May 28, 2018   by

The conservative chamas mainly operated  on the merry-go-round principle, i. e, members made fixed contributions at specific intervals and then these contributions were given back to the members according to an agreed-upon rotating schedule. Well, this principle did help, but... View Article

July 25, 2016   by

Understanding How ROSCAS Work Ever heard of ROSCAS? ROSCA is an acronym for Rotating savings  and Credit associations. ROSCAs are amongst the oldest and traditional savings institutions in the world and play a vital role in society. ROSCAs’ vary but... View Article

February 01, 2014   by

Supposing your Chama has ten people and you save Kshs.3,000 each. Did you know that with the Kshs.30,000 you collect you can start a viable venture that will rake in cash beyond your wildest dreams. Perhaps your Chama has a... View Article

January 25, 2014   by

Besides buying stocks, one of the most popular investments with Chamas is property.  Whilst this is a relatively straight forward sort of investment unlike stocks; you still need some know-how on how to invest the smart way.  Here are some... View Article

January 14, 2014   by

There are a lot of Chamas that start small and eventually grow to become a powerhouse investment club rich with assets and capital for investing. One of the secrets of their great success is working with an investment bank.   One... View Article

December 04, 2013   by

There are several ways to make money out of real estate, but if you want to make sizeable investment in property then one of the ways you can do it is by buying and renovating houses that you can rent... View Article

November 27, 2013   by

One day A Chama leader was chairing a meeting and noticed Lisa, an otherwise talkative lady sitting in the meeting looking sad and upset. She could barely say a word. “What’s the matter, Lisa?” the Chama leader asked. The truth... View Article

November 25, 2013   by

Many Chamas have dreams of owning property for rental. There is a strong interest in people looking to enter the property market but typically lending institutions require a deposit of about 20 percent of the total value of the home.... View Article

November 23, 2013   by

One of the key items that your Chama needs from the onset is a good constitution. The Chama’s Constitutition provides the legal framework for The Chama’s organisation. The Constitution should be signed by every Chama member and can only be... View Article

November 22, 2013   by

How two groups of professional women have used a Chama to build  Creating a Chama to build wealth is a great strategy. This week we interview two very different Chamas to learn more about how to make your Chama a... View Article

Posts Archive

Subscribe to Blog Posts

Get alerts for every new article published to the blog and stay in the know
Resources
  PDF    
Social Media Sites