Most of us are familiar with merry-go-round chamas as our mothers had them and we have also participated in one at one time or another.  These chamas are usually based on social reasons.  A group of friends decide that they... View Article

Merry-go-round chamas though quite simple and basic also have their own kettle of problems that if not resolved could hurt the chama.  As members of this group most of the times you have a common bond of friendship, neighbourhood or... View Article

By Mary Anne Zita Chamas are great. They can be a source of joy for many of us and a good way to get into investment using the power of a group. Through your chama you can also develop some... View Article

Most chamas that aren’t successful fail within their first year or so of operation. Typically, according to Christine Mugaka of Bank of Africa, the reasons for failure comes down to the same problems, time and time again. Chamas, like many... View Article

By Mary Anne Zita In your chama, you have worked hard and saved faithfully every month. Now, you have some good money and you are thinking of investing it. Sometimes, we get excited and opt to put all our money... View Article

By Mary Anne Zita Imagine if you could just sit at home and earn money while you relax. That’s what is known as passive income. You can earn that with very little in your hands with something that Jamii Bora... View Article

One of the pillars of becoming financially independent lies with investment. Whilst some of us are good at making investments, many of us have no clue or need prompting to stay on course. That’s where Chamas come into play. We... View Article

Chamas are a great for way for you to get into investment. For one, you have the benefit of numbers thus you can achieve more and two, when you join with other people, you learn more. Chamas are popular because... View Article

By Mary Anne Zita As you continue to save money for your Chama, I am sure that you have a bank account with a certain bank where you put money for the Chama. Chances are the account is either a... View Article

Every Chama is different, with its own individual members coming together for one common cause: to pool money and improve their financial status. Some Chama members come to the investment club with years of experience. Others are very affluent. Some... View Article