This article explains How to Use Safaricom Faraja Loan. The Faraja loan is available to all qualifying Safaricom users. However, the subscribers must have an active Safaricom line. The loan limit will be determined by the individual’s credit rating. Unlike Fuliza which allows users to send money, Faraja will only be accessible through Lipa Na Mpesa options – Buy Goods (Till Number) and Paybill Number.
How to Use Safaricom Faraja Loan
1. Dial *799#.
2. Select the option of Buy Goods or Paybill.
3. Enter the amount you wish to spend then proceed to key in your Mpesa PIN.
4. You will receive a notification from Safaricom indicating whether the transaction was successful or not.
How to access Faraja by Safaricom
Safaricom is planning to roll out the service to businesses including bars and restaurants, fuel stations, and more supermarkets. If you are wondering how to get a Faraja loan, below is the process.
- Join Faraja by dialing *799#
- Select the OPT-In option.
- Enter your Safaricom M-Pesa PIN to get your Faraja Limit.
- To pay a merchant, dial *799# and select Lipa na Mpesa – Buy Goods and Services or Paybill option.
- Enter the amount you want to pay.
- Enter your M-Pesa PIN to make a transaction.
Safaricom will send an SMS on the failure or success of your transaction.
