As black professionals and businesswomen, we realised the value of stokvels to change our economic futures.
This initiative is open to everyone who aspires to have financial freedom and create wealth through property.
Your stokvel payout is the result of many months of responsible saving on your behalf – use (or save) your hard-earned cash wisely, and pave the way to a more financially secure future.
Having a bank account brings great advantages to stokvels that want to invest in longer term investment options.
Stokvels have evolved over the years. Apart from becoming more common, they have also branched out to attract new target audiences.
Based on how much has been contributed to the stokvel, members will receive information about an exclusive selection of holidays cherry-picked for them.
“It’s not the investment club that makes people successful. It’s the people that make the investment club successful.”
The focus of this bank will be to fund small to medium-sized, black-owned enterprises – a unique angle and much-needed driver for economic growth and empowerment in our country.
If your stokvel group is in the habit of lending money to members, make sure you have these elements in place to help protect against loss through non-payment.
It is that time of the year again when stokvels start preparing to buy their end-of-year groceries in bulk. We give you tips on how to make the planning process easier to make your shopping trip stress-free.
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