Invest Ksh 1,000,000 in Kuza MMF for 20 years.
At Kuza Money Market Fund (KES)'s current net yield of 8.43% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 5,396,795 after 20 years — about Ksh 4,396,795 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 5,396,795
5.40× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 4,396,795
At 8.43% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 1,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 12,462,138 over the same 20 years — that's -Ksh 7,065,343 less than Kuza Money Market Fund (KES).