Congratulations, you have just formed your Chama. Your first meeting went very well and everyone seems happy and ready to go. Wait a minute. Where do you go from here? How do you ensure that your members remain enthusiastic? Build... 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

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

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

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

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

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

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

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