As Kenyan households continue to navigate persistent inflationary pressures and irregular cash flows, digital credit has emerged as a critical financial lifeline. New data reveals that licensed digital lenders disbursed a staggering Ksh. 109.8 billion in the first 11 months of 2025 alone, underscoring a massive shift toward mobile-first financing.
Amidst this rising demand, Faulu Bank has announced the expansion of its instant mobile loan services, allowing eligible customers to borrow up to Ksh. 100,000 directly via their mobile devices.
The move is designed to eliminate the traditional hurdles of physical paperwork and bank visits, providing immediate relief for traders, salaried employees, and informal sector workers.
The digital lending sector’s rapid expansion is reflected in recent Central Bank of Kenya (CBK) statistics. Between January and November 2025, licensed digital lenders issued over 6.6 million loans, a clear indicator that fast, accessible credit is no longer a luxury but a necessity for the average Kenyan.
Faulu Bank Chief Executive Officer, Julius Ouma, noted that the bank’s strategy is evolving to meet these changing consumer behaviors.
“Customers appreciate financial services that fit into their daily lives,” said Mr. Ouma. “Speed, convenience, and accessibility are no longer options; they are expectations. This is why we are continuing our aggressive shift towards mobile-first banking.”
The Faulu mobile loan is accessible via the *USSD code 339# or the Faulu DigiCash App. Beyond the standard mobile loan, the bank has diversified its digital portfolio to address specific economic niches, including: Salary Advances and Emergency Check-off loans for employees, Working Capital and Asset Finance for small businesses and Landlord Loans tailored for property owners.
By leveraging technology to assess creditworthiness and disburse funds instantly, Faulu aims to deepen financial inclusion for populations that may have previously been locked out of the formal banking system due to lack of collateral or proximity to branches.
The 2025 surge in digital borrowing highlights a broader economic trend where Kenyans are increasingly using short-term credit to manage daily expenses and bridge income gaps.
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