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The Gumbi Boys stokvel helps these men care for their loved ones in difficult times

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The Gumbi brothers have been supporting each other since 2011.
The Gumbi brothers have been supporting each other since 2011.
savings/ Getty images

THE ESTABLISHMENT

It was eight years ago that a group of young men from Mabopane, north of Pretoria, decided to start a social club, Gumbi Boys Social Club, where they would each save money for their different goals. They get the money at the beginning of the following year. The reason for the formation of the club is that it’s normally hard to save money on their own. Most of the time they’d waste their money and spend it on things they didn’t need. Now the money is put aside for the stokvel. The club is casual in the sense that they don’t have a uniform, but they still believe in order to run Gumbi Boys.

MONEY TALKS

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