MALI
Enjoy safe and low risk investment with Mali
It is every person’s holy grail to have wealth. There are many avenues through which this is sought after, the most common being investment in appreciating funds. Evidenced in its name, Mali was conceived with the very idea to help you in your quest to acquire wealth.
Mali is M-PESA’s Money Market Fund which has been approved by the Capital Markets Authority. Stay with me, I am about to break this down. A Money Market Fund is an investment product that puts money into low-risk, short-term financial products such as treasury bills and commercial paper. Its main aim is to provide investors with high liquidity and stable value. It’s a great place to park cash temporarily because it offers easy access and low risk.
Another great advantage with Mali is that is that you don’t need a lot of cash to start. With as little as KES.100, you can start investing and be on your way to securing your future. Deposits and withdrawals are free, so you can move your money freely without incurring charges. Investing in Mali will give you a competitive annual return. This is however computed and compounded daily. The good thing about compound interest is that you earn interest on both the money you’ve saved and the interest you’ve earned. This means that your savings will grow faster over time.
Great for an emergency fund, where you can keep money accessible for unexpected expenses, or short-term savings towards a goal like buying a car or going on vacation, Mali will ensure that your money is safe and working for you. You can also use it to put money away while you consider larger investment options.
Mali can be accessed on your M-PESA Super App and on USSD *334#.
To register on the M-PESA Super App, go to Grow > Select MALI > Accept the T&Cs by tapping on the Opt In tab > Enter M-PESA PIN.
To register on USSD, dial *334# > Select Financial services > Select MALI > Accept the T&Cs > Enter M-PESA PIN.
Get onto Mali and be on your way to financial freedom.