"Stokvels schemes in support of entrepreneurship in South Africa" explore l'importance des stokvels dans le soutien à l'entrepreneuriat africain, en particulier pour les femmes. Malgré l'accès aux institutions financières formelles, les stokvels demeurent essentiels, générant des millions de rands et s'intégrant dans le cadre réglementaire de la SARB depuis 1994.
Exploring the resilience of stokvels in South Africa, this book highlights their role as vital financial institutions in Black communities, contrary to expectations of their decline with increased access to formal banking. Stokvels, which facilitate significant informal fund exchanges, are particularly influential among women, providing essential financial support for entrepreneurship and survival. Over time, they have evolved into diverse savings and credit organizations, earning recognition from the South African Reserve Bank as key players in the informal financial sector.
The Stokvels as an informal way to finance black entrepreneurship in South Africa
The book explores the economic solidarity among African communities in South Africa, particularly through the practice of rotating savings and credit associations (ROSCAs), known locally as stokvels. Originating from the constraints of apartheid, these groups allow members to pool resources, but their preference for large retail outlets over Township Retail Stores (TRSs) highlights a lack of trust in local businesses. The narrative reveals the ongoing challenges faced by TRSs in meeting community needs and the limited benefits they receive from these savings schemes.
Das Buch "Stokvels-Programme zur Förderung des Unternehmertums in Südafrika" beleuchtet die Rolle von Stokvels als wichtige Institutionen im informellen Finanzsektor. Die Autoren zeigen, dass Stokvels weiterhin florieren und vor allem von Frauen genutzt werden, um finanzielle Mittel für Kleinunternehmer zu generieren.