How to Increase Fuliza Mpesa Loan Limit in 2024

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In this tough economic times everyone is curious how to secure a soft loan, especially from a dependable lender such as Safaricom. Little wonder that social media spaces are inundated by specialists purporting to be able to increase Mpesa Fuliza loan limits.

Promoters of the hack have set up WhatsApp groups and registered numerous phone numbers through which they fleece hungry, unsuspecting Kenyans. They even purport to possess software that constantly hacks the Safaricom Mpesa system. What a bluff!

Be warned, the hacks don’t work.

So, is there a legitimate way to increase your Fuliza Mpesa Loan Limit?

Incidentally there is. Read carefully the following article.

Frequently use MPESA: the more the number of your daily transactions, the higher your limit may be.
Repayment history: Paying back on time can boost your limit.
Income: Your earnings can affect your borrowing power.
Credit score: A good score may lead to a higher limit.

Safaricom reviews these factors regularly. They may adjust your limit without notice. You can check your current limit by dialing *234# and selecting ‘Fuliza M-PESA’.

The highest Fuliza limit is KES 70,000. But most users start with lower limits. Your limit grows as you prove you can handle credit responsibly.

Strategies to increase your Fuliza limit

Here are some proven ways to increase your borrowing power.

These methods focus on improving your financial habits and demonstrating responsible use of the service.

1) Improving financial behavior

To increase your Fuliza limit, start by managing your money better. Keep a close eye on your spending. Make a budget and stick to it.

Try to save some money each month, even if it’s just a small amount, and transfer your savings to M-Shwari.

Pay your bills on time. This shows you’re reliable with money.
Use M-Pesa for most of your transactions. Safaricom likes to see you using their services regularly.

Avoid taking on too much debt. If you have loans, work on paying them off. This improves your overall financial health.

2) Consistent and timely repayment

Paying back your Fuliza loans quickly is key. When you borrow, try to repay the full amount as soon as possible.

Don’t let your Fuliza balance sit unpaid for long periods.

Set reminders to pay back your Fuliza loans. You can use your phone’s calendar or set alerts in the M-Pesa app.

The faster you repay, the more likely Safaricom is to increase your limit.

If you can’t repay the full amount right away, pay back as much as you can. Even partial payments show you’re making an effort.

3) Frequent usage and transaction patterns

Use Fuliza regularly, but responsibly. Don’t max out your limit every time. Instead, use smaller amounts and repay them quickly. This shows you can handle credit well.

Make frequent M-Pesa transactions. Buy airtime, pay bills, and send money using M-Pesa. The more you use M-Pesa services, the better your chances of getting a higher Fuliza limit.

Try to increase your M-Pesa deposits over time. This shows your income is growing, which can lead to a higher Fuliza limit.

4) Maintaining a good credit score

Your credit score matters for Fuliza. Pay all your loans on time. This includes bank loans, mobile loans and credit cards.

Check your credit report regularly. You can get a free report once a year. Look for any errors and fix them quickly.

Don’t apply for too many loans at once. This can hurt your credit score. Instead, space out your loan applications over time.

If you have a low credit score, work on improving it. Pay off old debts and avoid taking on new ones. Over time, this can help boost your Fuliza limit.

5) Opt-out and opt-in technique

Sometimes opting out then opting in may force the algorithms to reevaluate your financial standing, thus a different limit. Just note that this is often a hit or miss method, and you might actually end up with a limit that is lower than the previous one.

Steps to opt-out and back in:

Open your phone app and dial *234#.
Select the “Fuliza M-PESA” option (Normally option 0).
Choose the “Opt Out” option (usually option 7)
The option above is usually on the second screen, so enter 98 to see more options
Confirm your choice by selecting “Yes.”
Wait for 20 minutes and then repeat the process above (steps 1-2)
This time, select the option Opt-In.

This technique might reset your limit initially, but it can lead to an increased limit upon reactivation.