In the event of the closure of the Stokvel, all additional funds and assets of the Stokvel will be distributed on the Stokvel according to the contributory value of each member. Responsibility and debt are evenly distributed among the Stokvel according to the contributory value of each member if these debts are incurred by the Stokvel. After the closure of the Stokvel, StokFella will take this last statement to close the Quick Access account on the 3PIM ETF system on behalf of the Stokvel Group. First, the Stokvels are part of the informal economy and are therefore largely out of reach of the law. Members focus on their own instruments for conflict management and debt enforcement. WE CAN SUPPRIMER YOUR COMPTE: UBUNYE STOKVEL may remove any user content (as defined below) at any time, for any reason or reason. Any violation of the policy or this agreement by your user`s content, as defined by UBUNYE STOKVEL, may result in the closure or deletion of your user account and may result in the complete termination of your access to UBUNYE STOKVEL services. But why, in an area of this size, so few stokels or their members appear before the South African courts? We intend to understand why. We did a study to test the Stokvels control. In January 1998, Ms.
Malgas borrowed 6,000 R6,000 from her friend Mndi. The source of the borrowed capital was Mrs. Mndi`s Stokvel, the Masikhule Club. The capital was advanced from the club to Mrs Mndi at a rate of 30% per month. Ms. Mndi, on the other hand, lent the money to Ms. Malgas under the same conditions. It took Ms. Malgas a long time to repay the loan. In December 1998, she finally repaid the R34,692.60 to Ms. Mndi, who then paid the money to her Stokvel.
You acknowledge that you are solely responsible for all content and materials you share on UBUNYE STOKVEL services. It is important that the processes of the Constitution be considered binding on members. As with any contract, a commitment is created by agreement, which then binds the parties.