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Dangers Of Joining a Chama In Kenya

For many Kenyans, chamas—informal investment groups—have long been a reliable way to pool resources, invest in businesses, and achieve financial growth. However, while chamas have

Personal Finance

Beware: Chamas Can Be Very Helpful, But Very Toxic Too

Yes, Chamas are a great informal way of harnessing capital to bring about self-improvement and achieve financial success. But be careful not to be trapped into someone’s else grand vision or wasting all the lumpsum you have saved on liabilities.