Invest Ksh 2,000,000 in Faulu MMF for 1 years.
At Faulu Money Market Fund's current net yield of 7.62% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 2,158,340 after 1 year — about Ksh 158,340 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,158,340
1.08× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 158,340
At 7.62% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 2,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 2,268,870 over the same 1 year — that's -Ksh 110,530 less than Faulu Money Market Fund.