What this means
- New M-shwari loan limit has been raised to Ksh. 2000 as oppossed to Ksh. 500
- The more expensive Fuliza which charges a daily fee of 1.083% is now a aption for M-pesa users who do not qualify for the new Khs. 2000 M-shwari loan limit.
- A borrower of Ksh 1000 on M-shwari, pays ksh 56.25 fee will now pay Ksh 243.68 fee on Fuliza
- Any M-shwari Loans below Ksh. 2000 will be shifted to Fuliza