The financial security of chamas has been a major concern. Managing a Chama can be quite challenging especially when it comes to ensuring the security of members’ funds. Fortunately, fintech firms aid chamas and SACCOs with suitable solutions, enhancing their... View Article

Digitizing your chama is majorly focused on ensuring that chamas move from manual systems such as pen and paper or excel spreadsheets. For years, chamas (also known as savings groups) have been a popular way for people to pool their... View Article

Financial Inclusion by SACCOs gets achieved with much success as a result of their vital role in providing financial services to low-income earners and marginalized groups. Savings and Credit Cooperatives (SACCOS) are member-owned financial institutions that offer savings and credit... View Article

Introduction – Merry-go-round A merry-go-round, also known as a rotating savings and credit association(ROSCA), is a savings and loan group that operates similarly to a traditional merry-go-round ride. In this type of chama, a set number of individuals agree to... View Article