Group savings that run themselves
Merry-go-rounds, table banking, investment groups and welfare funds, each with its own pool wallet, members and rules, right inside the customer app.
What it does
Group savings, rotations and welfare
A member starts a group or joins one with a code. Contributions come from members' wallets on schedule, payouts follow the rotation, and every payment is on record for the whole group to see.
How it works
Chamas in three steps
- 1
Start a group, choose its type and invite members with a join code.
- 2
Set the contribution and schedule; the app collects from each member's wallet.
- 3
Payouts, member loans and welfare claims are paid from the group wallet, on record for all.
In real life
The group's money, counted by everyone
Merry-go-round, table banking or investment group: members contribute from their wallets, and every share, fine and loan is on the record.
Built in
What Chamas does under the hood
Four kinds of group
Merry-go-round, table banking, investment and welfare groups.
Shares, assets and meetings
Each member's shares, the group's assets and its meetings, in one place.
Fines, loans and goals
The group records fines, lends to its members and saves towards goals.
Every move on the ledger
The group wallet posts to the same balanced ledger as everything else.
Who it is for
Made for the people who use it every day
- Savings groups and merry-go-rounds that still run on a notebook.
- Welfare groups that collect a little from every member each month.
- Investment clubs pooling money towards a shared goal.
For banks and operators
Your brand, your rules, your revenue
- Your brandChamas appear under your brand, in your own words for groups and contributions.
- Your settingsYou choose the group types offered, contribution limits and any group subscription.
- Your revenueGroup subscriptions and the money held in pool wallets both build your business.
Questions
Questions about Chamas
Which kinds of groups are supported?
Merry-go-round, table banking, investment and welfare groups. Each type has its own rules for contributions and payouts.
Who can see the group's money?
Every member sees the pool balance, contributions and payouts, so nobody has to rely on one person's notebook.
Can a group lend to its members?
Yes. Table-banking groups lend from the pool to members and collect repayments through the app.
Ready to launch your wallet?
Book a demo and we'll stand up your brand, country and rails — and walk you through the apps, admin and API.
Prefer to talk? Call +254 746 883809