Quick Hot Tips
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Stokvel Tip: Stokvels give members a sense of collective well-being and understanding of what a group can accomplish, creating social goodwill in communities.
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Stokvel Tip: Some stokvels offer the option to borrow from the group account, with a varying interest rate. This depends on the amount needed and for how long.
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Stokvel Tip: The average contribution each month for a burial stokvel is R210. Investment stokvels are much higher, with amounts ranging between R300 and R500.