Investing as a group

A chama's savings can earn more than an idle bank account.

• Many money market funds let groups open an account in the chama's name, so the money earns interest while you decide on bigger plans.
• For larger goals, such as land or a business, do your homework: visit, search at the lands registry, and get advice before paying.
• Be wary of 'investment opportunities' brought by one member that need fast decisions. Pressure to rush is a red flag.

Write every investment decision down in the minutes, with who agreed.