by adminbot | Mar 29, 2018 | News
All kinds of colours, cultures and creatives surface at Sikis Coffee Café in Khayelitsha. Models stroll in to meet with their photographers, comedians converse over a cuppa about their next performance while white faces pop up occasionally like white spots on a...
by adminbot | Nov 21, 2016 | Saving
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.
by adminbot | Nov 21, 2016 | Saving
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...
by adminbot | Nov 21, 2016 | Saving
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....
by adminbot | Nov 21, 2016 | Saving
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...