mChama / Investment
Helps the members of a Chama to keep track of their finances from incomes & expenses to profits & loses.
Membership ManagementAn online portal allows for registration, migration, bulk registration, and management of members.
Bank Account ManagementHelps to record bank transactions from withdrawals to deposits and transfers and allows for easy reconciliation.
Expense ManagementProvides a holistic view of expenses and makes it easy for the group to track the expenses as and when they occur. Eg. Land Purchase, Paying for services
Easily track the expenses of a project and the contributions required from the members.
Loan ManagementManages the complete loan lifecycle cost-effectively and flexibly.
Financial ReportsPresents a robust report on Chama data through pre-configured and system-generated reports which can be downloaded in multiple formats.
Makes it easy to impose fines on members for multiple categories and link them as per the bank’s business rule.
Alert and NotificationIntimates members of the group through SMS and email alerts about deposits and lending.
EChama offers the right tools that are accurate, accessible and helps to ease the workload to manage the group finances.
Financial information is stored securely on EChama ensuring the information is only visible to authorized users.
Echama is available 24/7 as long as there is a reliable Internet connection, and is accessible from anywhere in the world.
Easy Set up
Echama requires simple steps for setting up which includes sign up, member registration, adding a bank account and setting up contribution.