Stokvels are a big part of how South Africans save, invest and make sure there’s money for December groceries, school fees or that annual getaway. But when you’re putting your hard-earned money into a group with family, friends, neighbours or colleagues, you’re also putting a lot of trust in people.

So, what stokvel are you part of, and how does yours work? Is it a grocery stokvel, a savings club, an investment group or one where everyone contributes towards a big December payout? And more importantly, has it ever gone wrong?

Maybe the treasurer disappeared with the money, someone stopped contributing but still expected their payout, a member died before their turn came around, or the group fell apart over how the money was spent. Perhaps someone borrowed from the stokvel and never paid it back and now the whole group is paying the price.

Have you ever had a stokvel experience that went horribly wrong? How did you handle it, and did the money or the friendships ever recover?

Hang out with Anele and The Club on 947 every weekday morning. Popular radio hosts Anele Mdoda, Frankie du Toit, Thembekile Mrototo, and Cindy Poluta take fun to the next level with the biggest guests, hottest conversations, feel-good vibes, and the best music to get you going! Kick-start your day with the most enjoyable way to wake up in Joburg.

Connect with Anele and The Club on 947 via WhatsApp at 084 000 0947 or call the studio on 011 88 38 947

Thank you for listening to the Anele and the Club podcast.

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Stokvels are a big part of how South Africans save, invest and make sure there&rsquo;s money for December groceries, school fees or that annual getaway. But when you&rsquo;re putting your hard-earned money into a group with family, friends, neighbours or colleagues, you&rsquo;re also putting a lot of trust in people.
So, what stokvel are you part of, and how does yours work? Is it a grocery stokvel, a savings club, an investment group or one where everyone contributes towards a big December payout? And more importantly, has it ever gone wrong?
Maybe the treasurer disappeared with the money, someone stopped contributing but still expected their payout, a member died before their turn came around, or the group fell apart over how the money was spent. Perhaps someone borrowed from the stokvel and never paid it back and now the whole group is paying the price.
Have you ever had a stokvel experience that went horribly wrong? How did you handle it, and did the money or the friendships ever recover?
Hang out with Anele and The Club on 947 every weekday morning. Popular radio hosts Anele Mdoda, Frankie du Toit, Thembekile Mrototo, and Cindy Poluta take fun to the next level with the biggest guests, hottest conversations, feel-good vibes, and the best music to get you going! Kick-start your day with the most enjoyable way to wake up in Joburg.
Connect with Anele and The Club on 947 via WhatsApp at 084 000 0947 or call the studio on 011 88 38 947 Thank you for listening to the Anele and the Club&nbsp;podcast. Listen live on Primedia+ weekdays from 06:00 to 09:00 to Anele and the Club broadcast on 947 <a href="https://buff.ly/y34dh8Y">https://buff.ly/y34dh8Y</a>
For more from the show go to <a href="https://buff.ly/gyWKIkl">https://buff.ly/gyWKIkl</a> or find all the catch-up podcasts here <a href="https://buff.ly/K59GRzu">https://buff.ly/K59GRzu</a>
Subscribe to the 947s Weekly Newsletter <a href="https://buff.ly/hf9IuR9">https://buff.ly/hf9IuR9 </a>
Follow us on social media: 947 on Facebook: <a href="https://www.facebook.com/947Joburg/">https://www.facebook.com/947Joburg/</a>
947 on TikTok: <a href="https://www.tiktok.com/@947joburg">https://www.tiktok.com/@947joburg </a>947 on Instagram: <a href="https://www.instagram.com/947joburg">https://www.instagram.com/947joburg </a>947 on X: <a href="http://www.x.com/947">www.x.com/947</a> 947 on YouTube: <a href="https://www.youtube.com/@947Joburg">https://www.youtube.com/@947Joburg</a>

Experience Joburg's most fun breakfast show. Listen to Anele and the Club on 947 every Monday to Friday from 06:00 to 09:00 on 947 FM or streaming online on 947.co.za.

Experience Joburg's most fun breakfast show. Listen to Anele and the Club on 947 every Monday to Friday from 06:00 to 09:00 on 947 FM or streaming online on 947.co.za.

Anele and the Club on 947

What stokvel are you apart of and how did it go?

https://api.omny.fm/orgs/5dcefa8e-00a9-4595-8ce1-a4ab0080f142/clips/c5bc6e6e-eec6-47da-b492-b4e4007949b0/transcript