Over 100 Members & Growing

Over 100 Members & Growing

Building a Bank for the People, by the People

Our Goal - Building a Bank for the People, by the People

Our Goal at Zwipi Finance is to establish a Mutual Bank, owned by its members and created to uplift individuals and businesses, in our communities.

A Zwipi Savings Stokvel member is not just a saver, they can be a possible future shareholder in a Mutual Bank that they can own a part of and benefit from directly.

To join this movement, follow the 3 Step Process below

Step 1

Complete the Membership Application Form. (POPIA ACT)

Step 2

Read & sign the Stokvel Agreement and Constitution and upload your FICA Documents, Copy of ID and Proof of residence or email to info@zwipifinance.co.za

Step 3

The first month's contribution is a R350 joining fee, plus your savings contribution of R150 or R250 or R350 based on your membership choice. (The joining fee can be paid upfront or over 3 months)

IMPORTANT NOTICE

The Zwipi Savings Stokvel is a community savings scheme with the goal to raise enough capital so we can apply for a mutual banking license at the South African Reserve Bank. It is not an investment in a bank.

Important Notice.
The Zwipi Savings Stokvel and Zwipi Financial Services (Pty) Ltd t/a Zwipi Finance are managed and operated separately, with complete transparency and monthly reporting of the Stokvel to its Members. They only share the brand name.

No Funds flow between the two entities and no transactions occur between the two entities. The Zwipi Savings Stokvel is our Community Savings Initiative and has its own Stokvel Bank Account that is managed independently by the elected Stokvel Executive Members in accordance with the Stokvel Constitution.

FAQ

Frequently Asked Questions

Zwipi Stokvel Member Application Form

The Savings Stokvel includes a R10 000 funeral policy.