Faraja Loans.

 Safaricom Telecommunications Company is always Surprising Kenyans with their incredible Services including Offers and More.

Now it has launch a New Project known as " Safaricom Faraja Loans" it's Similar like Fuliza Mpesa. By the way, Safaricom Faraja Loans has been brought out with the Three Merchants ie, Safaricom, Edmax and Equity Bank of Kenya.

Photo credit: Safaricom Faraja Loans.

There aim is to ensure all Mpesa Users are applicable to apply Short term Emergency Loans  when Purchasing Goods. Safaricom Faraja Loans are available to all Mpesa Users to enable them  to buy Goods On Credit via Lipa Na Mpesa.

Safaricom Faraja Loans is also Known as " Buy Now Pay Later"

Note that,Each Safaricom Mpesa active Users will be having his or her Loan Limit. 

Safaricom Faraja Loans allows you to apply for a a Loan Starting from a Minimum of Kshs. 20 to a Maximum of Kshs. 100,000 having an interest rate of 0% with a adorable payment period of 30 Days.

Here is how you can get start with Safaricom Faraja Loans.

How to Apply and Repay Safaricom Faraja Loans.

It can both work with the App or USSD Code.

Via USSD Code.

- Registration is done as if you're an Active Mpesa User.

- Dial *334#. And follow prompt steps.

- Select No. 6 Loans and Savings.

- Select No. 2 Lipa Na Mpesa.

- Enter the Till Number from the Agent.

- Enter the Amount to Pay for the item (s).

- Enter your MPesa PIN.

- Confirm details and press ok to Submit your Transaction.

Safaricom Faraja Loans USSD Code.

Safaricom Faraja Loans Code is as Follows;

*334#

Safaricom Faraja Loans Interest rate.

As Mentioned early, Safaricom Faraja Loans Interest rate is Null (0%). This means the amount you borrow is the same amount you pay as the time Comes.

You can borrow a loan on a Range of Kshs. 20 upto Kshs. 100,000.

Safaricom Faraja Loans overdue duration is 30 Days only.