Women play a critical role in stokvels
- 4 years ago
Stokvels are one of the biggest money-saving instruments in many townships in South Africa. It is estimated over 11 million people belong to one. Women play a key role in the hidden economy through stokvels while managing the family budget. Standard Bank's Head of Everyday Banking Main Market Tshiamo Molanda speaks about the critical role women play in the fight against poverty.