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Where every rand has purpose

The Citizen

|

October 30, 2025

SHARED PROGRESS: PARTNERING WITH STOKVELS TO STRETCH BUDGETS, STRENGTHEN BONDS

- Citizen reporter

Where every rand has purpose

In every corner of our vibrant nation, from bustling city centres to quiet rural villages, a powerful financial and social heartbeat thrums with steady resilience.

It's the sound of neighbours meeting, of contributions being collected, of shared goals being realised.

It is the sound of the stokvel, an institution woven into the very fabric of South African life. It’s a concept at Yarona Cash & Carry understand deeply - because “Yarona” means “Ours”, and nothing embodies the spirit of collective ownership and shared progress more than a stokvel.

At its core, a stokvel is a collective savings group, but to define it so simply is to miss its significance.

imageIt is a system built on the most valuable currency of all: trust.

Born from a history of financial exclusion, the stokvel became a revolutionary tool to build financial security, educate children and provide dignified burials for loved ones.

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