CHAMA INVESTMENT IN KENYA

Chama groups started way back in time with our grandmothers always meeting on Sundays for a cup of tea but not having a constructive agenda on the table. However, the Chama groups in time transformed to business empires and bought properties as members became more knowledgeable on investment issues. Chama groups has so far attracting huge support from leading banks and Saccos, like Rafiki Microfinance bank which organized Chama awards in 2014 and Currently Unaitas Sacco which started as a Chama group and has now introduced a Top Chama Reality Show which runs on Citizen TV to award the best Chama group to tune of 5million Kenya shilling.

A Chama group being an informal cooperative society that is normally used to pool and invest savings by people. The Chama phenomenon which is also called micro-savings group helps in raising substantial amounts that members can invest in areas of interest especially in property. Usually the group members contributes a certain amount of money every month to go to savings for investment.

High Returns on Savings
Case study: A group of 10 members contributing 4,000 per month thus raising 40,000 per month can be able to own a piece of land with accredited land selling companies such as Ndatani Enterprises , for example 50/100 piece of plot in Isinya goes for 445,000ksh  with ready title deed. By the time the Chama group is on the fifth plot, i.e. in 5years the first plot will be worth double the purchase price hence handsome returns eventually each member will be a plot/home owner at favorable contributions per month. This is the easiest way to comfortably own a plot, visit www.ndatani.com.