Living in Busia, Western Kenya, with my wife working there while myself in the diaspora. While she’s busy with her job, we’ve found ourselves in a good position where we have a little extra money—around Ksh.10,000—that we don’t want just to leave sitting in a bank account. Like many of you, we want that money to work for us, instead of just idling around.
When my wife asked me where she could invest this Ksh.10,000 to earn some interest, I realized that I didn’t have any conclusive answer, and I know many Kenyans—whether living here or abroad—are in the same boat. You’ve got a few coins to spare, but business isn’t an option right now (especially when juggling distance or a full-time job). This immediately informed my immediate research on this matter, So I thought to myself ‘Where can you safely put your money and see it grow? At first, I was doing this just to answer my wife, but I realized this could benefit others out there like us. Therefore, in this post, I’ll share some simple, low-risk ways to invest in Kenya that could make a real difference
Why You Shouldn’t Let Your Money Sit Idle
Let’s be real: keeping money in a savings account doesn’t exactly bring in much. In fact, with inflation constantly rising, it’s almost like losing money! That’s why we’ve been looking for ways to make our savings work harder. Whether you’re in the diaspora or working full-time here in Kenya, there’s no reason to just watch your money sit idle when there are better options out there. So, if you’ve been wondering how to earn more than just the small interest from your savings, this post is for you.
What Are Money Market Investments?
Before we dive into specifics, let me explain what money market investments are. These are low-risk, short-term investments where you can earn interest on your money without having to worry about huge losses. They typically involve things like Treasury Bills, government bonds, or money market funds—safe options that can provide better returns than a standard savings account. It’s a way of putting your extra money somewhere that earns more, without the risk of a business venture that could go wrong.
4 Ways to Invest Your Ksh.10,000 in Kenya

Alright, let’s talk about practical options. With Ksh.10,000 (or even less), there are several ways to put your money to work. Here are some simple ideas:
- Treasury Bills (T-Bills):
- These are essentially loans you give to the government. The Kenyan government promises to pay you back with interest. You can start investing in T-Bills with as little as Ksh.100,000, but there are ways to pool funds with others to invest smaller amounts.
- Why it works: T-bills are among the safest investment options in Kenya. They’re backed by the government, meaning your money is very secure, and you get predictable returns.
- How to do it: You can invest through your bank or a licensed broker or use the Central Bank’s online platform. It’s easy to get started once you have a bit of knowledge.
- Money Market Funds (MMFs):
- These are investment funds that pool money from several investors and invest in low-risk assets like Treasury Bills and corporate bonds. The great thing about MMFs is you can start with very small amounts (Ksh.1,000 or more), making it easy to jump in.
- Why it works: MMFs offer higher returns than a standard savings account, and they’re very liquid, meaning you can access your money quickly if needed.
- How to do it: Many banks and financial institutions offer MMFs. You can sign up through their app or website, and you’re good to go. The best part? You don’t need to be an expert to start seeing returns.
- Fixed Deposits:
- This is another safe bet where you lock your money in a bank for a fixed period (usually 6 months or 1 year), and in return, you earn a higher interest rate than regular savings.
- Why it works: It’s low risk and provides predictable returns. You’ll know exactly how much interest you’ll earn at the end of the term, which helps you plan your finances better.
- How to do it: Just head to your bank and ask about their fixed deposit options. It’s a simple process and great for those who want a hands-off approach.
- Digital Investment Platforms:
- If you’re tech-savvy or in the diaspora, there are several digital platforms in Kenya where you can invest even small amounts. These platforms allow you to invest in stocks, bonds, or even real estate without needing a huge upfront investment. Platforms like Cowrywise, Finserve (M-Shwari), and Saida make it easy to get started.
- Why it works: These platforms offer diversification, meaning your Ksh.10,000 can be spread across multiple assets, reducing risk while still earning returns.
- How to do it: Download the app, sign up, and start investing in just a few steps. It’s fast and simple, and you can monitor your investments from anywhere perfect for Kenyans abroad.
Tips for Diaspora Kenyans Investing from Abroad
As a Kenyan in the diaspora, I know how challenging it can be to manage investments back home. But don’t worry, it’s entirely possible! Here are a few tips to make the process easier:
- Use mobile banking apps: These apps let you manage your investments, transfer money, and check interest rates with ease, no matter where you are.
- Consider your remittances as part of your investment strategy: Instead of sending all your money home for family expenses, consider putting a portion into long-term investments.
- Explore digital platforms: Many of these platforms cater to Kenyans in the diaspora, so you can start investing without ever needing to be physically present.
Investing Ksh.10,000—or even less—can make a big difference in your financial future. You don’t need to dive into a full-fledged business venture if it’s not the right time. By choosing safe, low-risk investment options like Treasury Bills, money market funds, or fixed deposits, you can start earning interest and building wealth over time. The key is to start now, even with small amounts, and let your money grow.
So, what’s your next move? Don’t let your money sit idle, put it to work today. If you’ve tried any of these options or have questions, leave a comment below. Let’s keep this conversation going and help each other make smarter financial decisions.
Do you have any other investment options you’ve tried in Kenya? Share your experiences or ask questions in the comments below! Let’s continue the conversation on how to make smart, informed decisions with our money.