Fuliza M-Pesa
Pros
- +Overdraft facility - complete transactions even with zero balance
- +Automatic activation for eligible M-Pesa users
- +No application needed
- +Instant access 24/7
Fuliza M-Pesa vs M-Shwari Loan - Mobile Money Loans Comparison 2025
Compare Fuliza M-Pesa and M-Shwari Loan side-by-side. Interest rates, fees, loan amounts, eligibility requirements, and customer reviews. Find the best mobile money loans for you.
At a Glance
Best Rate
Safaricom M-Pesa
Lowest Fees
Safaricom M-Pesa
Fastest Approval
Safaricom M-Pesa
Overall Winner
Safaricom M-Pesa
| Feature | Fuliza M-Pesa Safaricom M-Pesa | M-Shwari Loan Safaricom M-Pesa |
|---|---|---|
| Interest Rate | 1.083% p.a. Best Rate | 7.5% p.a. |
| Loan Amount Range | KES 1 - KES 100,000 | KES 100 - KES 1,000,000 |
| Repayment Period | 1 - 30 months | 1 - 1 months |
| Fees | N/A | N/A Lowest Fees |
| Key Features |
|
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| View Details & Apply | View Details & Apply |
M-Shwari Loan
Pros
- +Instant approval - get loan in seconds
- +No paperwork required
- +Access via *234# USSD or M-Pesa app
- +Loan limit increases with good repayment
Frequently Asked Questions
Which is better: Fuliza M-Pesa or M-Shwari Loan?
Fuliza M-Pesa offers a more competitive interest rate starting at 1.083% per annum. However, the best choice depends on your specific needs, loan amount, and repayment period. Fuliza M-Pesa from Safaricom M-Pesa may be better for Overdraft facility - complete transactions even with zero balance, while M-Shwari Loan from Safaricom M-Pesa excels at Instant approval - get loan in seconds.
What are the main differences between Fuliza M-Pesa and M-Shwari Loan?
Fuliza M-Pesa from Safaricom M-Pesa offers rates from 1.083% p.a. with loan amounts up to KES 100,000. M-Shwari Loan from Safaricom M-Pesa offers rates from 7.5% p.a. with loan amounts up to KES 1,000,000. Compare features, fees, and eligibility requirements above.
How fast can I get approved for these mobile money loans?
Approval times vary: Fuliza M-Pesa typically takes 24-48 hours, while M-Shwari Loan processes applications in 24-48 hours. Digital products like M-Pesa loans can be approved instantly, while bank loans may take 1-3 business days.
Do I need collateral for Fuliza M-Pesa or M-Shwari Loan?
Collateral requirements depend on the loan amount and product type. For amounts under KES 500,000, many mobile money loans are unsecured. Larger loans may require collateral such as a logbook, property, or salary assignment. Check specific requirements for each product.
Can I apply for both Fuliza M-Pesa and M-Shwari Loan?
While you can technically apply to multiple lenders, having multiple active loans affects your debt-to-income ratio and CRB profile. It's generally better to choose one product that best fits your needs. Use PesaMarket's comparison tools to make an informed decision.
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