Quick Hot Tips

• Stokvel Tip: Some wealthy stokvels are known to donate a percentage of each contribution to an agreed-upon charity to put money back into the local community.

• Stokvel Tip: Some stokvels offer various options for catching up on missed contributions which are suited for the group’s members.

• Stokvel Tip: Stokvels can be a huge relief during months when money is tight, especially in January after the festive season.