Digitizing your chama is majorly focused on ensuring that chamas move from manual systems such as pen and paper or Excel spreadsheets. For years, chamas (also known as savings groups) have been a popular way for people to pool their... View Article

What is The Hustler Fund? The Hustler Fund, aliased as the financial inclusion fund is a program for digital financial inclusivity that aims at providing financial support to Kenyan individuals, and MSMEs‘ (micro, small, and medium-sized enterprises) access to responsible... View Article

Introduction Savings and Credit Cooperative Societies (SACCOs) are financial organizations whose ownership and control are by their members. These societies operate as non-profit organizations to provide access to financial services to their members. They offer various services, including savings accounts,... View Article

Merry-go-round A merry-go-round, also known as a rotating savings and credit association(ROSCA), is a savings and loan group that operates similarly to a traditional merry-go-round ride. In this type of chama, a set number of individuals agree to contribute a... View Article

Group management software has become an essential tool for chamas to manage their teams’ activities. Chama members are also able to collaborate on projects and maintain effective communication. In recent years, chamas are relying heavily on technology to manage their... View Article

A Constitution is important for every Chama investment group or investment club. Investment clubs are some of the major economic and financial drivers in today’s society. As people gather around to help each other, they also end up growing financially.... View Article

Is a constitution important in a Chama? To create a successful Chama, it is important for its members to have a constitution. These are the guidelines of how the Chama will be governed. A constitution is also critical as it... View Article

A Chama is an informal Investment club where individuals contribute a concurred amount of cash with the point of assisting each other with developing and conceivably accomplished monetary and financial independence. Most Chamas at the beginning start as merry-go-rounds where... View Article

Return on Investment is commonly used by all types of businesses. In fact, the most important and crucial indicator of the health of a business is ROI. An organization can use it to gauge the returns that you get from... View Article

How important is automation? In the current world’s highly competitive environment, a smoothed-out, and standardized framework is necessary for the way applications; business cycles, and administrations are conveyed. In any case, numerous organizations have similarly understood that this essential part... View Article