Earlier this month, this newspaper led with a headline that Safaricom’s Fuliza product lent Sh6.2 billion in its first month after launch. In case you’re one of those laggards that hasn’t entered the M-Pesa universe yet, Fuliza was launched by Safaricom in January 2019. Its objective is to help the M-Pesa user avoid that embarrassing “oh-no” moment when goods or services that she wishes to purchase are literally in hand but the funds to pay are not.
I signed up for the product following an SMS blitz by Safaricom as soon as it was launched for no other reason than to just stop the confounded messages coming through. Two weeks later I stood at the supermarket till purchasing items via M-Pesa. Lord help me because I came up short, Sh434.74 to be precise.