How to Start the 52 Week Challenge by M-shwari

Starting the 52 Week Challenge is easy as 123. All you need to do is to come up with a goal and a plan to achieve it. This challenge is a recurrent event which means that you have to come up with it every new year.

Several platforms can help you achieve your goal by the end of the year. However, I recommend M-Shwari by Safaricom. This is because M-shwari is easily accessible and straightforward to set up.

The 52-week saving challenge by M-shwari is meant for anyone and is made possible by having a minimum saving amount of Ksh 50. Of course, you can raise the bar depending on your pocket; the only thing you need to do is to follow the RULES.

Read also: Basic Money Skills Your Child Should Have by Age 10

 The M-shwari 52 Week Challenge: How does it Work

You can set the 52-week challenge for anything like let’s say weight loss. But, for now, let’s focus on saving. Sometimes its had to do something alone, the best part about this challenge is that you can set it, with your spouse, friends or even colleagues at your workplace. Here is how the challenge works.

Related: How to Fuliza M-Pesa.

Currently, the 52-week challenge is up and running. You can join any week you want and start from there, or you can decide to catch up on this year challenge which at the time of writing this post is at Ksh 3900.

To start the challenge, kindly deposit your M-shwari saving account starting with Ksh 50 for this week as for our case then, Kshs 100 next week, followed by Ksh 150 the week after that and so on. When you reach week 52 by December, you will have saved Ksh 68,900.

More: List of Saccos in Kenya

How to Lock Your M-shwari Account.

After you have joined the challenge, you’ll need to lock you M-Shwari account to prevent impromptu withdrawals. Here is how to do it:

  • Access the M-Pesa menu on your phone.
  • Select the M-shwari menu and then select “Lock Savings Account.”
  • Select “Open Account” if you’ ‘re just getting started on the challenge.
  • Set your minimum target to Ksh 68,900 or more depending on your saving calendar.
  • Set the time to 12 months and also remember to set your account to save from either M-shwari or Mpesa.

You are all set, now what you have to do is to make the weekly deposits as per your calendar. You can use the one below or create something similar to it. do the maths 😉

52 Week Challenge

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Raf'ael is an influencer on matters Kenya and digital. Living in Nairobi Kenya, he likes coffee when it is cold.

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