The stokvel sector : opportunities and challenges / Stephanie Townsend & Thabo Mosala.

Format:

Book

Author/Creator:

Townsend, Stephanie, author.

Mosala, Thabo, author.

Series:

SAGE knowledge. Cases.

SAGE Knowledge. Cases.

SAGE knowledge. Cases

Language:

English

Subjects (All):

Rotating credit associations--South Africa--Case studies.

Rotating credit associations.

South Africa.

Genre:

Case studies.

Physical Description:

1 online resource : illustrations (black and white, and colour).

Place of Publication:

[London] : SAGE, 2016.

System Details:

text file

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, T. (2009). The stokvel sector: Opportunities and challenges. WBS-2009-5. Johannesburg: The Case Centre, Wits Business School.

No ILL or scholarly sharing allowed.

Description based on online resource; title from home page (viewed on May 5, 2016).

ISBN:

9781473958395

OCLC:

1017722552

Access Restriction:

Restricted for use by site license.