Borrowings from Safaricom’s overdraft service rose to Sh1.2 billion daily in the six months to June this year, signalling the income shortfalls that have pushed many Kenyans to rely on short-term expensive debts.
The amount of cash disbursed on Fuliza hit Sh220.38 billion over the six months, marking a 25 percent jump from Sh176 billion in a similar period last year.
