Quick Hot Tips

• Stokvel Tip: Start a stokvel with a group of friends, relatives and other people you are close to and trust. Social capital is an important resource.

• Stokvel Tip: Before joining a stokvel, know upfront what is expected of you as a member and your contribution amount.

• Stokvel Tip: There are several different types of stokvels. The traditional one collects and pays out the lump sum to one member on a rotational basis.