Kenyans borrowed up to Sh19.9 billion worth of airtime through Safaricom's Fuliza overdraft in the four months to March, pointing to a growing reliance on credit facilities amid harsh economic times.
In its latest sustainability report, Safaricom indicated that since opening the lines of credit to enable customers to use the overdraft facility to buy airtime, an additional Sh19.9 billion in the overdraft service turnover had been unlocked as at the close of the fiscal year on March 31 this year.
