Safaricom Agent Financing for Float and Business Expansion
Running a busy Safaricom or M-PESA agency depends on having enough float and working capital to serve customers consistently. The KCB Sahl Safaricom Agent Facility gives eligible agents access to Shariah-compliant business financing for float purchase and expansion of agency operations.
Financing starts from KES 50,000, with unsecured facilities available up to KES 10 million and secured financing above KES 10 million, subject to qualification. The facility is structured under Liquidity Murabaha Financing or Murabaha and can be repaid over a maximum period of five years.
Purchase float to meet customer demand without disruption.
Strengthen working capital as your agency grows.
Subject to commission history, business profile and assessment.
Above KES 10 million requires security.
Depending on the approved facility and terms.
After 50% repayment, or 12 months' good track record.
Security requirements vary by facility amount. KCB may require assignment of channel commission proceeds, corporate approvals and other security documentation. KCB will never ask you for your PIN or password.
Rates, fees, charges and product terms may change. Please refer to the latest KCB tariff guide or speak to a KCB representative before applying.
If you're an eligible Safaricom or M-PESA agent, the facility can support float purchase, assessed on your Safaricom relationship, commission history and supporting documents.
KCB offers the Sahl Safaricom Agent Facility through a Shariah-compliant structure.
Yes. The facility is structured under Liquidity Murabaha Financing or Murabaha.
Purchase of float and expansion of agency business.
From KES 50,000. Unsecured financing is available up to KES 10 million; facilities above that are secured, subject to approval.
A six-month Safaricom relationship, six months of commission statements, qualifying residual commission history, an existing KCB account, an agency contract and applicable assignment and security documents.
Required for financing above KES 5 million. Other requirements depend on your business and facility amount.
Yes, up to KES 10 million. Financing above that requires security.
May be considered after repayment of up to 50% of the facility amount, or a good repayment track record over the previous 12 months.
Assignment of channel commission proceeds, a board resolution, directors' guarantees and applicable Safaricom scheme arrangements.
A competitive profit rate, a 3% documentation fee and applicable insurance premiums. Speak to us for the latest charges.
Request a callback through the product page. We'll review your commission history, Safaricom relationship, documents and financing need.
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High Value Conversion
For conversions above KES 100,000, please contact our Forex desk for preferential rates or fill out our forex form.
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