Invest Ksh 250,000 in Nabo Africa MMF for 1 years.
At Nabo Africa Money Market Fund's current net yield of 9.26% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 274,252 after 1 year — about Ksh 24,252 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 274,252
1.10× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 24,252
At 9.26% 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 283,609 over the same 1 year — that's -Ksh 9,356 less than Nabo Africa Money Market Fund.