Boost ya Biashara

Boost ya Biashara is a credit facility available on the M-PESA Business till. The facility allows business owners to complete transactions, by overdrawing their accounts, when they have insufficient funds in their M-PESA Business tills.

A business owner will qualify for Boost ya Biashara after opting into the M-PESA Business till and must have been active on M-PESA Business service for over 6 months.

Which business owner can access Boost ya Biashara?

All business owners using M-PESA Business will be able to access the service.

Can a Pochi la Biashara business owner access Boost ya Biashara?

No, the facility is for business owners with a stand-alone store, with active stores on M-PESA Business till.

How will business owners activate Boost ya Biashara?

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.

Which transactions can the business owner complete using Boost ya Biashara?

Boost ya Biashara can be used only for the following transactions done on the till through the nominated number:

The Pay to another Buy Goods till
Pay to a mobile number/customer.
Pay to a utility (Pay bill) till
Withdraw to the nominated number.
Withdraw to M-PESA agent.

How will a business owner use Boost ya Biashara?

After successful opt-in, the business owner will be given a limit that can be accessed when making any of the above transactions when they lack sufficient funds in their till to complete a transaction.

Merchants will receive a notification prompt informing them of the amount they are about to overdraw and action to accept or reject. If they select accept, then the transaction will be completed.

How many times can merchants access their Boost ya Biashara?

Business owners can use it as many times as needed if they are within the allocated Boost ya Biashara limit.

What is the duration of Boost ya Biashara?

Boost ya Biashara is payable within 30 days. However, business owners are encouraged to clear their Boost ya Biashara facility as soon as they can.

What are the Boost ya Biashara charges?

Boost ya Biashara will charge a 2% access fee for every disbursement and a daily maintenance fee as below.

	Daily Maintenance Fee		Access Fee for every Disbursement
	Band (KSh.)	Tariff (KSh.)	Tariff
1.	1 - 999	0	2%
2.	1000 -2,499	12
3.	2,500 - 5,000	30
4.	5,001 – 15,000	50
5.	15,001 – 35,000	150
6.	35,001-70,000	200
7.	70,001 – 100,000	250
8.	100,001-400,000	250

What are the transaction limits for Boost ya Biashara?

Minimum of KSh 1 up to the merchant’s assigned Boost ya Biashara limit. hour.

How will a business owner repay their Boost ya Biashara?

Deductions towards repayment will be made automatically from collections made to the till every 30 minutes of the hour.

What will happen if there are no funds in the till for repayment?

The system will keep retrying to recover the payment until funds are available in the till.

How can a business owner query their Boost ya Biashara details?

The Business owner can query their outstanding balance, Mini statement, and due date via USSD.

Dial *234#
Select M-PESA Business Till
Enter Store Number
Select Business Loans
Select Boost ya Biashara.

What happens if a business owner does not repay the Boost ya Biashara?

A Business owner that does not pay their Boost ya Biashara on time will not be able to access the service, their limit will be reduced and eventually, they will be listed on CRB after 91 days of their due date.

Can a business owner opt out of Boost ya Biashara?

Yes. 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.

Can a customer choose to pay their Boost ya Biashara early?

Yes, Boost ya Biashara is paid back as soon as funds are collected in their business till, business owners should encourage payments via Lipa na M-PESA till to settle their Boost ya Biashara facilities in a suitable time.

What can I do to grow my Boost ya Biashara limit?

Encourage your customers to pay via Lipa na M-PESA, the more you transact the more you grow your limit.

For support business owners can contact:

For further inquiries, support, and training requests, you may reach us on:

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Calling 100 (Prepaid) or 200 (Postpaid)
Visit Safaricom Retail shops countrywide.
Twitter: @Safaricom_Care or @SafaricomPLC
Facebook: Safaricom PLC
Safaricom website: www. https://www.safaricom.co.ke/