“Alex, we’re tired of the merry-go-round. We want to invest and build something greater than ourselves.”
That’s a recurring cry from many chama members I’ve had the privilege to coach.
The Truth
Let’s start with the truth—
Most chamas begin for social bonding. And that’s a powerful foundation.
But over time, a hunger grows within the group: “We need to do more.”
But there’s one challenge that stalls everything…
Members have different levels of financial knowledge, risk tolerance, and investment experience.
That makes decision-making hard.
Here’s My Advice to Any Chama Ready to Level Up
Step 1: Define a Clear Vision
Go beyond monthly tea or Nyama Choma catchups.
Why does your chama exist?
Examples:
- To create enough passive income to cover medical bills in old age.
- To fund an annual international trip for all members.
- To build a wealth pot where every member receives Ksh 300,000 yearly.
Your “why” should be bold enough to rally every member to commit.
No strong purpose = no growth.
Step 2: Agree on the Numbers
What target fund size will help you achieve your dream?
How much must each member contribute monthly to get there?
Step 3: Put the Money to Work
Avoid letting your chama’s money idle in a bank account.
Here are 5 solid options based on your vision:
Money Market Funds
Use this as a holding account as you wait for big opportunities.
Returns: 8%–13%
SACCOs
Save consistently, then borrow affordably to fund long-term projects like land or rentals.
Dividends: 8%–15%
Fixed Income Funds
Like MMFs but with better medium-term returns.
Ideal for conservative growth.
Returns: 9%–14%
Special Funds
Think of these as wealth boosters.
They offer higher returns but require more due diligence.
Returns: 15%–25%
REITs (Real Estate Investment Trusts)
Perfect for chamas eyeing real estate returns without owning physical property.
Returns: 5%–12% (Capital gains + dividends)
Final Thought
You don’t need millions to begin. You need vision, consistency, and a plan.
I’ve helped dozens of chamas move from mere savings to actual wealth creation. Yours Could Be Next.
Let’s stop rotating money and start multiplying it.
Visit My Resource Hub Here: https://linktr.ee/centwarrior
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