Safaricom Ziidi: Should You Invest in it to Earn Daily Interest?
Safaricom Ziidi is a new money market fund (MMF). It promises to offer amazing passive investment—potentially outperforming traditional savings accounts. For MESHERS seeking good investment options in Kenya, Ziidi could be a good option.
We put in 10K into a Ziidi account in January 2025 to see how it would do. Otachi reports on how our money has been doing since!
We’ll break down the results below.
Remember MESHERS: always prioritize financial safety over hype. All investments carry risk. Never invest money you can’t afford to lose. MESH doesn’t earn a shilling from Safaricom—we’re here to keep it 💯 with you!
🔥Money Market Funds 101: What’s the Buzz? Let’s Spill the Tea! ☕
Before we deep-dive into Ziidi—Safaricom’s new "pesa investing" flex—wacha tuelewe MMFs ni nini. Imagine MMFs ni kama your squad’s WhatsApp chama, but instead of kuchanga for Mbuzi Fridays, fund managers wana-mix coins zako na za wengine kwa government bonds or T-bills.
Think of it like joining a chama where doh yako inakula interest kiasi daily!
Are MMFs Your Ticket to Passive income? Here are the benefits 🧑✈️💸
● Low Risk (But Si Zero!): Money Market Funds are safer than betting your last 100 bob on Gor Mahia vs. AFC Leopards, but bado kuna risk ya kupoteza doh yako. Fund managers wana-invest kwa stuff like government loans, so risk ni kidogo. Yet, economy ikicheza flat, returns zako zinaweza slim.
● Better Returns Than Banks: Banks zitakupea 4–7% interest on your savings—boring kama rice bila stew. MMFs (kama Ziidi in this case) serve 8–13% returns! Wanakula 2% ya interest yako upfront. 10K yako inaweza grow to KES 10,980 in a year—si mbaya! Lakini, kuna MMFs mob, na each iko na interest rate yake.
● Liquidity: Una-need pesa ya emergency ya "Niko na shida ya kununua stima token"? Withdraw from Ziidi via M-Pesa—no penalties or "Wait 3 biz days" nonsense. That said, sio MMFs zote zitawacha utoe doh instantly whenever you want. Before uchague ile unataka, ni poa kusoma terms zao.
But… Money Market Funds are Not Magic! ⚠️💸
● Risk iko: Economy ikicollapse, unaweza poteza pesa.
● Returns fluctuate daily: Juzi ulikua na 12%, leo 8.5%. Hio ni life.
● Not for long-term goals: Better for short-term hustles (6–12 months).
Pro Tip from one MESHER: "Cheki vile Otachi alikula from Ziidi hapa 👉 Real-life Ziidi Experience. Hii reel inatushow ni wise ku-invest only ile pesa unaweza tolerate kupoteza. Ziidi si kusave—ni kujipanga na risk!"
What is Safaricom Ziidi?
Safaricom ime-drop Ziidi—a money market fund (MMF) collab na ICEA LION—baada ya kusimamisha taking on new Mali users. Hii product ni kama your digital investment tool. Hakuna paperwork ama "niko bank queue" stress: just M-Pesa vibes, daily interest, na doh yako iki-work overtime. But note: unaweza lose doh yako—invest wisely, MESHERS!
How Does Ziidi Work? A Step-by-Step Guide
No Hype, Just Facts for MESHERS
Ziidi ni Safaricom’s MMF—a digital investment tool accessible via M-Pesa. Here’s exactly how ina-work: 💸
1. Sign Up in Seconds: As Easy as Sunday Morning 🌞
Option 1: Via M-Pesa App (For the smartphone squad)
Download the M-Pesa App: Kama uko na Android/iOS, grab it like that last slice of pizza at a party.
Tap, Tap, Invest!: Financial Services → Ziidi → Invest.
Enter amount (from 100 bob—less than lunch ya rice and beef).
Confirm na PIN yako.
Option 2: Via USSD (For the kabambe gang)
Dial *334# → Financial Services → Ziidi.
Fuata prompts bila stress. No app? Hakuna shida! Ziidi ina-work na phone yoyote—even your katululu.
Tip: Kama unaweza text "Niko na shida" to your buddy, you can sign up for Ziidi. 💁♂️
2. Invest & Earn: Let Your Money Grind While You Flex 💪
Transfer Funds: Move doh yako from M-Pesa to Ziidi easily like vile you sambaza credo to your broke cuz.
Interest Starts Rolling: After 24 hours, pesa yako inaanza kukula interest like it’s nyama choma Sunday. Cheki balance yako daily on the app or via 334#—easy kama stalking your crush’s IG.
Daily Gains: Watch your coins grow.
3. Lock Funds: If You’re an Impulse Spender 🛑
Struggling with "Niko na tamaa ya kuorder vitu mob on Black Friday"? Lock your funds!
Aje? Tap "Lock" kwa app ama USSD. Chagua how long—weeks, months, mpaka 2070.
Unlock? Itachukua 72 hours—enough time ya kujiuliza, "Do I really need that 5th pair of sneakers?" 🤔
No Penalties: Locking/unlocking ni free kama oxygen. Pesa yako itabaki safe from "Oops, niliwaste" moments.
4. Withdraw Instantly: Cash in Your Hand in 3...2...1 🚀
Unataka form haraka ya Gengetone Fest ama kuharibu jina na mbuzi choma, ugali, na kachumbari?
Withdraw to M-Pesa: Instantly, hakuna "Wait 3 bizniz days" nonsense.
No Limits: Toa 10 bob or KES 500K—Ziidi haitakujudge. Your money, your rules.
Ziidi in Action: Our 10K Experiment
Uko curious vile Ziidi ina-perform? MESH invested 10K in January.
Cheki journey yake: