Pochi la Biashara
Pochi La Biashara (Swahili for "business wallet") is a service tailored for small business owners in Kenya. It enables entrepreneurs—such as food vendors, kiosk owners, boda-boda operators, and market sellers—to receive, manage, and separate business funds from personal funds, all without requiring a second phone number or M-Pesa account. The service offers a simple alternative to more formal business accounts, with unique benefits for informal sectors.
Key Features
- Separate wallets: Keeps business and personal finances distinct within a single M-Pesa account.
- Simple registration: No paperwork is needed; activation is via USSD code.
- Enhanced security: Payments sent to Pochi La Biashara cannot be reversed without the merchant’s approval, reducing risks of unauthorized reversals.
- Direct withdrawals: Funds can be withdrawn directly from the Pochi La Biashara wallet at any M-Pesa agent.
- Airtime sales: Merchants can sell airtime and earn a 5% commission on every transaction.
- Business transaction tracking: Access to mini-statements and detailed transaction history for easier bookkeeping and financial management.
- Send and pay: Merchants can pay suppliers, employees, or other businesses directly from the Pochi wallet.
- Affordable: Standard M-Pesa charges apply, with no additional monthly fees.
Who is Pochi La Biashara For?
- Food vendors and street traders
- Kiosk and shop owners
- Boda-boda (motorcycle) operators
- Secondhand clothes and market traders
- Freelancers and service providers Essentially, it is ideal for small and micro businesses seeking a simple and digital way to manage business cash flows.