Stokvel Constitution Template PDF
“Stokvel” means a Co-operative where members contribute a fixed sum of money to a collective banking account on a weekly, fortnightly or ... The constitution of the Co-operative may be amended by special resolution only. LIQUIDATION 57.
Both Absa and Standard Bank offered a stokvel constitution for their account holders to use free of charge. Some formal financial services had met with mixed success in the stokvel market. When Standard
STOKVEL FINANCIAL SERVICES CO-OPERATIVE LIMITED. (b) The abbreviated name is ... applicable) 2. FORM OF CO-OPERATIVE . This is the constitution of a business undertaking formed as a Primary Financial Services Co-operative with limited liability in terms of the ...
5 Sample Stokvel/Investor Club Constitution The name of the Stokvel is..... Aims and Objectives • To promote personal and group development and friendship among members.
Sedimonthole Stokvel Contract This is a contract that the investor signs in order to be accepted to the Stokvel. The investor must read the investment bearer’s acknowledgement of debt where the money will be deposited every month.
3.2.2 The stokvel as the predecessor of the co-operative ... Constitution) and the aim of creating unity among South Africans, it is imperative for government to look for broad-based ownership groupings in (BEE) empowerment deals.7 These could include employee-
Under the Spanish Constitution, the government is obliged to promote co-operatives. The lead department for co-operative development in the Spanish government ... The stokvel movement emerged as an attempt by black people to create co-operatives,
called the stokvel. ... Most traditional burial societies start by drafting a constitution stating how the organisation will operate, how much each member will contribute monthly and what the joining fees are. In most cases, commercial burial
Constitution of the Republic of South Africa, Act 200 of 1993 ("Interim Constitution "); or 1.4.15 ... syndicate, "stokvel" or other association of persons or entities, and that person's legal representatives and successors;