Safaricom PLC has overhauled its merchant-credit offering, launching new loan products that give any M-PESA till or Pochi wallet active for six months immediate access to the funds, for the more than 600,000 Lipa-na-M-PESA merchants nationwide.
The initiative to empower small-scale businesses in the country, will see users receive loan amounts of upto Ksh 400,000. Here's a brief background information on M-pesa, the outlook and a guide on how to access funds.