How It Works
Understanding the Chama System savings process
Join or Create a Chama
Find an existing chama that matches your savings goals or create your own. Choose a product you want to save for and invite friends to join.
Set Contribution Amount
Determine how much each member will contribute per cycle. The total contributions must cover the product price.
Make Regular Contributions
Members contribute the agreed amount at regular intervals (weekly, bi-weekly, or monthly). All contributions are tracked and verified by admins.
Receive Products in Rotation
After each complete cycle, one member receives their product. The rotation continues until all members receive their products.
Complete and Restart
Once all members receive their products, the chama is completed. You can restart the chama with new members or start a new one.
💡 Pro Tip
Invite reliable members and make contributions on time to ensure smooth chama operations!