How Stokvels impact people’s lives in South Africa
Saving money through Stokvels has been extremely popular in South Africa. People have widely adopted this traditional way of saving money for personal and business purposes. It is estimated that...
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How Stokvels in South Africa operate? A comprehensive study by Wakandi
Stokvels in South Africa play a critical role when it comes to offering financial services to millions of unbanked people. It is estimated that there are more than 8,20,000 Stokvels in South Africa...
Bringing technology to Stokvels in South Africa with CAMS
Stokvels hold massive financial resources for the people in South Africa. Millions of people every year save money in Stokvels and avail loans for business and personal purposes. It is estimated that...
Wakandi Group and YellowDot Africa partnered to boost financial innovation in South Africa
Wakandi Group has joined forces with YellowDot Africa to deliver its innovative financial inclusion system for informal financial groups (IFGs), popularly known as stokvels in South Africa. In...