Chamabora is built around how Kenyan savings groups run, according to the company: one official records, a second confirms, and every member can check the result. Setting up a group starts with creating a chama on the website, with no card required; the service is free for every group until 30 April 2027 and, per its pricing page, stays free for good for groups of up to 10 members, with paid tiers after April 2027 that differ only by group size.
Members are added with a membership number each and invited by a single-use link. Each person is given one of four roles, chairperson, treasurer, secretary or member, and sees exactly what that role should. From there the treasurer records contributions as members pay by M-Pesa, a second official confirms each entry, and the monthly picture, who has paid and what is outstanding, is visible to everyone with a login.
Loans and repayment schedules, expenses and the cashbook, and meeting records sit alongside the contributions, and reports are generated for the annual general meeting. Chamabora never holds the group's money; it keeps the record. It is a venture of Mycrea Technologies LTD, the parent company of Kijiji News.
Sponsored content from chamabora.co.ke.