Stokvels: an opportunity for development at family, community and national level or not?
This information is based on https://personal.nedbank.co.za/learn/blog/stokvel-options.html. In many South African communities, stokvels are more than just savings clubs. They allow people to achieve financial and resource freedom while pursuing goals that would be difficult to reach alone. Friends, family, and neighbours contribute money to a shared fund, creating systems of mutual support that strengthen social…