How it works
Four steps. No treasurer needed.
A Stockvel in The Stockvel App works like the stockvels you know — with the app keeping the record, and nobody holding the cash.
1
Create or join a Stockvel
Start your own with 3 to 20 people you trust and invite them by WhatsApp, SMS or a QR code. Or open Discover, find a public Stockvel near you, and ask to join. Its admins approve you.
2
Agree your monthly amount
Everyone agrees the same rules: how much each member pays every month, which day it is due, and when the Stockvel pays out. Every member accepts these rules before they join.
3
Add money any time, from R10
Pay your monthly amount in three taps: Add money, check, enter your PIN. Got spare change? Top up with as little as R10, whenever you like. It all counts.
4
Get paid out together
On payout day, everyone gets back exactly what they put in. Before any money moves, each member sees their own breakdown.
Three kinds of Stockvel
Pick the one that fits your group.
Savings PotEveryone saves every month. On the payout date, everyone is paid out together — each person gets back what they put in.
GoalSave together until the group reaches a target amount, like R12 000 for December. It pays out when you hit the goal, or on the latest date you chose.
Rotating Coming soonEach month, one member receives the whole pot, in turn, until everyone has had theirs.
Fair Share
What you put in is what you get out.
If someone pays less, they get back less — nobody else loses. Pay more, and you get more back. That's the one law of every Stockvel.
| Member | Pays a month | Fair Share | Gets back |
|---|---|---|---|
| Member 1 | R1 000 | 40% | R12 000 |
| Member 2 | R1 000 | 40% | R12 000 |
| Member 3 | R500 | 20% | R6 000 |
| Pot after 12 months | R30 000 | ||