If you need to start a certain projection that will need large amount of money, saving it for a a period of time is quite nice. Most people finds its so hard to save in their accounts because, sometimes they end up using the same money for another unplanned ways. Right now you can also save on your M-shwari account easily for a long period of time until you gather the enough money you need.All you just need to do is activate your M-shwali account and start a saving scheme. The best way to save in M-shwari is locking your account for a certain periods of time. Locking the account means you can't be able to withdraw that money before it reaches a certain amount or before a certain date. M-shwari will help you to set your target and the only time you can withdraw the money is after reaching your targets.
If for an example you lock your saving account for 6 month with a target of 10,000,you can withdraw this money after six month and after you get to that amount of money. The best thing about saving with M-shwali is that you also build your credit. The more you save the more you stand to get higher limits anytime you want a loan.
The best thing with saving through the M-shwari is that you can easily deposit your saving through the mpesa. This means if you are working on a small business firm that earns a certain amount of money everyday, you just need to deposit your money in the evening and send it to your M-shwari saving account. M-shwari gives a saving interest rate of 6.65 per unnum. This mean that if you deposit Ksh 1000 in your saving account for one year, you will get Ksh 66 interest. The more money you save the more interest you make. This account will help you to save for long time and also grow your loan limit. Please share.
Content created and supplied by: Lucasentertainment (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More