| Description |
1 online resource : illustrations (black and white, and colour) |
| Series |
SAGE knowledge. Cases |
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SAGE knowledge. Cases
|
| Summary |
By 2009, stokvels (community-based savings clubs) were playing a substantial role in the South African economy. A 2003 study entitled 'Stokvels: Making Social Cents', conducted by the University of Cape Town (UCT) Unilever Institute of Strategic Marketing, found that black adults in South Africa invested approximately R12 billion a year in stokvels, burial societies, mogodisanos and saving blocks. The UCT study revealed that, at the time, 2.5 million South African adults (that is 9% of the adult population of the country) - and one in every two black adults - belonged to a stokvel (burial societies excluded). One year earlier, a 2002 survey conducted by Futurefact had reported that there were 3.5 million stokvel members |
| Notes |
Originally Published in: Townsend, S., & Mosala, tome (2009). The stokvel sector: Opportunities and challenges. WBS-2009-5. Johannesburg: The Case Centre, Wits Business School |
|
Online resource; title from home page (viewed on May 5, 2016) |
| Subject |
Rotating credit associations -- South Africa -- Case studies
|
|
Rotating credit associations
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South Africa
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| Genre/Form |
Case studies
|
| Form |
Electronic book
|
| Author |
Mosala, Thabo, author
|
| ISBN |
9781473958395 |
|
1473958393 |
|
