The same fees, held longer, still cost far more than any bank rate

Simple yearly rate, %

Fuliza KES 1,000, 1 night584%Fuliza KES 100, 1 night365%Fuliza KES 1,000, 7 nights271.1%Fuliza KES 1,000, 30 nights231.2%M-Shwari, 30 days109.5%Bank average, Aug 202614.34%1-year T-bill9.04%
The same fees, held longer, still cost far more than any bank rate
ItemSimple yearly rate, %
Fuliza KES 1,000, 1 night584%
Fuliza KES 100, 1 night365%
Fuliza KES 1,000, 7 nights271.1%
Fuliza KES 1,000, 30 nights231.2%
M-Shwari, 30 days109.5%
Bank average, Aug 202614.34%
1-year T-bill9.04%
Source: Safaricom, Fuliza page (charges and tariff table), 23 Jun 2025. Information, not advice.Afronomics Receipt ↗