Zimele Education Plan
Save for Education on Your Own Terms
The Zimele Education Plan is an affordable, flexible, and convenient plan that gives you an opportunity to save for education. With a minimum deposit of ksh.100 you can tailor your own plan and start saving at your own pace.
The funds are invested in interest-earning treasury bonds, treasury bills and infrastructure bonds through the Zimele Fixed Income Fund.
The plan is ideal for saving for school fees whether for the next term or long-term, including setting up a “college fund” for children who are currently at a very young age.
Features & Benefits
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Affordable
Deposit any amount starting from KES. 100, at your pace. No minimum balance required.
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Flexible
Make deposits via M-Pesa or Bank of your choice at your own pace. No restrictions. No penalties for missing payment.
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Convenient
Access and manage your account from the comfort of your home using our customer service portal.
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Competitive interest rate
All deposits earn interest which is compounded monthly.
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Security
The fund is licensed and regulated by Capital Markets Authority (CMA).
Target School Fees Calculator
Calculate how much you need to save to reach your school fees target.
Future School Fees Calculator
Calculate the value of your savings in the future when you'll need to pay school fees.
Savings Time Calculator
Calculate how long it will take to reach your school fees target.
How to Save for Education
- Establish your goal.
- Make a plan for your goal using the calculators below.
- Open account.
- Start saving according to your plan.
Typical Education Savings Goals
- Saving for the next term’s school fees
- Saving for the next level of education i.e. Junior High, Senior High, University/College
- Establishing a comprehensive Education Fund for a child.
Common Education Savings Strategies
- Saving a fixed amount on a regular basis like monthly or weekly
- Saving a lumpsum amount
- Saving at your own pace when you get an income
