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Avoid COVID-19: Why You Should Go Cashless With CMMF

BY Soko Directory Team · March 27, 2020 12:03 am

In the wake of the rapid spread of COVID-19 in Kenya and all over the world, health experts have urged people to go cashless so as to minimize the risk of contracting the virus.

While the government and health experts encourage you to go cashless, you need to be smart about this and put your money in an account that earns you interest, especially during this time when you need your money most.

Cytonn Investments’ Money Market (CMMF) is the best way of going cashless during the current crisis and at the same time earn some interest on your money.

CMMF is a low-risk fund that seeks to preserve your money as you get above-average returns on a daily basis which are then compounded.

If you decide to go cashless with the CMMF during this season, you are assured of earning a daily interest and an annual interest of 11 percent.

In a nutshell, CMMF has the following key features:

  • Minimum initial investment – 1,000 shillings
  • Top-ups – 1,000 shillings
  • Interest earned daily
  • Ease of entry and withdrawal of funds
  • You can safely transfer your money to M-Pesa, which is also cashless

Also,

  • No entry or exit fee is charged.
  • Interest earned is compounded on a daily basis.
  • Your capital will remain safe.
  • You will get competitive rates based on the market.
  • For first time investors, this would be the best starting point

If you are interested and want to go cashless with CMMF, all you need to do is to dial *809# and start making money from home

Read Also: What Do You Understand by “Your Investment Earns Interests Daily”?

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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