Balancing income and expenditure is one of the most basic economic rules for any individual or investment group. Money will either be an income or a form of expenditure, and the two should be kept in check, always aiming toward... View Article

It is the dream of every group to grow. That is why it started in the first place. However, the irony of the matter is when a group metamorphoses from the small, easily manageable circle that it was in the... View Article

A Chama is begun with the main purpose of making investments together, although some conservative chamas were social groups that gave women a place to interact and spend time together. However, most modern groups will be started mainly for investments,... View Article

It is now around the middle of the year. Much has happened in your group for the past six months: there have been the good times and the bad times. All in all, it is about the right time to... View Article

“Leadership is the ability of a superior to induce subordinates to work with confidence and I zeal” — Koontz and ‘Donnell. Leadership may be defined as a position of power held by an individual in a group, which provides him... View Article

Have a large Chama? Here’s how to manage the meetings Sometimes your Chama may grow into something very big.  That’s a good thing, right? The answer is yes and no.  Sometimes when the group is too big, it can bring... View Article

Use tact when communicating in the Chama We all have to communicate painful or sensitive information at some point.  And, while it’s important to tell the truth, we need to think about how we do it. Tact allows us to... View Article

Actions after the Chama meeting play a big role in helping you achieve expected, positive, and constructive outcomes. Your actions following the meeting are very crucial. Often people need a gentle nudge to remind them about completing action items.  Leaders... View Article

Some Chamas have it rough. They’re particularly vulnerable to fraud because they lack the resources or knowledge to put in systems of controls and properly delegate chama accounting duties among their members or to a chama management system. However, Chamas... View Article

Imagine that you’ve recruited the best people into your Chama. You had high hopes for the Chama, so you feel frustrated when people can’t seem to work together. When analyzing what is ailing your Chama, several factors come into play.... View Article