Trust you can verify
A money app earns trust by not being able to betray it. Here is how Stok-Vel is built so that your group doesn't have to take anyone's word — including ours.
We never hold or move money
This is the foundation everything else stands on. Your cash changes hands at your meetings and lives in your stokvel's own bank account — the platform records what happened and can do nothing else. There is no wallet to hack, no float to lose, no way for us to touch a cent of your savings.
Each stokvel's data is isolated
Your group's records are walled off from every other group at the database level — not just hidden by the screen. Inside your group, members see their own savings plus the group totals; balances of other members stay private. Drawdowns are the one deliberate exception, shared because they affect the group pot.
Two-factor security for admins — mandatory
Anyone with the power to write your records (treasurer, coordinator, secretary) and the floor representative who oversees them must sign in with a second factor. A stolen password alone cannot touch your book. Printed recovery codes cover a lost phone.
A trail no one can quietly edit
Every admin action is timestamped, attributed to a named person, and appended to a trail that cannot be rewritten. The floor representative — chosen from the members — sees all of it. If something changes, your group sees who, what, and when.
The record protects itself
Integrity rules are enforced by the system, not by promises: a drawdown can never exceed the member's own available balance, a repayment can never exceed what is owed, and the year-end close is calculated, logged, and irreversible.
POPIA-minded, in writing
Your personal information is processed under the Protection of Personal Information Act — what we collect, why, and for how long is written down in plain language, along with your rights and how to exercise them.
Who sees what
A member
Their own savings and history, the live group total, the drawdown board, the group feed, and their own statements.
An admin
The group view they need to run meetings and records — with every action they take logged under their own name.
The floor representative
Read-only sight of everything the admins do. Oversight without power — the members’ eyes on the committee.
It’s all in writing
The promises on this page are not marketing copy — they are commitments in our legal documents.
Give your group records it can verify
Set up in minutes, first month free — and the book stops being a matter of trust.
R399 per stokvel per month · unlimited members · we never touch your savings