Tree · Marshalltown, Johannesburg, Gauteng, South Africa
National Stokvel Association of South Africa (NASASA)
Self-regulatory body protecting and strengthening South Africa's community savings clubs.
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Since 1988Works nationallyHighveld
- stokvels
- rotating savings
- ROSCA
- burial societies
- co-operative
- community finance
NASASA supports stokvels · rotating savings and burial clubs where members pool money and draw from it in turn for school fees, funerals, weddings or property. Established in 1988, it registers stokvels, advocates for them with banks and regulators, and runs a member-owned financial primary co-operative. Its founder says more than 11 million South Africans belong to stokvels.