For boda boda, matatu, market traders and business groups

Riders, drivers and traders earn daily and save daily. They need savings that are easy to make in small amounts, emergency loans when a motorbike breaks down or stock runs out, and welfare when there is an accident. ChamaBook keeps up with daily money.

What traders and transport groups need

  • Small, frequent payments recorded without fuss
  • Emergency loans approved quickly
  • Welfare cover for accidents and illness
  • Proof of savings for asset financing

How ChamaBook helps

  • Daily savings by till. Members pay small amounts to the group's till; each payment is matched by phone number.
  • Quick emergency loans. Loan products with guarantors from the stage or market, approved in the app.
  • Welfare. Claims for accidents and hospital bills with documents, approved by officials.
  • Statements for lenders. A member statement shows a record of regular saving.

A typical set-up

KES 100 a day into the group till, emergency loans of up to KES 20,000 with two guarantors from the same stage, and accident welfare of KES 15,000.

Questions traders and transport groups ask

Can traders save daily into a till?
Yes. Connect the group's Buy Goods till or Paybill and every payment is recorded against the member who sent it, whether daily, weekly or whenever they can.
Can members get emergency loans?
Yes. Set up a short-term loan product with its own limit, interest and guarantors; members apply on their phones and officials approve with one-time codes.

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