Boost ya Biashara loan is a Credit loan facility offered to Buy Goods and Services Till Merchant. The service was enrolled by Safaricom in collaboration with Kenya Commercial Bank (KCB). The loan facility enables business people with till to get extra overdraft service to pay suppliers when their till have insufficient funds. This facility operate like Fuliza. In other words it can be termed as Fuliza Ya Biashara.
WITH OR WITHOUT OKOA JAHAZI GET DATA OFFERS BELOW:
- 1 GB (valid 1hr) @ 19/=
- 250 MBs (valid 24hrs) @ 20/=
- 1.25 GB (Valid Midnight) @ 55/=
- 1.5 GB (valid 3hrs) @ 50/=
- 350 MBs (valid 7 days) @ 49/=
PAY TO TILL NUMBER 4185628
How To Apply Boost Ya Biashara Loan
- Dial *234# from nominated number
- Select M-PESA Business Till
- Select Business Loans
- Select Boost ya Biashara
- Accept Terms & Conditions
- Enter Operator ID
- Enter Operator PIN
- Merchants will receive a message confirming that they have successfully opted in and the Boost ya Biashara limit assigned.
What are Boost Ya Biashara Charges
Boost Ya Biashara offers cheap access fee of 2% for every disbursement, the service fee is affordable as it ensures business people continue to do trade even when they are low on funds.
When are Boost Ya Biashara Repayment Period
Boost Ya Biashara is repaid back after 30 Days. However, business individuals can repay the loan as early as possible depending on the number of transactions being done by customers.
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How To opt out of Boost Ya Biashara Loan
The business owner can use the below steps on USSD to opt out, after settling any outstanding balances they may owe.
- Dial *234#
- Select M-PESA Business Till
- Enter Store Number
- Select Business Loans
- Select Boost ya Biashara.
- Select opt out.
Business loans are important in a business as they contribute to profit earned. Therefore, Just like any other business, operating a business using a loan is part of business assets and liabilities which account for when preparing a financial statement of a business.
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