Fuliza borrowers rise to 18.1m as merchant loans sour

Safaricom more than doubled the number of Kenyans eligible to borrow on Fuliza to 18.1 million in the year to March 2026, opening the M-PESA overdraft to 11 million customers who previously had no credit limit. The borrowing base stood at seven million a year earlier, the telco’s 2026 Sustainable Business Report…