By Eddah Waithaka
More households and small businesses are turning to digital lending platforms to navigate rising living costs and irregular cash flows, placing mobile-based credit at the centre of short-term financial management.
Responding to this demand, Faulu Bank has expanded access to instant mobile loans, allowing eligible customers to borrow up to KSh 100,000 directly from their phones.
The service uses USSD and mobile app platforms, removing the need for branch visits or paperwork.Customers can access the loans via *339# or the Faulu DigiCash App.
The bank targets traders, salaried and non-salaried individuals. Once approved, the system disburses funds instantly and manages repayments digitally.
“Customers appreciate financial services that fit into their daily lives,” said Faulu Bank Chief Executive Officer Julius Ouma. “Speed, convenience and accessibility are no longer options, thus our continued shift towards mobile-first banking.”
The launch coincides with rapid growth in Kenya’s digital lending sector. The Central Bank of Kenya reported that licensed digital lenders issued over 6.6 million loans worth KSh 109.8 billion in the first eleven months of 2025 alone, signalling strong demand for fast, accessible credit.
Beyond the instant mobile loan, Faulu Bank offers other short-term digital products including Salary Advance, Asset Finance, Working Capital, Landlord Loans, and Emergency Check-off loans for customers with employer arrangements.
The bank says its expanding digital loan portfolio reflects a broader strategy to deepen financial inclusion, improve access to affordable credit, and support households and small businesses through technology-driven solutions.
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