Savings Tracking Software for Chamas, SACCOs and Table Banking Groups
Savings are the foundation of every group. Frostwood’s Savings Tracking module helps groups maintain clean, organized, and transparent records of member contributions. It gives officials a central dashboard for tracking deposits, shares, and balances.
The Problem: Savings Tracking Challenges
When contributions are tracked manually using notebooks or WhatsApp, errors easily occur. Members may disagree about what they have paid, and treasurers spend hours updating records for meetings.
Why Kenyan Groups Trust ChamaBooks for Savings Tracking
How Savings Tracking Integration Works
Establishment of contribution rules (amounts, frequency, and deadlines).
Recording of deposits via M-Pesa or manual entry for bank transfers.
Automatic calculation of member shares and total group capital.
Real-time visibility of arrears and overdue payments.
Self-service access for members to check their balance anytime.
Member Profiles
Dedicated history for every member showing every shilling contributed.
Arrears Management
Automatically identify and notify members who have missed deadlines.
Share Tracking
For SACCOs, track member shares and investment capital separately from liquid savings.
Automated Statements
Generate PDF statements for members to download or print.
Savings Tracking Capabilities
Bank-Grade Security
ChamaBooks ensures that all savings data is backed up daily in the cloud. Access is restricted via role-based permissions, ensuring only authorized officials can modify records.
Frequently Asked Questions
Ready for Better Group Management?
Deploy ChamaBooks Savings Tracking tools to build a transparent and scalable group financial system.