MYCHAMA
Features
Inside the MyChama Circle
Here’s how our private community of committed members comes together to save consistently, grow intentionally, and receive meaningful annual rewards — all guided by trust, discipline, and a shared purpose.
Private Membership
MyChama is strictly by invitation. Only approved members can join, creating a safe, trusted environment where everyone is committed to the same values and goals.
Member Portal
Every member gets access to a secure online dashboard to track contributions, view savings progress, set goals, and stay informed — all in one place.
Modern Stokvel Roots
MyChama draws from the rich South African tradition of stokvels, reimagined with structure, digital tools, and member protection for today’s saver.
Annual Payouts
At the end of each cycle (January 15th), members receive their full savings plus a club-agreed growth benefit — as outlined in the group constitution.
Clear Records
All financial activity is recorded and accessible, ensuring total transparency. Members can always see how much they’ve saved and what they’re due.
Easy Card Payments
Members can make their monthly contributions securely using a debit or credit card — with automated reminders and receipts for peace of mind.
Emergency Access Option
While MyChama promotes disciplined saving, members may request access to their funds in the case of a genuine emergency — subject to review and group consent.
Monthly Contributions
Each member contributes a fixed amount monthly. This consistent structure builds saving discipline and allows the group to grow collectively.
Long-Term Growth
A portion of members’ contributions is reserved for long-term investment — helping build sustainable returns for the benefit of the entire circle.