Thread by @SokoAnalyst

How many of us are in a Chama? Do you benefit over and beyond the normal circulation of cash? Can you borrow from the Chama or the process is complicated? Can you invest with it or you dot trust your fellow members? This is why you need @AppMalipo #MalipoApp

Thread…

I am in a Chama where we contribute 20,000 a week each member. We contribute by Friday. Then Saturday we pick who the winner is. We are 27 members. We just circulate cash. Doing more is challenge coz of trust issues @AppMalipo #MalipoApp

We have been in the Chama for a while. I found it there. I think I was one of it last members to join. We have guys from banking sector to CID to Military in it. It’s been useful to me when in a cash bind @AppMalipo #MalipoApp

With everything good, we all desire to take it to the next level but structured engagement is the problem & since am not the one of the core architects of the Chama, I just watch, contribute & wait #MalipoApp @AppMalipo

That’s why I have been thinking about @AppMalipo because with them, our Chama can structure itself & we can do more because we can pool a lot of resources together & do investments. For us, given the econ, Chamas are a better vehicle to marshal cash for any big project #MalipoApp

But I wanted to ask you, why do Chamas die after while? Why do good friends become enemies after the Chama folds up? How do you deal with delinquent members? #MalipoApp @AppMalipo

I. Are you in a Chama?
2. How much do you contribute?
3. Do you plan on scaling up?
4. How do you discipline errant members?
5. Do you have investment options?

Please RT so that I can be able to get as much views as possible @AppMalipo #MalipoApp