Mizani Core vs Chamasoft
Last reviewed 25 June 2026
Short answer
Chamasoft lists a free tier and paid plans — Ksh1,000/month, Ksh2,800/quarter or Ksh10,000/year — covering up to 20 members with Ksh30 per additional member (excl. 16% VAT), per its pricing page (retrieved June 2026).
Chamasoft is one of Kenya's best-known tools for chamas and investment groups. It handles contributions, group accounting, member statements and communications, and it is unusually open about pricing — a free tier plus monthly, quarterly and yearly plans (up to 20 members, then Ksh30 per extra member, excluding VAT).
The difference is one of focus. Chamasoft is built around investment-group bookkeeping; Mizani Core is built around an honest, reconciled record — every member sees their own position on their own phone, money only moves when a second officer approves it, and the book is checked against the group's real mobile-money balance. If your priority is keeping the numbers verifiably honest between meetings, that reconciliation step is the thing to look for.
Feature by feature
A cell marked “—” means we have not independently verified that feature for Chamasoft from public information (as of June 2026) — it is not a claim that the feature is missing. We update these as we confirm them.
| Feature | Mizani Core | Chamasoft |
|---|---|---|
| Reconciles to mobile moneyChecks the book against the group's real mobile-money balance so nothing quietly goes missing. | YesAgainst the real balance | Not verifiedNot verified |
| Two-person approvalMoney only moves when a second officer signs off — no single point of trust. | Yes | Not verifiedNot verified |
| Per-member statementsEvery member sees their own savings, loans and shares on their own phone. | YesOn every member's phone | Not verifiedNot verified |
| Loans & arrearsLend at the rates you set, track repayments, guarantors and arrears. | YesRates, guarantors, arrears | Not verifiedNot verified |
| Cycle share-outSplit the pot fairly at cycle-end with maths everyone can check. | Yes | Not verifiedNot verified |
| Works for members without smartphonesOfficers manage members offline; each can claim their record later by phone. | YesManaged members + claim later | Not verifiedNot verified |
| Regulatory complianceFor registered SACCOs: tracks your prudential ratios, builds the regulatory returns, keeps a compliance calendar and audit-ready registers — tuned to your country's SACCO rules. | YesCountry-aware (UG, RW) | Not verifiedNot verified |
| WhatsApp updatesReminders and confirmations land in the chat the group already uses. | Yes | Not verifiedNot verified |
| Local languagesUsable in the languages members actually speak. | PartialEnglish; more in progress | Not verifiedNot verified |
Where Chamasoft works
- Public, predictable pricing with a free tier
- Purpose-built for chamas and investment groups
- Member statements and group communications
Best for: Kenyan investment groups and chamas that want public, predictable pricing.
Where it falls short
- Positioned for investment-group bookkeeping, not deposit-taking SACCO core banking
- Free-tier permanence is uncertain (vendor pages and help-center conflict)
Frequently asked questions
How much does Chamasoft cost?
Chamasoft lists a free tier and paid plans — Ksh1,000/month, Ksh2,800/quarter or Ksh10,000/year — covering up to 20 members with Ksh30 per additional member (excl. 16% VAT), per its pricing page (retrieved June 2026).
Chamasoft vs Mizani Core — which should my group use?
Both serve Kenyan groups. Chamasoft is strong for investment-group bookkeeping with public pricing; Mizani Core focuses on a reconciled record on every member's phone with two-person approval on payments. Choose based on whether bookkeeping or verifiable reconciliation matters most to your group.
Sources
- Chamasoft — home — retrieved 2026-06-25
- Chamasoft — pricing — retrieved 2026-06-25
- Chamasoft help — what is Chamasoft — retrieved 2026-06-25
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