MPESA agents loans

Safaricom has recently introduced another loan service apart from The famous Mshwari, KCB MPESA and Fuliza dubbed "Okoa Float". The new loan service is set to help Safaricom MPESA agents be able to handle MPESA customers deposits even if they don't have enough float. This service is available to all MPESA agents in Kenya.

How To Register For Okoa Float Loan 

MPESA agents can register for Okoa Float loans by dialling Okoa Float USSD code:*898# Enter their business's name and follow the rest of the simple instructions to register.

Requirements/ Qualifications For Okoa Float Loans 

To qualify for Okoa Float loans  one must have the following:

  • Certificate of incorporation as an agent 
  • MPESA statement for at least 6 months 
  • Agency Director's National IDs and KRA PIN numbers

How To Repay Okoa Float Loans

The Okoa Float loans are cleared automatically once the agent makes float reload. This loan feature is free of charge and has a repayment period of 3 days.

How To contact Okoa Float loan Customer Care

To contact Okoa Float loan customer service, contact Safaricom via 100 for free. 


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