Rising Stars Stokvel
Member of NASASA: NASASA152341
Registered with Finacial Service Board and NCR
Aims and Objectives
The Rising Stars Stokvel is a Group of natural persons (individual members) amongst whom a common bond exists to form an invitation only group savings scheme, investor pool or rotating credit scheme.
The Rising Stars Stokvel:
a.) consists of members who have pledged mutual support to each other towards the attainment of specific savings/investment objectives;
b.) Establishes a continuous pool of capital by raising funds by means of the subscription of contributions by members;
c.) The aggregate value of capital per Stokvel member does not exceed R1 000 000 000 per annum.
d.) Provides for members to share in profits and to nominate managers; and
e.) Relies on self-regulation to protect the interest of its members.