Chamas are formed as an avenue to pool money and invest or as a social vehicle. So, we save religiously every month and when the time is right, we invest in something lucrative, set to give handsome returns. Then we... View Article

Chamas are evolving groups. Members come and go and sometimes we need to add on new members to fill the gap. All the members join hands and go out and recruit new members to join the chama. Now, the chama... View Article

If you’re just starting a chama, one of the first and most important decisions you will make is what to name your chama. It sounds easy enough. Make up a funny name and your Chama is up and running. But... View Article

As investors in the chama, sometimes we make mistakes and do a bad investment. It is common to hear friends share stories of investments gone bad. More often than not, they started well did their research, checked the technical’s, considered... View Article

Running of successful chama involves regular meetings. Thus, it is important that we have minutes taken. Minutes are a record of what went on at a meeting. They are a record of the decisions made at a meeting and can... View Article

A couple of years ago, a new sensation hit Kenya. Investment companies were mushrooming all over. They claimed to offer investors ridiculously high interest for their money. Some would even double the money in just one month! There were no... View Article

Most people don’t like meetings including Chama meetings. They say they are boring, go on too long, and don’t get anything done. And often that’s the truth. So to have a good meeting, you need to make it interesting, keep... View Article

You might have started your chama a year ago or you might have spent several months saving and now you are ready to invest. Research suggests that the right time to start investing as a chama is after your group... View Article

Once you’ve got your chama up and running, it’s inevitable that some of your founding members will end up withdrawing from the chama for one reason or another. Members may move away, or change jobs and have a hectic lifestyle... View Article

Being a chama leader, is not easy. It is mentally draining, takes up a lot of time, and requires a lot of responsibility. It takes a special person to be a good leader. Not everyone is born with the skills... View Article