Stokvel members can borrow money – here’s how to do it responsibly

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An informative, motivational session sponsored by Standard Bank with expert advice on what to do (and not to do) when taking a loan

If you’ve reached the point where you’re considering taking another loan, or if you’re struggling to pay one off, here is some advice that might help. We’re calling all stokvel members – and any financially minded individuals – to the FREE DRUM virtual event sponsored by Standard Bank.

Hosted by DRUM editor Thulani Gqirana, those who tune in will have a chance to hear Magdeline Thidiela speak about responsible borrowing. She is the head of client solutions at Standard Bank, where her team’s main focus is to make the process of borrowing easier, as well as helping clients to continue paying those loans off. Apostle Negross Manana will open the event with some motivational words, and then we’ll be treated to a talk by the stokvel expert Busi Skenjana. She’ll talk about that very necessary exercise that all stokvels should go through: setting goals. The talk will empower, educate and entertain, and equip you to start 2021 on a positive note. Our editor will also be giving away some prizes at the end!   

DRUM Stokvel virtual event sponsored by Standard Bank

When: Saturday 5 December @ 11am – 12pm (1 hour)

Cost: FREE

Click here to register.

THE SPEAKERSMagdeline Thidiela

She is the head of client solutions at Standard Bank, where she leads a multi-disciplinary team of people who work across finance, small and medium enterprise products, marketing and IT. The team’s focus is to deliver digital solutions for Standard Bank’s lending retail clients – making it easier for clients to apply for, obtain and also service their loans. She has over 10 years’ experience in credit-risk management. Strategic thinking, a focus on execution, an interest in people’s development and her analytical expertise are her strong points.

Busi Skenjana

She is a dynamic individual who has been part of stokvels her entire adult life. Founder of BSK Marketing and the Stokvel Academy, she believes stokvels are an important and unique way for women to achieve dreams such as buying their own cars, paying for their children’s education and more. As early as the 1980s, she was already looking at ways that brands and companies could partner with stokvels to test products and gain advantages for stokvel members. She is regarded as the stokvel guru, and an expert in the stokvel market. 

Apostle Negross Manana

A powerful, dynamic and charismatic speaker with unique insights, humour and a passion for knowledge. He has studied both here and in the USA, and is the founder of Turning Point International Christian Center as well as Negross Global Harvest Ministries. He believes it is his calling to deliver God’s message of hope, no matter what the situation. 

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