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Stokvel Report: How South Africans save their money

Article of business report, June 2017

Rudzani Mulaudzi, June 2017

Read the complete document on: www.iol.co.za

Summary :

Like many South Africans, I grew up with stokvels. In the village of Nzhelele in Limpopo, my mother was part of a stokvel and I saw how each month she would put money away. But I also saw how the stokvel funds could be doing so much more - and be used to help communities in a much bigger and vital way.