By Mary Anne Zita Imagine if you could just sit at home and earn money while you relax. That’s what is known as passive income. You can earn that with very little in your hands with something that Jamii Bora... View Article
One of the pillars of becoming financially independent lies with investment. Whilst some of us are good at making investments, many of us have no clue or need prompting to stay on course. That’s where Chamas come into play. We... View Article
By Mary Anne Zita As you continue to save money for your Chama, I am sure that you have a bank account with a certain bank where you put money for the Chama. Chances are the account is either a... View Article
The main purpose of any Chama is to pool money together for a common goal. In view of this, it is imperative that members have a source of income. Either from business or formal employment. Some Chamas constitute of those... View Article
By Maryann Zita Many of us dream of earning extra income when employed. Some of us have ventured into side businesses which we have aptly closed after some time due to lack of time to run the business whilst still... View Article
By Maryann Zita As a Chama, did you know that you can achieve your dreams faster than you imagined? In this article, I will show you exactly where you can borrow up to 9 times what you have saved as... View Article
BANK OF AFRICA CHAMA ACCOUNT REVIEW This is a new series that will review chama account options for investment groups and chamas. Investments groups today have various options when it comes to savings. Banks have rolled out specialised products for Chama’s... View Article
Investment groups, commonly referred to as Chama’s, have existed in Kenya for decades. Chama’s were popularized by women and their merry-go-rounds which they used to save money and meet occasionally for some tea and gossip. They mostly used Chama’s to... View Article