FORMATION AND STRUCTURE: It might have started off as a joke in 2017 between a group of male friends in their early 30s, but now Naledi Brothers is a fully fledged club. The aim of the stokvel is to give members financial freedom to buy things they need. This could be new furniture or building material to improve their homes. The members take turns to give each other R10 000 per month and there are 11 members.
Members meet once a month at a spot in Naledi, Mamelodi West. There is no specific time for the meeting, but the latest a member can arrive is at 3pm. Each member brings their own drinks so that they can relax and chat about the agenda for the month.
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