We are a stokvel group.We contribute money which we save in a pool account for best profits. Members get a free family funeral cover.
You become a member by contributing any amount from R100-00 to a maximum of R10,000-00. The period of the funds to be left in saving/investment pool is not less than 12 months. You can, however, contribute to your savings as many times as you want.By contributing a lumpsum of R500-00 and above, you are immediately eligible to a free funeral cover for your family or a family of your choice (terms and conditions apply) which has a benefit of R10,000-00. Your main members of the funeral policy must be no more than 85 years old at their next birthday.The R500-00 or more contribution also gives you a benefit of a recurring payout on all the members that you introduce to the stokvel, who get to be members and also contribute R500-00 or more.
Saintarea Stokvel is a social club created to have friends helping friends. The stokvel is governed by the constitution of the group.
Saintarea Stokvel is registered with Nasasa which is a self-regulatory organization authorised by the South African Reserve Bank in terms of Government Notice 404 in gazette 35368 25 May 2012.
Saintarea is provisionally registered under reference : CRM:0005481.
