Indeed there’s serious thirst for mobile paperless money if the statistics are anything to go by!
Safaricom has announced its financial results ending the month of March and its been captured, Kenyans have borrowed a whopping Sh45 billion from Safaricom’s Fuliza credit facility in just e3 months. Jan to March!
The facility has seen a subscription of well over 8 MIllion Kenyans each having FULIZAD at least 5113 Monthly, on average!
During its birth, the facility in the first month alone, Sh6.2 billion was borrowed by 4.4 million customers who had opted into the service translating to an average of Sh1,400 per person.
Safaricom’s customer base now stands at 31.8 million out of over 49 million mobile subscribers in Kenya.