Banks and money market funds are two well-known financial institutions that provide a wide range of financial services to both individuals and companies. Banks are conventional financial institutions that have been around for centuries. On the other hand, money market... View Article

What are Chamas and SACCOs? Chamas and SACCOs are investment groups that are popular in East Africa, particularly Kenya. They are formed by a group of people who come together to save and invest their money for the benefit of... View Article

Transforming digital lending is aimed at maximizing efficiency and customer satisfaction. Digital lending provides customers with easier and more convenient access to loans. As a result, the market has become increasingly competitive, and organizations must be proactive and customer-focused to... View Article

The financial security of chamas has been a major concern. Managing a Chama can be quite challenging especially when it comes to ensuring the security of members’ funds. Fortunately, fintech firms aid chamas and SACCOs with suitable solutions, enhancing their... View Article

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

Financial Inclusion by SACCOs has proved to be successful as a result of their vital role in providing financial services to low-income earners and marginalized groups. Savings and Credit Cooperatives (SACCOS) are member-owned financial institutions that offer savings and credit... View Article