Zidii Money Market Fund

[Jack_Black]

Decided to try this product from Safaricom a few days ago with some little money my mzae sent my way for being a good boy. Deposited 17k into it and the daily income from it was:

Kshs 3.30 a day

What a joke. In a year, that’s a little over Kshs 1,000 for parking 1-2 months rent in an MMF. I’d rather waste the money on aviator.

Mungich business models beget mungich amounts.

[Sidewinder]

@Jack_Black

…oduct from Safaricom a few days ago with some little money my mzae sent my way for being a good boy. Deposited 17k into it and the daily income from it was:
Kshs 3.30 a day
What a joke. In a year, that’s a little over Kshs 1,000 for parking 1-2 months rent in an MMF. I’d rather waste the money on aviator.
Screenshot_20250621_105437_M-PESA1080×847 103 KB
Mungich business models beget mungich amounts.

Why don’t you go further and boldly show as those aviator screenshots showing a better return on your investment so that we can judge?

[hakimoto]

Lowest risk, lowest return

[SledgeHammer]

Hii ni ujinga na upus. Cant just let my cash settle in there doing nothing and earning peanuts. Afadhali ikae tu bank where I can access it anytime I feel like without this bs.

[Jack_Black]

@Sidewinder

…income from it was:
Kshs 3.30 a day
What a joke. In a year, that’s a little over Kshs 1,000 for parking 1-2 months rent in an MMF. I’d rather waste the money on aviator.
Screenshot_20250621_105437_M-PESA1080×847 103 KB
Mungich business models beget mungich amounts.

Why don’t you go further and boldly show as those aviator screenshots showing a better return on your investment so that we can judge?

Here’s a better idea.. find your own 17k and try it yourself.

@SledgeHammer

Hii ni ujinga na upus. Cant just let my cash settle in there doing nothing and earning peanuts. Afadhali ikae tu bank where I can access it anytime I feel like without this bs.

Nah bro, banks offer 0%-0.5% monthly interest on savings.. which is less than nothing. I found this out the day I went to withdraw the 300k needed for my first car. Meanwhile, a 300k loan will transform into 450k when you pay it back.

Ogopa mungichnomics.

[nobert]

You discredit Ziidi because of your small monies and give credit to aviator? You need a psychiatrist. MMF needs serious money, the one you can park for even a year and not feel a pinch, sasa unaweka rent ya bedsitter expecting a to buy a plot kamulu end year?

[Jack_Black]

17k is small money na uko na fuliza ya 500/- hapo bro?

[cheekbusta]

7% return is awful. Wananunua treasury bill at 9 to 10%. Wanakula 2% halafu wanakupatia 7%. Another safaricom scam.

[paparazzi]

Niliweka I think 250k ivi that I didn’t have use for, was earning 49 bob per day.

[lukka]

Nimeweka 100k napata 20bob kwa siku. @SledgeHammer hio pesa inatoka instant.

@SledgeHammer

Hii ni ujinga na upus. Cant just let my cash settle in there doing nothing and earning peanuts. Afadhali ikae tu bank where I can access it anytime I feel like without this bs.

Sasa badala ya kulalisha pesa kwa mpesa, unaweka hapo

[Sidewinder]

@Jack_Black

17k is small money na uko na fuliza ya 500/- hapo bro?

Unatumiwa pesa na baba yako na unajaribu kuwa mkali kwa hizi streets

[Sidewinder]

@cheekbusta

7% return is awful. Wananunua treasury bill at 9 to 10%. Wanakula 2% halafu wanakupatia 7%. Another safaricom scam.

Look at the scam team behind it, a family run affair that will pack up that briefcase of a company when they have stolen cash and it all goes wrong. Ask yourself, who is SIB (standard investment bank)? Run by Grandfather (founder chairman), Son - CEO, Grandson - top management something. I am no tribalist, but look at their names, compare to say that of Safcom CEO… As usual premium tears will be shed in the not so long distant future.

[Man_From_Kitale]

@Jack_Black

…oduct from Safaricom a few days ago with some little money my mzae sent my way for being a good boy. Deposited 17k into it and the daily income from it was:
Kshs 3.30 a day
What a joke. In a year, that’s a little over Kshs 1,000 for parking 1-2 months rent in an MMF. I’d rather waste the money on aviator.
Screenshot_20250621_105437_M-PESA1080×847 103 KB
Mungich business models beget mungich amounts.

Mmf i beleive is a rich mans investment.

Kitu 10 million and above
Probably money stolen na hujui mahali pa kupeleka.

17 k yako nipee nifungue trolley ingine ya smokey

[Jack_Black]

@paparazzi

…IMG_85691170×2532 188 KB
Niliweka I think 250k ivi that I didn’t have use for, was earning 49 bob per day.
IMG_85701170×2532 181 KB

At that rate, it would take you 14 years to make back that 250k. Truly the product of a half baked financial services company.

[Jack_Black]

@Man_From_Kitale

…ay
What a joke. In a year, that’s a little over Kshs 1,000 for parking 1-2 months rent in an MMF. I’d rather waste the money on aviator.
Screenshot_20250621_105437_M-PESA1080×847 103 KB
Mungich business models beget mungich amounts.

Mmf i beleive is a rich mans investment.
Kitu 10 million and above
Probably money stolen na hujui mahali pa kupeleka.
17 k yako nipee nifungue trolley ingine ya smokey

A rich man wouldn’t waste their time on such a foolish product. They didn’t get rich by wasting their money, did they?

[Jack_Black]

@Sidewinder

…

Jack_Black:

17k is small money na uko na fuliza ya 500/- hapo bro?

Unatumiwa pesa na baba yako na unajaribu kuwa mkali kwa hizi streets

Kwani ulikuwa unataka akutumie?

[cortedivoire]

@nobert

You discredit Ziidi because of your small monies and give credit to aviator? You need a psychiatrist. MMF needs serious money, the one you can park for even a year and not feel a pinch, sasa unaweka rent ya bedsitter expecting a to buy a plot kamulu end year?

JackFack ni Shamba boy wa baringo the maximum anaweka ni 20k after 3 months

[Jack_Black]

@cortedivoire

…

nobert:

You discredit Ziidi because of your small monies and give credit to aviator? You need a psychiatrist. MMF needs serious money, the one you can park for even a year and not feel a pinch, sasa unaweka rent ya bedsitter expecting a to buy a plot kamulu end year?

JackFack ni Shamba boy wa baringo the maximum anaweka ni 20k after 3 months

Of course msee wa 150/- has an opinion.

[SledgeHammer]

@Jack_Black

… let my cash settle in there doing nothing and earning peanuts. Afadhali ikae tu bank where I can access it anytime I feel like without this bs.

Nah bro, banks offer 0%-0.5% monthly interest on savings.. which is less than nothing. I found this out the day I went to withdraw the 300k needed for my first car. Meanwhile, a 300k loan will transform into 450k when you pay it back.
Ogopa mungichnomics.

Weka fixed deposit in a year. Ondokea ukuma ya ziidi bs. What the fuck is 17 kes a month. Na wanatumia pesa yangu for peanuts

[SledgeHammer]

@paparazzi

…IMG_85691170×2532 188 KB
Niliweka I think 250k ivi that I didn’t have use for, was earning 49 bob per day.
IMG_85701170×2532 181 KB

Banks wanakupatia 4-9%pa. Unaonaje hii difference.