Mwanamke Jasiri
Chama contribution calculator
Plan your group savings. See the monthly pool, what each member puts in, how much the money could grow, and what a merry-go-round turn pays out.
Plan it before you pool it
Work out your chama numbers
No mystery, just arithmetic
How this is worked out
- Monthly pool = number of members times the monthly contribution per member.
- Total contributed = monthly pool times the number of months.
- Growth uses compound interest on the pool, with each contribution added at the end of the month. If you leave the return empty, growth is zero.
- A merry-go-round turn pays out one full month of the pool, and a full cycle takes one month per member.
Read this before you rely on it
Good to know
This calculator gives estimates to help you plan. It is general information, not personal financial, tax or legal advice, and it cannot promise any result. Your own figures and rules may differ.