Nominate a stokvel
Nominate a stokvel
The Absa Stokvel Awards are back!
Winning stokvels could stand a chance to walk away with up to R100 000.

Win BIG with the Absa Stokvel Awards

Nominate your Absa Stokvel Awards
Multiple awards

Choose a category.

Multiple Absa Stokvel Awards
Nominate your Stokvel

Your nominated stokvel could win.

Win with Absa Stokvel Awards

Stokvel winner

Up to R100 000 for each Stokvel winner

What you need to know

  • About the awards

    In every community across South Africa, there's a story waiting to be told – a story of resilience, unity, and the unwavering spirit of Ubuntu. In every story, there lies an opportunity to make a difference and at the heart of many of these stories lies the tradition of stokvels – a beacon of hope in times of uncertainty, a symbol of solidarity in the face of adversity. Hence:
     

    • The 2nd Absa Stokvel Awards
    • Absa is celebrating big wins by recognising stokvels in multiple categories, and of course, the chance to win a grand prize
    • You can nominate any stokvel, savings club, burial society, individual or organisation that supports stokvels if they meet the qualifying criteria. 
  • Cash Prizes

    • If your nominated stokvel wins, they walk away with R50 000 – That’s not all, if they have an Absa Investment Club Account we will double it to R100 000.
    • See terms and conditions of doubling the prize.
  • How to qualify

    • Nominate a stokvel, savings club, burial society or an individual or organisation that supports stokvels.
    • Your stokvel doesn’t need to bank with Absa, but it must be older than 6 months. However, if your stokvel banks with Absa or opens an Absa Investment Club Account, it does not need to be older than 6 months. Visit any Absa branch to open an Absa Investment Club Account.
       

    Additional information:

Award categories

Best Community Impact Award
Recognising a stokvel that has made a significant positive impact on the community through social projects, donations or support initiatives.

Most Innovative Investment Stokvel
Recognising a club/stokvel that has successfully ventured into investments and/or an innovation-related initiative(s).

Best Stokvel in Financial Literacy and Leadership
Recognising a stokvel that provides financial education to its members and has good governance and transparency in its leadership.

Best Stokvel Enablers
Recognising organisations, businesses and individuals that amplify or develop and have a positive impact on the stokvel community.

Best Digitally Empowered Stokvel
Recognising a stokvel that effectively uses technology for its operations and to better engage and benefit its members.

Lifetime Stokvel Achiever Award
Recognising a stokvel that has lasted for many years, while showing improvement and sustainability.

Stokvel of the Year 
Recognises all types of Clubs/Group Savings/Stokvels/Societies that have demonstrated best overall success in the year.

Relive the magic of the Absa Stokvel Awards 2024

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