You make your living selling goods or services as a street vendor.
You need access to credit to make your business more sustainable.
You are in a stokvel with others just like you.
Sign up if you’d like us to meet your group
How Spoon Money works
1. JOIN SPOON MONEY STOKVEL
- A group of at least 5 female street vendors applies to join the Spoon Money Stokvel
- Spoon assesses the group for suitability and the local Community Hub provides further vetting
- If accepted, the group starts saving with Spoon
- The group can make an application for credit to boost their business
- The local Community Hub is the point of access to training and services to support your business growth – groups are obligated to attend regular meetings
2. SAVINGS
- Minimum monthly contribution of R100 per member. Members are encouraged to set a goal and work towards achieving this.
- We split member contributions between Emergency and Long-term investments.
- Member contributions are invested with a reputable asset manager – providing access to wealth-creating capital markets.
- Members can withdraw savings at any time provided the group is in good standing.
- Members receive their contribution plus any capital growth up to termination of membership.
3. CREDIT
- Savers have the opportunity to access credit (as a group) to buy stock.
- Credit approval, limit, rate and terms will be determined by criteria Spoon Money (Pty) Ltd applies.
- This is a group loan, so every member of your group is held responsible for the repayment of the loan
- The loans are administered though Spoon Money (Pty) Ltd, a registered credit provider (NCRCP 11976).
1. JOIN SPOON MONEY STOKVEL
- A group of at least 5 female street vendors applies to join the Spoon Money Stokvel
- Spoon assesses the group for suitability and the local Community Hub provides further vetting
- If accepted, the group starts saving with Spoon
- The group can make an application for credit to boost their business
- The local Community Hub is the point of access to training and services to support your business growth – groups are obligated to attend regular meetings
2. SAVINGS
- Minimum monthly contribution of R100 per member. Members are encouraged to set a goal and work towards achieving this.
- We split member contributions between Emergency and Long-term investments.
- Member contributions are invested with a reputable asset manager – providing access to wealth-creating capital markets.
- Members can withdraw savings at any time provided the group is in good standing.
- Members receive their contribution plus any capital growth up to termination of membership.
3. CREDIT
- Savers have the opportunity to access credit (as a group) to buy stock.
- Credit approval, limit, rate and terms will be determined by criteria Spoon Money (Pty) Ltd applies.
- This is a group loan, so every member of your group is held responsible for the repayment of the loan
- The loans are administered though Spoon Money (Pty) Ltd, a registered credit provider (NCRCP 11976).
We Are Supported By :
Spoon Money Contact Details

Spoon Money (Pty) Ltd is a registered credit provider – NCRCP 11976.
Information provided by Spoon Money Stokvel is for informational and general educational purposes only and does not constitute investment nor financial advice.
Spoon Money
Telephone: 0780868765
info@spoonmoney.com
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