Chamapesa is a ledger keeping and social messaging app for groups like chamas and merry-go-rounds builts using blockchain technology to promote a savings culture.
Michael Kimani, cofounder at Chamapesa announced on his official telegram page saying
“Our first app comes out in September, ready to use for chamas that save together or merry go round groups that contribute and groups that want to fundraise for projects.
This blockchain-based app will ensure transparency and accuracy in keeping of records among these saving groups. He went further to explain stating that
“..the app will let you communicate as a group and keep your records on a digital ledger where it is transparent to everyone in the group”
With a vision of having “…a large social network of many chama groups that can collaborate using strong digital records and a dedicated social messaging service for chamas” Chamapesa plans to recruit 10,000 chamas for the biggest chama network in East Africa.