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I want to join a chama/Investment Club
RichVee
#1 Posted : Monday, September 12, 2016 5:22:25 PM
Rank: Member


Joined: 1/26/2010
Posts: 124
Does anyone know of a chama/investment club that is accepting new members? I am interested in joining.

Thanks
Tired of mediocrity. Am going to the very top!
streetwise
#2 Posted : Monday, September 12, 2016 5:56:09 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,739
Location: Nairobi
Last week zzz nation sacco were on the roads advertising

Angelica _ann
#3 Posted : Monday, September 12, 2016 6:13:48 PM
Rank: Elder


Joined: 12/7/2012
Posts: 9,529
Define your goals of joining the chama?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
RichVee
#4 Posted : Thursday, September 15, 2016 1:49:14 PM
Rank: Member


Joined: 1/26/2010
Posts: 124
Angelica _ann wrote:
Define your goals of joining the chama?


Angelica_ann
My goals:
To be part of a focused group of serious minded investors. To benefit from pooled resources. Brainstorm ideas, friendship ...
Tired of mediocrity. Am going to the very top!
BGL
#5 Posted : Thursday, September 15, 2016 3:36:43 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,194
join either
(I) Stima Investment Co. Ltd
or
(ii) Safaricom Investment Co. Ltd.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Swenani
#6 Posted : Thursday, September 15, 2016 8:03:35 PM
Rank: User


Joined: 8/15/2013
Posts: 12,671
Location: Vacuum
RichVee wrote:
Angelica _ann wrote:
Define your goals of joining the chama?


Angelica_ann
My goals:
To be part of a focused group of serious minded investors. To benefit from pooled resources. Brainstorm ideas, friendship ...


Try the alternative investment section aka SP
Poverty is the root of all evil
Angelica _ann
#7 Posted : Thursday, September 15, 2016 8:07:12 PM
Rank: Elder


Joined: 12/7/2012
Posts: 9,529
Swenani wrote:
RichVee wrote:
Angelica _ann wrote:
Define your goals of joining the chama?


Angelica_ann
My goals:
To be part of a focused group of serious minded investors. To benefit from pooled resources. Brainstorm ideas, friendship ...


Try the alternative investment section aka SP

Wameshomeka to recognition, they are no longer there smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
washiku
#8 Posted : Tuesday, November 01, 2016 12:00:46 AM
Rank: Chief


Joined: 5/9/2007
Posts: 13,022
Angelica _ann wrote:
Swenani wrote:
RichVee wrote:
Angelica _ann wrote:
Define your goals of joining the chama?


Angelica_ann
My goals:
To be part of a focused group of serious minded investors. To benefit from pooled resources. Brainstorm ideas, friendship ...


Try the alternative investment section aka SP

Wameshomeka to recognition, they are no longer there smile


Even after entertaining some beauties on the initial carrot won earliersmile #GukaJulieTales
Angelica _ann
#9 Posted : Tuesday, November 01, 2016 12:37:50 AM
Rank: Elder


Joined: 12/7/2012
Posts: 9,529
washiku wrote:
Angelica _ann wrote:
Swenani wrote:
RichVee wrote:
Angelica _ann wrote:
Define your goals of joining the chama?


Angelica_ann
My goals:
To be part of a focused group of serious minded investors. To benefit from pooled resources. Brainstorm ideas, friendship ...


Try the alternative investment section aka SP

Wameshomeka to recognition, they are no longer there smile


Even after entertaining some beauties on the initial carrot won earliersmile #GukaJulieTales

Whole squad went MIA and thread died!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
raveras kenya
#10 Posted : Friday, August 24, 2018 2:41:42 PM
Rank: Hello


Joined: 8/24/2018
Posts: 6
Location: Nairobi
I think you should contact kaig (Kenya Association Of Investment Groups) You can contact them and they will assist you for the same.
MugundaMan
#11 Posted : Thursday, October 11, 2018 7:46:07 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 930
Location: Future Dustbowl Citizen
How does joining a chama benefit anybady
If they were giving free money it would make sense
Just save your maney and do things on your own brada.
Too many cooks spoil the broth!
"The best investment on earth is earth" **Target 1000**
Chaka
#12 Posted : Thursday, October 11, 2018 8:58:42 PM
Rank: Veteran


Joined: 2/16/2007
Posts: 2,009
There are jamaas who join a chama/merry-go-round..let's say 10 members and lets say each week they all contribute 2 k and give one member,ie 20k..how long will it take a member to get the 20k vs if they saved the 2k on their own weekly(tho requires discipline)?
MugundaMan wrote:
How does joining a chama benefit anybady
If they were giving free money it would make sense
Just save your maney and do things on your own brada.
Too many cooks spoil the broth!

Faith aba
#13 Posted : Friday, October 12, 2018 8:34:39 PM
Rank: Hello


Joined: 10/12/2018
Posts: 1
Location: Kenya
I want as well.... I need inspiration mentorship and patnership ...
MugundaMan
#14 Posted : Sunday, October 14, 2018 10:20:12 AM
Rank: Veteran


Joined: 1/8/2018
Posts: 930
Location: Future Dustbowl Citizen
Chaka wrote:
There are jamaas who join a chama/merry-go-round..let's say 10 members and lets say each week they all contribute 2 k and give one member,ie 20k..how long will it take a member to get the 20k vs if they saved the 2k on their own weekly(tho requires discipline)?
MugundaMan wrote:
How does joining a chama benefit anybady
If they were giving free money it would make sense
Just save your maney and do things on your own brada.
Too many cooks spoil the broth!



10 weeks only and you have the 20k by saving alone!
With the chama what if one (or more) members who got their 20k mapema defaults after you have been faithfully contributing for weeks? Chamas and Saccos increase risk exponentially IMHO. All it takes is for a few bad apples to default and you are done in. The horror storos I have heard about this are legion. I would rather save for 2 years to reach my goal than take a risk with 10 people, any of whom can default at any time for any reason (or even die all of a sudden) and my money is gone! In which case a chama or sacco like that will be no different than the pyramid schemes that collapse that we have heard of for many years in Kenya.
"The best investment on earth is earth" **Target 1000**
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