Developing through CHAMA

Many business men in Kakamega town have identified a way to develop themselves through chama and are now using it as a ladder out of poverty. There is this  particular group consisting of a variety of business men and women from mitumba sellers to motobike riders who contribute a minimum of 3000/= to a maximum of 20,000/= every fortnight, The money is the handed over to a member depending on their member in the groups (merry go round). The members then used the the cash to purchase some item or equipment that will earn enough income to repay the rest of the group members when their turn come. Every group member will repay an equal amount to that which the recipient produced during their turn.
Thank to this chama idea, these business men & women have since developed to great levels and have since lifted their families out of poverty.

Location: Kakamega market/town, Kakamega Central, Kenya