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I want to join a chama/Investment Club
Rank: Member Joined: 1/26/2010 Posts: 124
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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!
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Last week zzz nation sacco were on the roads advertising
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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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
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Rank: Member Joined: 1/26/2010 Posts: 124
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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!
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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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
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Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum
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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 If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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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  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Chief Joined: 5/9/2007 Posts: 13,095
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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 Even after entertaining some beauties on the initial carrot won earlier #GukaJulieTales
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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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 Even after entertaining some beauties on the initial carrot won earlier #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
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Rank: Hello Joined: 8/24/2018 Posts: 9 Location: Nairobi
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I think you should contact kaig (Kenya Association Of Investment Groups) You can contact them and they will assist you for the same.
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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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!
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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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!
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Rank: Hello Joined: 10/12/2018 Posts: 1 Location: Kenya
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I want as well.... I need inspiration mentorship and patnership ...
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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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.
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Rank: Hello Joined: 5/24/2019 Posts: 8 Location: Nairobi
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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! Seconded Unfortunately I can't change my username SMH!
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Rank: Hello Joined: 5/23/2019 Posts: 5
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I have a Constitution Template for a Chama/Investment Group. Contact me if you are interested.
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I want to join a chama/Investment Club
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