The Akili Kali challenge initiative was organized by Cooperative Bank, IFC/World Bank, and Think Place Kenya. The competition attracted over 500 applicants with the organizers settling for the top five companies to compete and enter the Think Place challenge With... View Article

The conservative chamas mainly operated on the merry-go-round principle, i.e., members made fixed contributions at specific intervals and then these contributions were given back to the members according to an agreed-upon rotating schedule. Well, this principle did help, but it... View Article

Gone are the days when chamas ( self-help groups) were a preserve of women, especially the less-educated people who lived in the village. These were the pioneers of the chama ideology; they came together to form small informal groups which,... View Article

Some chamas that contribute modest amounts per month may face challenges on how to grow their savings to earn more and reach their goals. Whilst some adapt the merry-go-round concept where all the money contributed during the monthly Chama meeting is given to one person; others opt to contribute and put the... 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

Supposing your Chama has ten people and you save Kshs.3,000 each. Did you know that with the Kshs.30,000 you collect you can start a viable venture that will rake in cash beyond your wildest dreams. Perhaps your Chama has a... View Article

Most successful investment groups use a good plan to achieve their goals.  Without a plan, you are likely to lose the plot at some point.  Thus, planning is one of the most important project management and time management techniques. Planning... View Article

Why your Chama needs a culture No two Chamas are the same.  They differ in terms of investment vision, members and even ideologies.  For these Chamas to accomplish their goals, they must embrace a set of behaviors that will get... View Article

Besides buying stocks, one of the most popular investments with Chamas is property.  Whilst this is a relatively straight forward sort of investment unlike stocks; you still need some know-how on how to invest the smart way.  Here are some... View Article

Team building and teamwork skills are critical for your effectiveness as a Chama leader. Team building success is when your Chama can accomplish something bigger and investment goals more effectively than a group of the same individuals investing on their... View Article