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Bank’s chama awards to showcase power of group investments

Rafiki Bank CEO Daniel Mavindu (left) receives a title deed for an acre of land worth Sh2.5 million from Ndatani Enterprises chief executive Alexander Muema in Nairobi last week. The land is the top prize in the East Africa Chama Awards launched by the bank in September. PHOTO | DIANA NGILA

The search for Kenya’s top investment groups popularly known as chamas is on following the launch of a competition to profile the successes of investment clubs.

Rafiki Microfinance Bank has invited chamas across the region to participate in the inaugural East Africa Chama Awards meant to showcase the power of group investments.

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