Table banking differs from Chama, with the main difference being how money is handled. In Chamas, members also make regular financial contributions, but in every group meeting the money is given to a different member-mainly the host of the meeting, and the model keeps rotating member after member until everyone receives the money. Hence the term merry go round- a Chama is basically a group meant to help members save. Table banking groups, on the other hand, don’t give their contributions to any member but use them to form a kitty where members borrow from.