STOKVEL

Mem­bers of Skeem Saam say they are mak­ing a dif­fer­ence in each other’s lives

Move! - - CONTENTS - By Vin­cent Phahlane

WHAT IS YOUR PUR­POSE?

We are young women who help each other to build our houses. We grew up as friends and all we wanted was just to help one an­other. We want our fam­i­lies to have warm and wel­com­ing homes. HOW DO YOU OP­ER­ATE? We started our stokvel in 2008 and our monthly con­tri­bu­tion is R1 200 each. We ro­tate in giv­ing the money to each mem­ber. When a mem­ber hosts us, we have a gath­er­ing where the mem­ber caters for us but some­times we go out. We don’t have a sav­ings ac­count be­cause each one of us wants their con­trib­uted money to them­selves. Each mem­ber then de­cides to save it or use to­wards their houses.

WHAT HAVE YOU ACHIEVED?

Most of us have fin­ished build­ing our houses. We re­ally have beau­ti­ful homes. This gives us con­fi­dence that even when we have passed on, we will leave our chil­dren with beau­ti­ful homes.

WHAT ARE YOUR FU­TURE PLANS?

We just want to con­tinue with help­ing each other. We want to start giv­ing back to our com­mu­ni­ties as well. We are also planning on hav­ing a sav­ings ac­count for our chil­dren’s ed­u­ca­tion.

NAME: Skeem Saam MEM­BERS: 12 CON­TRI­BU­TION: R1 200 LO­CA­TION: Venda FORMED: 2008 MEET­INGS: Ev­ery sec­ond Satur­day of the month

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