Invest Ksh 250,000 in African Alliance MMF for 3 years.
At African Alliance MMF's current net yield of 4.97% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 290,194 after 3 years — about Ksh 40,194 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 290,194
1.16× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 40,194
At 4.97% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 364,988 over the same 3 years — that's -Ksh 74,794 less than African Alliance MMF.