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Mambokesho
#1 Posted : Tuesday, June 15, 2010 3:35:33 PM
Rank: New-farer


Joined: 5/10/2010
Posts: 28
Location: kenya
I am in an informal chama group of 12 members and we are planning to formalise it.Which should we go a selfhelp group or a company?
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Fundaah
#2 Posted : Tuesday, June 15, 2010 3:56:01 PM
Rank: Elder


Joined: 11/19/2008
Posts: 1,267
Company is good ....Has limited liability ...can own property in its name..can sue and be sued...has perpetuality ....ie death of one member does not mean its end..
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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mukiha
#3 Posted : Monday, June 28, 2010 12:04:34 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
....and it is easier to register (no checking by NSIS!!)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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XSK
#4 Posted : Friday, July 23, 2010 5:13:56 PM
Rank: Veteran


Joined: 12/8/2009
Posts: 975
Location: Nairobi
mukiha wrote:
....and it is easier to register (no checking by NSIS!!)

@Mukiha,

How and where do you register a Chama (self help)? Any links that can help me with more info. I need to report to my group. Help if you can.
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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karqui
#5 Posted : Monday, August 02, 2010 1:51:21 PM
Rank: Member


Joined: 8/2/2010
Posts: 480
Location: chokoo
my maiden contribution.
@XSK, chamas(self help)are registered as welfare's through the ministry of cooperatives.Its not much of a process, but it safeguards your interests and opens for growth as you modify as you grow and develop since registration gives some generalities for the future.
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boyd
#6 Posted : Thursday, April 12, 2012 8:20:59 AM
Rank: New-farer


Joined: 4/3/2012
Posts: 13
How much does it cost to register one at the ministry of cooperatives? where are they located?
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Gathige
#7 Posted : Thursday, April 12, 2012 11:58:33 AM
Rank: Elder


Joined: 3/29/2011
Posts: 2,242
@Mambokesho,

You can make it easy and register it as a business name. It is easy and no returns to make!
"Things that matter most must never be at the mercy of things that matter least." Goethe
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amga
#8 Posted : Sunday, April 22, 2012 9:14:30 AM
Rank: Member


Joined: 8/16/2010
Posts: 149
Location: hapa Kenya
@mambokesho you can register a self help group (shg) at the ministry of social services who require a list of members and officials, a constitution signed by all members and you can collect the registration certificate in the time given by the community development assistant or CDA, most start this way and either progress onto saccos or even limited companies, hope this helps
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wasee
#9 Posted : Tuesday, May 15, 2012 9:00:29 AM
Rank: Member


Joined: 2/5/2010
Posts: 273
Location: NBI
amga wrote:
@mambokesho you can register a self help group (shg) at the ministry of social services who require a list of members and officials, a constitution signed by all members and you can collect the registration certificate in the time given by the community development assistant or CDA, most start this way and either progress onto saccos or even limited companies, hope this helps



You will find this link useful if you are thinking of a self help group

http://www.gender.go.ke/...ked-questions-faqs.html
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