Diaspora Investments: Where Dollars Sent by Kenyans Abroad Are Being Invested
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- Опубліковано 5 чер 2024
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On this show, we discuss investment opportunities for Kenyans in the diaspora and why diaspora Savings and Credit Cooperative Societies, SACCOs are becoming key investment vehicles for investing back home. With the case study of the Kenya-USA Diaspora Sacco, we will highlight where the dollars sent home by Kenyans living abroad are being invested.
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This is great to see Kenyan growing! I wish I was part of them
Burundi 🇧🇮 Diaspora should get this example. Great Job Kenya 🇰🇪
Everytime i think of joining a Sacco, I get goosebumps.
hahaha me too
You are not alone. Keep it with you till you get there. You can’t hand a steak to a Congress hungry hyena to watch it for you!
Good or bad goosebumps?! Serious question... =)
I'm a Tanzanian but I love your programmes. They are insightful
You are very welcome..
Ahsante sana. Keep watching
"#AFRICA, to Unite/unify!!"??
Kenya and Africa is growing economically and infrastructure this is mega project
Great to see you my sister. God bless the work of your hands
Construction has been around since the Roman times. Why don't you form Construction companies from the Hundreds of Civil Engineering students graduating from Kenyan Universities?
Procure modern equipment and techniques to do high quality work for small and complex projects. You can enlist or buy medium sized western companies for a good price in this economy and bring in best practices, work etiquete, & tech transfer???? ........Instead of paying the Chinese companies (4X) the project cost. ...Their PREDATORY ECONOMICS will kill Kenyan Economy. When they EXHAUST the place they will leave like the locusts!! Stupid & CORRUPT politicians can't think this through...They're busy stealing.
Sasa aki unaexpect mtu ka Waititu atafikiriaje hiyo,ye amezoea kurusha mawe kutetea wananchi,kkkkkkkk,,,,,
This is a great proposal. We are working on many of these. We are just starting. Very welcome indeed.
Brilliant idea .
food for thought
What a brilliant idea. Am left me wondering why i couldn't think like you.
Kenyans are Industrious. They are so many here in Tzd too
Tutakuja huko pia
Na vile mnatuogopa,why?
@@johnohando2390 Hahaha not all bwana you just come brother Africa is one.
Chamwada you are doing a good job... this is an eye opener.congratulations
Enyewe 8-4-4 messed us up. The investment options are real estate, real estate or real estate. I hope the new education system will spark more creativity. Also would be nice to see what the diasporans in Middle East are doing if possible otherwise thanks Alex I especially love the returnees edition.
I also wonder. We cannot think beyond real estate
Sure! We have plans for middle east
What creative ways have you invested in? Real estate is an investment that will keep appreciating and low risk
Thanks Chams. Your show is well searched and on point. Be blessed.
Thanks for the feedback.
This must have been one of the best exposure to our brothers and sisters in U.S.A... keep it up..
Very eye opening Chamsmedia thanks
Karibu.
Sure this man deserve award...proud of u bro
Chama culture imetembea mpaka USA ,waaah,am proud
Encouraging
This is great report. Good work Chamwada
Thanks Kevin.
This is an interesting idea for many lf us Kenyans abroad. I know there are many Kenyans here in Atlanta, Texas, Washington, Maryland and other smaller communities elsewhere. I'm still trying to link with more in the local area for different similar opportunities.
Great production by Chams Media TV. I recently discovered your youtube vlogs and they are great. Is real estate the only thing Kenyans can invest in? Can't we think about establishing technology companies, value addition to agricultural produce, incubating new ideas, and such like stuff?
Other East African nations need to learn from this, They should stop thinkin of diasporas as a threat to their regime.
9:55 LEMIT MONEY..... SHOTS FIRED💥💥
I am happy that as Kenyans, you have come together as a group. On the other hand I am not impressed with the individualistic mentality of many Kenyans living abroad. I don't know who is going to occupy these houses while you are abroad? How about if you people could find projects that can empower and inspire the youths, so as to make this country a better place in the coming future. All I am saying is, Bring the Brain Gain back home here in Kenya. Show us what you are doing for humanity instead of buying homes.
This is an investment done by all SACCOS (banks included) to generate funds for running the SACCO and benefit the members as well. Bringing the brain back home or investing all have the desired effect of growing the economy.
Good Job, Alex!
Many thanks and keep watching our content. Have you subscribed to this channel?
@Chamwada. In Qatar we have the KQDSacco (Kenya Qatar Diaspora Sacco) that represents all the workers living and working in the Gulf countries...
Great!
am in Qatar i didnt knw such things exist hear
@@fatumasaed3598whatsapp me for details 30907053
We are aware of the KQDSacco, I know the chair, Mr. Habakuk
Where are their offices in Kenya?
Or better still their pages handles for more info?
What you share Chamwada is so good for use... Learning alot indeed... I love this housing.. I head 4million for a home woow...
good idea,try to invest in uplifting the rural kenyan,like in Kangundo where these building stones come from one could invest in cutting machines,that would create jobs and diversity to granites decos,tables....
Its good to build houses, and buy them. but why not thinking about investing in job creation? Like invest in banking and Manufacturing industries to create jobs.
Why do that when the Indians and now the Chinese are doing it...plus Kenya has weak laws ...you might end up loosing your investment
This is where we are going. Watch this space.
manufacturing is a miss.......
What's truly upsetting is lack of jobs for youths,lack of care for aged,And children AND disabled wamepora pesa yote ,buying planes, even homes in other countries CORRUPTION.....
If the houses for some reason lack tenants, they will be a huge liability.. and a waste of time
Congratulations, I am in kiama but we had few teething problems. We have bought land which I couldn’t have afford if I was buying individually.
Thanks
Karibu.
Chamwada, it will be a good idea to leave contact details in the description, links etc
Nicee... Alex endelea hivi hivi
Sadly, we widely lack balanced govt representation in my beloved country. It is bad! By the look of things here, one might think that it is a regional affair. I stand to be corrected and educated on this one. I love my country regardless.
Good to be patriotic
Hi, please chamwada could you please start a company that will be authenticizing other companies and businesses. In USA, we have trustpilot. It’s so frustrating to deal with fellow Kenyans because most of them are scammers. This is a great business and am sure will you help a lot of people.
Wish.uh well
@Goodluch Machangu, and where is this place (Tzd?)
Is this fadhili homes project ongoing? I've checked their Facebook page and it's been silent since late 2019. You'd think if they are planning to build 600 homes we'd see updates as the phases are completed.
I thought they'd build better looking houses given their exposure. Bigger windows , spaces etc.Ama I'm being cynical?
😁 😁 Bigger windows in kenya 🤔how about security,don't be ignorant
Small windows will not protect you, they will come in through the walls. False security , just ugly.
He he Security ,What is wrong with our Country Nothing Work,sio maji,sio shule,sio hospitali,yet we get taxed !!!!!
njeri cohen Cohen be positive utaendelea
Uko na yako??...
Yet don't have ministry can't even vote or processes the new generation passport via embassy
✊🏿🇰🇪
Someone needs to invest in trash collection...
Kkkkkkkkkkik,,,,,funny but ni ukweli
That someone is you!
Can we team up I have some ideas.
@@faithkyalo5622 send me your contacts ...
Been done, it's controlled by cartels and corrupt city officials.
Do you have to be living in USA to become a member?
What if you don’t want a loan? All they’re advertising is loans but what if someone owns properties or land and wants to sell?
I would like to see diaspora to invest in mining and infrastructure.
Not throwing shade at this sacco or anything, but joining it would pretty much be like opening a diaspora bank account at the regular banks in Kenya. I can save money at a bank in kenya, and could also get a mortgage/construction/refinance loan from the Kenyan bank so I'm yet to see a benefit to banking my money at this sacco - same benefits either way. Except that this sacco is a somewhat new venture that i'd be trusting my heard earned dollars to ...and the risks that go along with that.
The cost of credit is significantly lower.
Of those real estate agencies, does anybody which one to trust? I've seen some grandiose investments stall and money invested go down the drain. Please guide if you've info
Our partners have done solid business with us. We trust them.
Please (say):
"Invest in the [very]_YOUTH": As they, are: a large -part, of the future!!!!
I'm in UK, how do I join this program?
Diaspora Kenyans get conned. They are sold plots of land at 10 times their true price. I really pity those Kenyans
@SKG SLICER I try to warn them on FB that the property they are buying are over valued but they don't listen. Just go to optiven website and see how over valued those plots are
Now it has changed coz Kenyan banks have come up with a product called " diaspora account". They can invest for you, build for u and send u your statements abroad.
The diaspora accounts are also not easy to run from diaspora. I have one with equity and they keep deactivating my account if there are no transactions after 6 months. Deposits apparently donot count as transactions! I went home reactivated the account which took 2 days and on coming back 6 months later, it was deactivated again. I could not even get them to set me up for online banking. Are there other banks with an easier to run account while out of the country?
@@wanjiru2556 yes diaspora co-operative bank
Wish i will own a factory or something different in future.....the so called real estate,mpesa and so many businesses kenyans copy from each other is flooded.....i hate a flooded field....wish i will have the ideas and be unique
Start where you are and continue to grow it every year. Eventually you will have that factory.
As far as i agree that 'real estate' never disappoints, i believe the real deal is 'industry', something that employs 100+ people something i can wake up every morning and see gradually grow, conduct research that is how we get the economy growing..
Hi do you have one here in Canada 🇨🇦 l would like to join.
“Konza city is coming up” hot air! I’ve heard this line for the last 10years. So far, nothing! Hii konza ni mirage. Everyone is building! Are there no other investment avenues?
Konza city is a white elephant
that will never see the light of day northlands ya UK hijack the vision tano tena mlipiga kura
How can i get in this sacco?
#ChamsMedia wish you can help us reach Cs munya ......Kenya Qatar diaspora sacco varnished with our savings
Good work...how can someone join in that Sacco?.
Send us an email to info@kenyadiasporasacco.com. A representative will walk you through the process.
By the way I'm in Turkey... Is it going to help me here.
How does one join this Sacco
This is nice but would be worth something if they were invested in things that would fuel the economy i.e. private industrial manufacturing park for African-made products, where everyone who invests owns one product division. As you export the products, you earn monthly; as people send you raw goods to refine or manufacture you also earn monthly - it's a win win.
This is our next platform...we are organizing ourselves for this.
anyone seen wambora Embu governor ??
smart cyber haha ako wapi..am.in Embu haonekani
@@anthonykuriam7785 ako kwa hii clip
Yes, he attended the Kenya USA Diaspora Sacco AGM
I send home 1.5 every month, most of those money are sent by somalis , I have other Kenyas friends they don’t send money to their families instead they enjoy alone after they get older they go home and buy land and build house there
One thing I know about Somalis is that they share with their people, but is it such a bad thing if a person who works hard to go home and build a house?
I hope your money is being invested well to benefit you and your family in the future.
It depends with the family, I know a friend who sent money to HER MOTHER ili anunue plot "watoke shauri yako " Going home after 10yrs bado her mother was hapo shauri yako tu, pesa alikula na waheshimiwa during campaign.
Kungfu Panda I’m ok , how did you know I’m not?
are you saying 1500 or 15000!!!!!!!!!!
Haha i why welcome politicians in your conference hawa hufurajia kuona wa kenya wakiwa maskini ndoo wawatumia
All the best to those investing. As for me wacha ni invest in the US mahali niko. The corruption back home by the so-called leaders is crazy. I hope the real estate investment holds its value and the economy does well so that all this is not in vain.
Be positive east or west home is best kenya my motherland🇰🇪
@@monnydaniel476 you can be real and patriotic. Its facts that corruption is affecting everything in Kenya and real estate prices are way too high for the economy.
Una invest kwa nchi ya mzungu? 🙄.. Ufala. Wewe ni kama tu nyani kwa mzungu. They will never accept you.
@@historiayetu1665 if you live for people's affection you will die of their rejection. That's true whether you live in Kenya, Europe or US. I don't need to be accepted by anyone but I would rather invest where I can get a mortgage at 2-4% and earn enough money to actually be able to pay it. Watu huteta sijui wazungu Nini lakini huko nyumbani watu wanapigana Vita tu za ukabila. Nowhere is better than the other. That's the reality of the world
@@diyside There is a lot of truth in what you say my fren! I especially like when you say that you will die of rejection if you live for acceptance! So, so true! I have lived in the US for most of my adult life and for many years I never thought I would go back permanently to Kenya for some of the reasons you mention. I am now 4 years from retirement and my opinion has changed drastically over the last 10 years or so. I agree with you that people need to get over the "sijui wazungu nini" craziness!! I have had the opportunity to live in Europe and Latin America too and I can tell you that there is no race or ethnic group that has a monopoly on stupidity, cruelty or corruption. These are human problems that manifest in different ways wherever you go around the world. People need to stop investing their emotions so much in the past and put their efforts more into the present opportunities and the future possibilities. This for Black people in particular no matter where they are on the globe! I would, however, encourage you not to be so quick to write off Kenya. There is a saying in my community which says, "No man cuts himself so badly as when he cuts his father". I have learned by living abroad, (and just in time too!) that there is really no place like home. There comes a time when one is abroad, when one deeply longs to reconnect with the place of one's birth. Even after generations. Notice how African Americans so deeply long to make some small connection with the "Motherland", even after generations of having lived here. I urge you not to give up so quickly what is your birthright. Kenya has her problems for sure, but she is my Mother and I will only ever have one mother! I have worked in healthcare here in the US for many years and have witnessed old people dying in nursing homes with few friends or family to hold their hands in their final hours. I resolved that for me there would be no more tragic end than to die in a nursing home so far away from the land of my birth. As you grow older, you will begin to feel that tug on your heartstrings that is your Mother calling you home! I hope so for you! The US does offer opportunities that are hard to come by in Kenya. Take those opportunities and begin to build yourself a system in Kenya where you can come to reconnect from time to time! Don't give up on Her yet!
Im in diaspora, but not in US..
How can i join the sacco?
Dennis, send us an email at info@kenyadiasporasacco.com. We will help you become a part of us.
It seems the U.S. is the gold standard for discussing everything to do with the diaspora. Just the idea that "dollars" are sent back to Kenya automatically locks some of us out
When are they coming to the DMV
We were in Baltimore about 2 years ago..
A good idea yield to the best results.
What'r the interest rate
Same as all sacco's in Kenya
Hope we can do that collectively in Germany. Maybe we will, up to now we don't have investments groups, we only have funerals groups to send our citizens back home in case of deaths, which is helpful too but I wish one day we will have a sacco.
Thanks for the observation, we are willing to cover Germany too
Caro Wanjiku hapo umeongea,,,I think it is trust issue and lack of education..knowledge
@@ChamsMediaTV how can we start?. Advice please
@@louisagachie4384 very true trust is the issue, but I think we can find @least Faithful people because we have merry go rounds among us which have stood the test of time.
Caro Wanjiku .. I live in bern. And we have no such groups here.. where r u in Germany..
We all foreigners here everybody s dream s a good life. Whether ur a kenyan or a somali..we diasporas hatuna siasa duni hapa ni kujiendeleza we gt no time 4 that shiit..
Well said. Thank you.
Mavi hii,yani unaongea n kama ni kupenda kwa watu,maisha ndo imetuchapa mtu wangu,,,unaringa coz ulienda kwa developed conuntry ya wenyewe na labda hata ulichangiwa na watu unadharau
@@eastafricanforever3457 buda sina maringo hata kidogo ila jama kanitenga naelewa maisha ni ngumu iwe abroad or home...
Rashada updy asalam aleykum where can i get your contacts there is agood deal
@rashada updy
Diaspora loves their homeland but their homeland will not let them even Vote. We are also overcharged when we go to the Game Reserves.
I am Ugandan and i think we are playing jokes Kenyans are serious
Almost 70%of those remedies come specifically from somali Kenyans/family ...i worked for dahabshiil since 2014
So????......,who asked you?
Diana Oeri just saying...
Kungfu Panda Somalia has been with no proper government system for the past two decade hence no bilateral trade.The country has survived mostly kupitia hizo remittance
Kungfu Panda kenya pia kuna huge somali region...so kenya ni wasomali pia wacha ujinga
Interesting...
The devil is in the details. What is the interest rate?
it should be a better rate compared to the banks
Sacco's charge the same interest rates .
John Were: most Sacco’s charge 1%per month. That translates to 12%. You do the math.
Can I join the Sacco from Cayman islands... A Kenyan?
Interested in the answer too. I am in UK
talk to Monica she was working in the diaspora then she now works with the two saccos in kenya the head office monicamirigo254@gmail.com she is a good lady she will assist you. All the best in your entrepreneur journey.
Please write to the Sacco through info@kenyadiasporasacco.com
Actually,Kenya Diaspora Sacco has committed members in Cayman Islands
Somalis sent 2 billion dollars home
Nigeria remittance is $25 billion yearly for the past 10 years. This is the reason why Nigerian Government doesn’t joke with its diaspora because of the huge economic contributions to the Country..
Investing in Kenya is risky ..
many cant invest in the country they're working in.
Hahaha,,,,,
3m kenyans living abroad, and why you called somalis a refugees since we are a 2m you learned the advantages of experience !!!
Ibrahim Hassan
What do you mean?
@@tanumzalendo1567 I mean I didn't expect kenyans living abroad are 3m! !
@@ibrahimhassan8239 my dear the world is mixed up. How many Somali nationals live in Saudia?
@@wambui4590 alot but somalis was there early 70s, anyway is not bad Africa's to go and lean the experiences. ...
@@ibrahimhassan8239 true. People should live with multi cultural perspective
Japan tumelala hakii
At the height of Moi’s tyranny when every cent was being stolen by he and his hyenas, we kept the economy going with our remittances.
Keep showing off it will put you in trouble.
Poverty is a disease . It makes you sound stupid.
You are so stupid. Moron.
Am so skeptical about these kenyan sacco that promises heaven. Am not saying all of them are fake but most are.
😂😂😂😂 HELB haitawai tuachana
Mpona siwaelewi wengine hapa muna chuki sana...dont 4got all somalis are nt frm somalia...
Sio mpona ni mbona
C chuki,wanajiringa sana hata wakati hawajaulizwa,kumbuja Wahindi pia wamecontribute kwa Kenyan economy but hawapigangi kelele ka wasomali mgn!;
@@susanapollo284 ok teacher...endelea na masomo...
@@eastafricanforever3457maringo sio ya mwanadamu kamwe ukiringa mwishowe atakuja chini...
True bro.
I am in this show trying to collect information hoping one day I shall hustle abroad to death
Can somalis in abroad who are frm kenyan bt as somalis can participate?...
Many Somalis abroad went as refugees how can they be Kenyans?
You must be kenyan born not alshabab or isil
@@yerfillinois8254 lol🤣🤣🤣🤣
@@julielilote3496 what of those who are Kenyans but somalis
Since you are born Kenya you can join
Hi alex can i gt ur email so i share with something please?
Please write to us via info@chamsmedia.com
Rashada Updy don't send any dick pics.
You send billions? Why not invest abroad where you get the money? You make abroad poor.
😳
90% are somali people. Morthan 20 years i have sent 500k doller.
Sent 500k dollar? To Kenya or Somalia?
@@gashafashi08 to kenya but iam Somali.
Na c utumie Al shaabab na huko Somalia badala munashindaga mkituimbia vile Wasomali ndii hoo Mara hee mara hii,kwani Kenya pia tuna Wahindi na hawasgindagi wakitupigia kelele,ala!!
@@eastafricanforever3457 come down buda... wacha watu na pesa zao we shuhudia watu wakiishi maishi mazuri...
@@eastafricanforever3457 siku hizi al shabab hawana kabila wala deni.kikiyus,kamabas, awe frm nyeri or any part of the country..si ajabu unatafuta chance.kkkk meza wembee