Greetings tolites,
This is from a trusted friend...
"Now the solution I promised you for the chama its 99pc ready.
It works like this - all your chama members send money to an MPESA paybill and indicate your chama name as the account reference.
For every contribution you (as the group leader) and the member get an SMS confirming your contribution.
When all have given in their cash, you can cash out from MPesa to the bank of your choice.
You get a simple web site showing who has paid when and who has not - records you can see.
Are you willing to try it out?"
regards,
Alfred,Ministry of Finance.
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Hi Andrew
No we cannot.
It is strictly collections. The money is held in the MPesa PayBill then sent to the account you provide (rem we are to give our bank details) when everyone has contributed.
regards,
Alfred