Rahab also has a passion for writing Business and Economic oriented articles.To reach her, email her on rahab@sokodirectory.com, By Rahab Mbiriti / October 30, 2019 | 8:07 am, © Copyright 2008 - 2020. By participating in the Mshwari 52-week challenge, you are likely to save Sh68, 900 in 52 weeks that is in a whole year. So you save Ksh100 in Week 2, then Ksh150 in Week 3 and so on, until you deposit KSh2,600 in week 52. Saving is a habit. By the end of June, we had each saved 30,000 shillings and had a total of 60,300.25 shillings in our savings account, probably due to some interest it had earned over the 6 months. Since we are just coming to the end of week 2, you can save for the first two weeks 52 Week Challenge is both a personal and group challenge, where an individual or a group of individuals give themselves the challenge to save at a regular interval for 52 weeks. The 52 week savings challenge is a money saving challenge that spans over the course of 52 weeks. The M-Shwari 52 Week Challenge. Go to M-PESA on MySafaricom App or from your sim tool kit. We are using cookies to give you the best experience on our website. I did not quite understand the talk on the 52-week challenge until I met a lady by the name Rachel. It is mandatory to procure user consent prior to running these cookies on your website. Basic Money Skills Your Child Should Have by Age 10, New GOtv Kenya Packages, Channels and Prices (2020 Update), How to Withdraw Money from Mega Dollar to Mpesa, How To Withdraw Money From My Lotto Kenya to Mpesa. If saving has been a challenge to you because you have been thinking that you do not have enough to save, then you need to rethink your thinking about saving. Rachel and her friends wanted to travel the world. When I heard about the challenge, I immediately dismissed it as an impossible fete seeing as I was earning peanuts at the time, having started at the lowest job level there was at the company. The aim of the challenge is to save Ksh. This makes it easier for you as the saving amount increases […] Financial success does not mean having loads of money to throw parties. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. You can adjust all of your cookie settings by navigating the tabs on the left hand side. 52 Week Challenge is basically about an individual or a group of individuals cumulatively building on savings for 52 weeks. Since we are just coming to the end of week 2, you can save for the first two weeks 50, on Week 2 you save Ksh. March 18, 2019 April 3, 2019 Winnie G Leave a Comment on The Mshwari 52 week saving challenge(2019) The M-Shwari 52 week saving challenge is an initiative by Safaricom aimed at encouraging Kenyans to get into a habit of saving. This can be a fun goal or even a dead-serious one. This website uses cookies to improve your experience. A habit is what one repeatedly does. I, on the other hand, did buy a new phone but did not touch a dime from my saved amount in my M-Shwari account. Save my name, email, and website in this browser for the next time I comment. This post shows you how to withdraw money from the Mega dollar to Mpesa in a single step. Here is the complete list of GOtv Packages and prices for 2020. I became interested in this amazing lady’s story when I came across it on my Twitter timeline. Go to ‘M-PESA’ menu and select ‘Loans and Savings’. The future of facial recognition technology, 27 Digital signage content creation tools, Safaricom partners with education content providers to enable free access to digital learning, Superfoam donates mattresses to hospital in COVID-19 fight. If you successfully follow the challenge you will end up with Ksh. Here is how I set it up using MySafaricom App: WHY – Why are you saving? THE NJUGUNAS’ 52 WEEK SAVINGS With the amount to be saved increasing at this rate (of 50 shillings on each additional week), on the 52nd week Rachel and her friends saved 2,600 shillings, with the total amount standing at 68,900 shillings. Click here to download the savings program. By. The Mshwari 52 week saving challenge(2019) General Mobile Money. After the month of June ended, since we had set a period of 6 months in the lock savings account, the whole amount was automatically transferred to the normal M-Shwari account. What do you want to achieve? You can pick up from Week 9, and then try to catch up on the earlier weeks with time. • Select Loans and Savings. By participating in the Mshwari 52-week challenge, you are likely to save Sh68, 900 in 52 weeks that is in a whole year.