# Chamasoft

> Automated financial bookkeeping and management for investment groups (Chamas). (iPhone/iPad app by Digital Vision East Africa.)

- Source: https://appshunter.io/ios/app/chamasoft/id1489712788 (this page in markdown: same URL + `.md`)
- Developer: [Digital Vision East Africa](https://appshunter.io/developer/1489712787)
- Category: Finance
- Price: Free
- Rating: 1.00/5 from 1 App Store ratings
- Age rating: 4+
- Requires: iOS 16.6 · 47 MB
- Languages: American English
- Released: 2019-12-02
- Data updated: 2026-06-22
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/chamasoft/id1489712788/reviews.md

## What is Chamasoft?

Chamasoft is a book keeping tool for Investment Groups ( Chama ), commonly known as Chamas.

Chamasoft automates the operations of these groups, eliminating the need for complex Excel sheets and bulky write up, thereby making the work of financial book keeping within the group easier.

It achieves this in the following way: 
1. It automates member invoicing, 
2. Keeps an updated statement for each member, 
3. Members can login to view their financial position within the group, 
4. Reminds members to make payments, stores group data on the cloud (available 24/7 anywhere in the world) and 
5. A cash book module for use by the Treasurer.

FEATURES:

- Chamasoft E-Wallet
Chamasoft provides an online E-Wallet that chamas can use to manage their finances by making payments via M-Pesa and withdrawals to M-Pesa or any bank account. 

- Financial Management
Chamasoft acts as an online treasurer. All one does is record payments and Chamasoft reconciles the records.

- Membership Management
Chamasoft allows one to register all members on the system where they access to their chama records online.

- Bank Account Management
Chamasoft records withdrawals, transfers and deposits that are performed on the bank accounts.

- Expense Management
Chamasoft allows users to track expenses as they occur, be it for land purchases or payments for services.

- Project Management
One can track projects e.g. Expenses regarding purchase of land, and the contributions needed to carry out the project.

- Loan Management
For chamas that do internal lending, Chamasoft provides a platform for recording these loans.

- Financial Reports
Chamasoft generates the following reports; Member Statements, Loan Summaries, Expense Summary and Transaction Statements.

- One Time Penalty Management
One can penalise members for issues such a late coming and this will be reflected on the members' statement.

CHAMASOFT
Focus on your Group Investments (chama, sacco) as we handle your group financial administration.
Do not wait — Download and automate your group, chama or sacco now!

## Key features

- Automated member invoicing
- Online member financial statements
- E-Wallet for payments and withdrawals
- Expense and project tracking
- Financial reporting
- Loan management
- Penalty management


## Frequently asked questions about Chamasoft

### How does Chamasoft automate member invoicing?

Chamasoft automatically generates and sends invoices to members based on group contributions and payment schedules. Members can then view their outstanding balances and make payments directly through the app's e-wallet.

### Can members view their financial position in Chamasoft?

Yes, members can log in to Chamasoft to view their updated statements, track their contributions, and see their overall financial position within the investment group at any time.

### What payment methods does the Chamasoft E-Wallet support?

The Chamasoft E-Wallet allows for payments via M-Pesa and withdrawals to M-Pesa or any bank account. This provides flexibility for members to manage their group finances.

### How does Chamasoft handle expense tracking for groups?

Chamasoft allows users to record and track expenses as they occur, whether for specific projects like land purchases or for general services. This helps maintain an accurate overview of group expenditures.

### What types of financial reports can Chamasoft generate?

Chamasoft generates several key financial reports, including Member Statements, Loan Summaries, Expense Summaries, and Transaction Statements, providing detailed insights into the group's financial activities.

### Is Chamasoft available on multiple devices?

Yes, Chamasoft is available for both iPhone and iPad devices, allowing users to manage their group finances from their preferred Apple devices.

### How often is Chamasoft updated?

The latest version of Chamasoft is 2.3.5, which was last updated on January 26, 2026. This indicates a commitment to ongoing development and improvements.

### Does Chamasoft have ads?

No, Chamasoft does not contain advertisements. The app is completely free to use without any ad interruptions.

## Version history (last 5 releases)

### 2.3.5 — 2026-01-26

We’ve made Chamasoft even better!
- Fixed bugs to improve overall stability
- Resolved M-Pesa payment prompt issues
- Optimized app speed for a smoother, faster experience

### 2.3.4 — 2025-11-20

Your chama just got a serious upgrade! 
We’ve packed this release with powerful new tools to make your group management smoother, smarter, and more transparent.

New & Improved Features

Advanced Loans Module
Manage loans faster and more accurately with improved approvals, flexible repayment schedules, and clearer tracking for every member.

Automated Fines Management
No more manual follow-ups! Set rules, assign fines automatically, and keep every member accountable with zero stress.

Better, Sharper Reports
Enjoy cleaner, more detailed financial reports—now easier to read, export, and share. Perfect for meetings, audits, and decision-making.

Performance Boosts & Bug Fixes
Everything runs smoother, loads faster, and feels more responsive. Just the way your chama deserves.

Upgrade now and experience a more powerful, more organized Chamasoft.
Grow together. Manage smarter.

### 2.3.3 — 2023-06-16

Revamped user interface with a fresh and modern design.
Improved navigation for a smoother and more intuitive user experience.
Enhanced visuals and animations to provide a visually appealing interface.
Optimized layout for different screen sizes, ensuring consistent presentation across devices.


Implemented AES-256 encryption algorithm for secure data transmission.
Strengthened user authentication mechanisms to prevent unauthorized access.
Implemented two-factor authentication (2FA) for an added layer of account security.
Enhanced data encryption for sensitive user information stored locally.
Implemented regular security audits and penetration testing to identify and address vulnerabilities.


Resolved various bugs and crashes reported by users, ensuring a more stable app.
Optimized app performance and improved loading times for a seamless user experience.

General performance enhancements to make the app faster and more reliable.

### 2.1.1 — 2021-06-04

Added feature to manage group meetings. You can now record your group meetings i.e.
- Record meeting name, venue & date it occurred
- Record members present, absent & absent with apologies
- Record contributions, loans & fines made
- Record meeting agenda & any AOB
- Share meeting report with members
Added partial offline capabilities
General bug fixes

### 2.0.5 — 2021-02-03

Updates made for the following:
- Auto Read SMS verification code
- Can make payments for only contributions that are active and running

Explore the new updates and provide us with feedback on the experience and any issues you may encounter.

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## More apps by Digital Vision East Africa

- [PetroPal](https://appshunter.io/ios/app/petropal/id6474233062)
- [beyondRent.](https://appshunter.io/ios/app/beyondrent/id6477579877)

All apps by Digital Vision East Africa: https://appshunter.io/developer/1489712787

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-22.*