Invest Ksh 500,000 in Kuza MMF for 5 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 762,086 after 5 years — about Ksh 262,086 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 762,086
1.52× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 262,086
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 939,438 over the same 5 years — that's -Ksh 177,352 less than Kuza Money Market Fund (KES).