Invest Ksh 500,000 in Kuza MMF for 10 years.
At Kuza Money Market Fund (KES)'s current net yield of 8.43% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 1,161,550 after 10 years — about Ksh 661,550 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,161,550
2.32× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 661,550
At 8.43% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 500,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,765,088 over the same 10 years — that's -Ksh 603,538 less than Kuza Money Market Fund (KES).