Mixed

Mixed

A lot of people are members to numerous stokvels. However the benefits and structures of certain stokvels overlap. This leads to some stokvels being a combination of the above stokvels.
Party

Party

Partying stokvels are formed by members who want to entertain their community at some point in the year. These groups will organise street parties that are open to the public, and would charge an entrance fee as well as sell food and drinks. Profits received from the...
Business

Business

Business Stokvels can also be known as Business Associations. These Stokvels generally consist of business owners operating in the same industry.. Similar to traditional Stokvels, members are required to make a fixed contribution to the stokvel throughout the year....
Lending

Lending

Borrowing Stokvels are formed in order to pool money together which then becomes available to members/sub-members of the stokvel to borrow. Fixed payments are required by members of the stokvels and anyone who borrows money from the stokvel is charged a high interest...
Invest

Invest

Investment Stokvels give allow members to pool money together and minimise risks assosciated with investment. At the same time, they can increase returns and generate an income from these returns. Investment Stokvels generally operate by taking a once off lump sum...