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

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

Chamas are formed as an avenue to pool money and invest or as a social vehicle. So, we save religiously every month and when the time is right, we invest in something lucrative, set to give handsome returns. Then we... View Article

Chamas are evolving groups. Members come and go and sometimes we need to add on new members to fill the gap. All the members join hands and go out and recruit new members to join the chama. Now, the chama... View Article

If you’re just starting a chama, one of the first and most important decisions you will make is what to name your chama. It sounds easy enough. Make up a funny name and your Chama is up and running. But... View Article

As investors in the chama, sometimes we make mistakes and do a bad investment. It is common to hear friends share stories of investments gone bad. More often than not, they started well did their research, checked the technical’s, considered... 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