Chama Account
Group savings and investment solutions for your empowerment
Group Benefits
Savings Features
- Registration fee: Ksh.500
- Flexible contribution amounts
- Multiple contribution frequencies
- Earn dividends on savings
Loan Features
- Borrow up to 3x group savings
- Low-interest group loans
- Guarantor system within group
- Shared repayment responsibility
General Chama Operation
1
Register Your Group
Submit minutes from your first meeting and member list
2
Set Contribution Rules
Determine amounts, frequency, and signatories
3
Access Group Benefits
Withdraw savings or apply for collective loans
Requirements
- Minimum 5 members
- Group constitution document
- 3 authorized signatories
- Member ID copies
- Ksh.500 registration fee
Dividend Policy
- Dividends declared annually
- Based on SACCO profits
- Shared according to contributions
- 10% automatic reinvestment option
Get Started
Register your Group Today!Successful Chama Stories
Umoja Women's Group
Saved Ksh.2.4M in 2 years
"Through our Chama account, we bought land and built rental units that now generate passive income for all members."
Youth Investors G9s
25 members, founded 2020
"The group loan facility helped us start a wholesale business that now supplies 15 retail shops in our county."
Ready to Register Your Chama?
Get your group started in just 3 simple steps