Invest Ksh 250,000 at Ecobank Kenya for 10 years.
At Ecobank Kenya's current weighted-average deposit rate of 8.78%, a Ksh 250,000 deposit grows to about Ksh 599,601 after 10 years — about Ksh 349,601 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 599,601
2.40× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 349,601
At 8.78% p.a.
Year by year
Contributions form the floor; interest compounds on top.
Could you earn more elsewhere?
The same Ksh 250,000 in Cytonn Money Market Fund — currently Kenya's top-yielding MMF at 9.39% net of 15% WHT — would grow to about Ksh 637,023 over the same 10 years. Run your own numbers on the compound interest calculator.