By Mary Anne Zita Running a Chama is no easy task. However, to make things easier, every Chama needs rules that all members of the Chama have agreed upon. This allows everyone to know the other members’ expectations, and provides... View Article

By Mary Anne Zita The other members of the Wise Ladies Chama were growing increasingly angry at Nancy, the treasurer. She had been missing a lot of meetings and several of the Chama’s contribution banking had been made late. Josephine,... View Article

Real estate has always been considered to be one of the top-notch investment options. However, if you are thinking of acquiring a rental property through mortgage, you and your Chama members must be very vigilant, lest you make a poor... View Article

Many of us detest making decisions. We ‘sleep on it’, think about it and still hesitate to make a decision. Nobody said decision making is easy, but it is something that must be done from time to time. In a... View Article

When we join a chama for investment purposes, many of us are looking at investing for future purposes. Investing doesn’t have to be all about retirement and the remote future. Those things are important, and you should keep an eye... View Article

If you decide as a Chama to invest in the stock market; remember that the main aim of buying shares is to sell for a profit. While you are holding on to your shares, you can enjoy the dividend paid... View Article

Once you have your chama members you need to keep them – if a member leaves then that leaves a gap in your chama, both in terms of members and of course a financial gap. That’s why it is your... View Article

A chama involves holding numerous meetings with the members to get things done. Whilst many of us approach the chama meetings in a casual fashion, where discussions are made orally and nothing is taken down, it is important to embrace... View Article

In your chama you may have several investments including traditional shares and treasury bonds, real estate, bank accounts. How about putting your money in agriculture? Investing in a farm allows you to speculate on the price of food, which is... View Article

Running a chama is no easy task. And sometimes one of the worst decisions that chamas make is to add members who do not blend well with the chama. That said some of the luckiest chamas are those who have... View Article