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

Is it wise for your Chama to borrow money to invest? Yes and No. If we borrow from one party to invest the money and make a profit, that makes sense. After all, you will beat the interest rate you are... View Article

How safe are your Chama investments? You are generally exposed to three kinds of risk with your investments, no matter whether they are risky or safe. The first is a possibility to lose money. The second is loss of purchasing power,... View Article

For many of us, when we think about forming a Chama, the first people we think of inviting in are our close friends and family members; perhaps your brother, sister, cousin or even parent. Whilst bringing a family member or... View Article

Chamas today and getting more sophisticated when it comes to investment and one vehicle of investment that is bound to give you regular income is Dividends. These are payments that are made from a company to the shareholders of the... View Article

The purpose of joining or forming a Chama is to make money through the pooling of monies from all members then investing it for monetary gain. Since we are in the business of investment, it is important to keep in... View Article

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