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Get your tickets to AfriFite

Get your tickets to AfriFite
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Home | Kenya Breaking News, Entertainment, Politics, Business, Sports
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I Will Always Vouch For 'Chamas': 7 Financial Tips By 'Alpha Charlie' Founder

I Will Always Vouch For ‘Chamas’: 7 Financial Tips By ‘Alpha Charlie’ Founder
Caroline Gikunda is a director and proprietor of Alpha Charlie Solutions, a construction business that supplies building materials such as sand, ballast, bricks, and rough stones within the larger Coastal region and the Mount Kenya region, and runs holiday homes and villas at the coast.
She shares some lessons from her entrepreneurial journey.
I will always vouch for Chamas. I have initiated several such groups and they have built up the members. In table banking you pool resources together, borrow money at an interest and pay at the agreed group terms. The groups are run digitally on social media for optimum convenience. To wake up in the morning and be able to access a half-a-million-shillings loan in a few minutes on your WhatsApp is the best thing that can happen to a business person. The principle of trust and integrity rules here. ....

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