Chama Management System
Understanding Chama Management System
Chama Management System is Chama Systems flagship product, helping millions of the unbanked contribute their way to economic independence. It gives members the power to use their own resources to grow. We have an all-inclusive system that has features to on-board members, manage payments, generate reports and ensure member discipline. The system is customizable with features to edit Chama operational guidelines. Our Chama Management System is one of the best in the market, with progressive features that mirror economic growth and development.
Our Chama Management System Features
Loan Management
Manage the member and whole Chama loaning portfolio, custom-made for your group to reflect your requirements.
Chama Statements
Generate payment and loaning statements (both personal and group) which promotes transparency and accountability.
Fundraising
Allows members to pool funds for a common goal, ideal for social engagements and activities.
Member Management
Approve, suspend and manage member engagement on the Chama Systems Platform.
Chama Welfare Management
Manage deposits and payments made for social inclining and emergency activities.
Merry Go Round
Contribute funds periodically and remitting it to one member, done in an agreed cycles.
Understanding Chama Management System in Financial Inclusion
Driver of the Economy
The financial sector is one of the most sensitive in the economy, thanks to the tight regulations. Furthermore, money breeds trust issues since it is readily usable. Chama Systems purposes to create a community of people whose goal is to develop themselves and grow their potential. Our system offers trust, competency and facilitation, leaving the actual investment and planning to group members. Our services cut across the financial divide, providing a safe haven for transactions. It is a member driven activity, with deposits and withdrawal managed by Chama Leaders, irrespective of their location. Chama Systems does not have in operational role in managing Chama funds, expect for basic customer support.
The financial sector is one of the most sensitive in the economy, thanks to the tight regulations. Furthermore, money breeds trust issues since it is readily usable. Chama Systems purposes to create a community of people whose goal is to develop themselves and grow their potential. Our system offers trust, competency and facilitation, leaving the actual investment and planning to group members. Our services cut across the financial divide, providing a safe haven for transactions. It is a member driven activity, with deposits and withdrawal managed by Chama Leaders, irrespective of their location. Chama Systems does not have in operational role in managing Chama funds, expect for basic customer support.
Managing Experiences
Most importantly, Chama Systems does not only create a platform to manage the experience, but also has a financial literacy module that can help you grow your savings significantly. This service looks into investment best practices and advises Chamas of what to do to have a competitive return on investment. Lending is the core function of our system, but the Financial Literacy program offers after-sale services. Our clarion call is Financial inclusion, whose focus is pooling resources for economic growth and development. Financial resources are scarce, but by pooling them, it affords us the muscle to grow our potential. Call on our relationship managers and they will gladly train you in financial management, effectively promoting our financial inclusion agenda.
Chama Management System
Frequently Asked Questions
It is a system that facilitates pooling resources from members, and manages borrowing and payments. Every activity is automated, giving the members and easy time understanding their obligations and responsibilities.
We DO NOT have a registration fee to use our system. Our charges are banded per transaction based on the withdrawal amount. Click HERE to see our pricing.
Our system has the best security features in the financial sector. We guarantee total privacy on any information shared with us.
Our Chama Management system is affordable, reliable, trustworthy and forward thinking. Besides the Chama Management System, we also offer financial literacy services and Financial research and development. Our aim is to make the unbanked enjoy the convenience and trust associated with financial inclusion.
Yes. We have an active financial policy that forbids us from sharing personal data to anyone. Likewise, we do not use our customers’ data without their consent.
When signing up, the Chama leader sets the conditions that the Chama will be using. For table banking, there are interest rates and loan duration, among other functionalities. You can re-customize them to reflect to the group needs.
Go to the sign-up page and fill in your details. You should be one of the leaders to proceed to the next step.
Phase 2 entails filling in Chama administration details, location and registration status.
Phase 3 of registration entails filling in Chama management details (loan interest, registration etc.)
The last phase is onboarding members, and your ChamaSystems account is set.