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Sanlam Leruo Stokvel ProgrammeFAQs

Welcome to the Sanlam Leruo Enterprise Development Programme, where we empower stokvels to unlock their financial potential and thrive in today’s economy. Whether you’re looking to solidify your stokvel’s foundation, enhance financial knowledge, or expand your investment opportunities, this programme is tailored to elevate your stokvel to new heights. Dive into our FAQ section below to learn more about how you can transform your stokvel through structured support, expert guidance, and a community of like-minded groups focused on achieving sustainable growth.

What is a Development Programme?

The Sanlam Leruo Enterprise Development Programme seeks to provide members of stokvels with the tools, knowledge, and resources to enable the stokvel to scale and realise its full savings and investment potential.

What kind of support does the programme offer?

The following support will be provided during the programme, based on the maturity level and development needs of the Stokvel:

  • Review founding document or constitution.
  • review stokvel governance structures.
  • develop stokvel brand and marketing persona.
  • understand and select well suited savings and investment solutions.
  • Training and mentorship to deepen the investment and savings knowledge.
  • Grant funding to be injected into chosen investment.

The Programme is open to Stokvels who meet the following criteria:

  • Operational for 1 year minimum
  • Gauteng Province based.
  • Demonstrate collection of recurring monthly contributions.
  • Demonstrate existence of separate stokvel bank account;
  • Stokvel has a constitution in place
  • Require Business Development Support to grow their stokvel.

What documents are needed for application?

  • Stokvel Bank account confirmation.
  • Proof of monthly collections.
  • Stokvel Profiles
  • ID Copies
  • Stokvel constitution

Is it only for Stokvels?

Yes, specifically ones that have been active for at least one year

The Process is as follows:

  • Apply online
  • Upload required supporting documents
  • Shortlisted applicants will be invited to present to a panel.
  • Successful applicants to complete assessments.
  • Onboarding session for all successful applicants
  • Diagnostics assessment for selected applicants.
  • Individualised Growth Plans
  • Stokvel Development Process

How long is the recruitment open for?

Applications open 19 April and will close 3 May 17h00

How will I know if my stokvel is selected?

All applicants will be notified of the progress of their applications.

How can I make contact

All enquiries can be sent to:

Info@zevoligp.com The title of your email should state “Stokvel Programme Application The title of your email should state “Stokvel Programme Application.

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