How To Access & Repay Faraja Loan By Safaricom

Editorial Desk
By Editorial Desk 2 Min Read

Faraja is a new interest-free loan facility from Safaricom, Equity Bank, and Edomx Ltd. It allows qualifying Safaricom users to shop for goods up to Sh100,000 and pay later.

How To Access Faraja

To access Faraja, you need to:

  1. Dial *799# and select the OPT-In option.
  2. Enter your Safaricom M-Pesa PIN to get your Faraja Limit.
  3. To pay a merchant, dial *799# and select Lipa na Mpesa – Buy Goods and Services or Paybill option.
  4. Enter the amount you want to pay.
  5. Enter your M-Pesa PIN to make a transaction.

How To Repay Faraja

To repay your Faraja loan, you can:

  1. Dial *799# from your Safaricom line.
  2. Choose the transaction you want to pay, and press send.
  3. Enter your MPESA PIN and press send.
  4. Accept or decline the transaction.

Once accepted, you will get an SMS notification confirming the credit transaction details, the amount paid, and the new balance.

Here are some things to keep in mind about Faraja:

  • The loan limit is determined by your credit rating.
  • You can only use Faraja to pay for goods and services at participating merchants.
  • There are no interest charges, but you will need to pay M-Pesa charges at the point of sale.
  • You need to repay your loan within 30 days.

If you are looking for a way to borrow money to pay for goods or services, Faraja is a good option to consider. It is a convenient and affordable way to get the money you need, without having to pay any interest.

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