ChamaPesa gives savings clubs (chamas) the tools to issue and manage financial instruments which their members can access from their phones, with good governance at low cost. ChamaPesa enable financial inclusion for people at the base of the pyramid. It enables these Chamas to better manage their savings with good governance and transparency for the members. ChamaPesa also enables Kenyans to directly save into their Chama account using MPESA. It also allows financial institutions to offer financial services such as currency accounts, securities and insurance directly to savings groups at low cost. The Android app ChamaPesa is focused on savings, but under the hood it is fundamentally a payment system that is network independent. The system allows multiple chamas to issue multiple instruments. Dinero reduces the support costs of managing savings, enabling cost-effective “microsaving” through social savings groups (chamas). Chamas provide economies of scale by pooling the regular savings of their members.They license the software to the chama and charge transaction fee on primary exchange. On their first offering ChamaPesa are the exchange agent, so they charge 10%. But chamas who license from them will only be charged 0.5%.