ChamaSpace: The Digital Home for Chamas
ChamaSpace is an all-in-one financial platform that empowers Chamas, self-help groups, and investment clubs to manage money smarter, build trust, and grow wealth.
From transparent bookkeeping to interest-earning savings and peer-to-peer lending, ChamaSpace is designed for the unique needs of African savings groups. With Bookkeeping app, every contribution, loan, fine, or expense is automatically tracked, ensuring accuracy and accountability.
Why ChamaSpace?
Chamas in Kenya collectively manage over KSh 300 billion (~$3.4B), yet most still rely on notebooks or Excel. This leads to errors, mistrust, and missed opportunities to grow wealth. ChamaSpace solves these challenges by digitizing group finances, enabling goal-based savings, and unlocking access to investments and credit.
We believe financial inclusion starts at the community level. That’s why ChamaSpace is built to be simple, transparent, and accessible to every Chama member.
Key Features
1. Chama Bookkeeping
• Record all group finances: contributions, savings, loans, fines, expenses, investments.
• Backdate entries for accurate financial history.
• Add/remove members with full transparency.
• Generate and download detailed reports (income, cash flow, loans, fines, transactions).
• Share PDF documents securely with members.
2. Wekeza Goals – Save & Earn Interest
• Start saving with as little as KSh 5.
• Pool savings with your group and invest in high-yield money market funds.
• Earn 10–15% interest depending on savings type.
• Continue earning interest even if contributions pause.
3. Merry-Go-Round & Table Banking
• Digitize your group’s traditional merry-go-round.
• Automate payout rotations and reminders.
• Invest idle funds during the cycle to beat inflation.
4. Kopeshana (Peer-to-Peer Lending)
• Securely lend and borrow within your group.
• Use digital agreements and verified identities.
• Track repayments digitally—no more confusion.
5. Seamless Whatsapp Bot Integration
• Take advantage of the WhatsApp bot assistant.
• Transactions are automatically detected, categorized, and recorded.
• Supports recording of contributions, fines, and loan repayments.
6. Trust, Transparency & Notifications
• Every member sees up-to-date financial records.
• Disputes are minimized with full transparency.
• Get instant notifications on group activities and transactions.
💡 Our Unique Edge
ChamaSpace is the first fully integrated ecosystem built specifically for Chamas:
✅ Bookkeeping
✅ Goal-based savings with interest
✅ Merry-go-round management
✅ Peer-to-peer lending
✅ Transparent financial tracking
🔐 Secure & Reliable
We take security seriously. ChamaSpace follows industry best practices to safeguard sensitive financial and personal information, ensuring your group’s money and data remain protected.
🚀 How to Get Started
1. Download the ChamaSpace app.
2. Sign up with your name, ID, and phone number.
3. Create or join your Chama.
4. Start managing contributions, loans, and goals.
5. Enjoy a 14-day free trial of bookkeeping. After that, continue for just KSh 4,000 per year per group.

🌟 Who Is ChamaSpace For?
• Savings groups (Chamas)
• Family and friends’ investment clubs
• Self-help groups (SHGs)
• Merry-go-round & table banking groups
• Individuals who want to save and earn interest
ChamaSpace – Empowering Financial Inclusion
Digitize your Chama. Build trust. Save smarter. Grow together.
👉 Download ChamaSpace today and join the movement to transform community finance!