CHAMA LEADERSHIP: IMPORTANCE: 1. Providing Guidance Leaders offer guidance to all members of the group to ensure they are fulfilling their roles. Guidance involves responding to questions and resolving problem. A leader intercedes and finds a solution to enhance efficiency of the group member. 2.Building Morale Effective team leaders ensure that team morale remains high […]
STEPS ON HOW TO MANAGE CONFLICT IN A CHAMA: The group leader should recognize the conflict and the members involved in the recognized conflict. The group leader should then plan an informal gathering with all the members involves. Leaders are here warned not to leave out any member as this may foster feelings of hostility […]
Naivasha The Rift Valley region has been attracting high-end developers. Naivasha’s scenic landscape, wildlife parks and a lake popular with holidaymakers has put the once dusty town on the global property radar. Postcard developments here include Longonot Gate, Great Rift Valley, Osotua Villas, and Aberdare Hills Golf Resort, which was named as the Best Golf […]
Agribusiness was earlier known as the business of farming but this has been expanded as is now currently the business related to the supply of farm inputs, such as farm machinery and seed supply as well as the business that is involved in the marketing of farm products, such as warehouses, wholesalers, processors and retailers. […]
DOS: Keep the main agenda of investment group meetings strictly to business. Any social agenda can be dealt with after the official business meeting is complete. Use credible professionals to handle your transactions – from accounts to legal matters. Comply with all government statutory and regulatory requirements – auditing accounts every year, paying all taxes […]
INVEST REGULARLY Build up your capital first before beginning your investments. Once you begin the investment process, don’t stop. Try to avoid holding your contributions for more than three months before investing in opportunities. REINVEST DIVIDENDS/EARNINGS Take a long-term view to your investment and re-invest back all your profits for the first couple of years. […]
The success of investment groups is not just in money. Make an effort to know each other by organizing team building or bonding sessions. You will find that the skills, talents and connections of each member can be exploited to boost your Chama’s fortunes. Info-graphics below explains it all:
The success of most chamas has been attributed to investment banks, in Kenya we have many investment banks that have helped chamas grow into large entities with assets and capital for investing. WHAT IS INVESTMENT BANKING? An investment bank is a financial entity that assists individuals and companies in raising capital through making investments and […]
