Do you need short-term mobile loans disbursed directly into your Airtel Money or M-Pesa mobile wallets? You can easily apply, get approved, and repay M-Fanisi Mobile loans via USSD, using your Airtel or Safaricom lines.
M-Fanisi is a mobile-based bank account from Maisha Micro Finance Bank. Once you register, you can borrow loans and repay them within 7 days, 14 days, or 30 days, with one-off facility fees of 4%, 6%, and 10%, respectively. You can also open an M-Fanisi fixed deposit account for a duration of between one and twelve months, which will earn you an interest of 8.50% to 11.25% p.a., depending on the duration. Alternatively, you can open a savings account and earn 7% interest on your savings per year. Here is a step-by-step guide on how to register, borrow, and repay M-Fanisi Mobile loans on your Airtel line, Safaricom line, and the M-Fanisi Android app.
How to register for an M-Fanisi account
To open an account, you must be a registered and active user of either Airtel Money or M-Pesa mobile money services. You can use USSD codes for the respective mobile networks or the Android app to register, borrow, and repay your loan.
Here is the process to register on your Airtel line:
- Dial *222# on your Airtel line
- Select Loans
- Choose M-Fanisi
- Select Register and accept the terms and conditions
To request for a loan on your Airtel line, follow these steps:
- Dial *222# on your Airtel line
- Select Loans
- Choose M-Fanisi
- Select Loans
- Select Request loan
- Enter the amount you want to request
- Select the repayment period
- Enter your Airtel Money PIN
- You will receive your loan in your Airtel Money account in a short while
If you want to register for an account on your Safaricom line, dial *281# and follow the subsequent prompts. You will be required to provide your name and ID number during the registration process.
Follow these steps to borrow a loan on your Safaricom line:
- Dial *281#
- Select Loans
- Select Request loan
- Enter the amount and select the period
- Enter your M-fanisi PIN
- Wait for your loan to be deposited into your M-Pesa account
If you prefer using the M-Fanisi Android app to register and borrow loans, you can download it from the Google Play store. The app will guide you through the registration process, where you will be required to provide your personal details. You can use the app to register, request, and repay your loan. You can access your account via the app even if you registered using USSD on Airtel or Safaricom.
