Officiate Existing and New Stokvels/Investment Clubs

Apart from various steps and documents  to start a new  Stokvel/Investment Club which include some documentation  to ensure a official  well established entity more work  is required to administering the investment club/stokvel.  

The admin function is a  official responsiblility  for recording all the transactions of the club /stokvel is rewuired and sending out statements to members. U Treasurery dutiessuch a keeping  the investment club/stokvel Accounts accounting records in a accounting package , keeping the permanent banking and brokerage records and also keeps a record of the monthly club valuation, member statements and annual taxes. (This data  needs to be a careful, detail-oriented  kept and responsibly handled).

•     Auditing duties, is required to once a year takes the previous year’s transactions from  and  to check the accuracy of the records.t

•     Secretaroal duty/ role is often combined with that of theTreasury duties. The Secretarial dity is responsibilty  for sending out agendas and minutes for meetings. He or safekeeping of documents such as the original partnership agreement and signature page, a concise record of the minutes of every meeting, and any correspondence i.e. resignation letters and letters requesting information from prospective new members. a Secretary also reminds members of meetings, and possibly emails minutes to members who miss a #meeting

NEW The Society offers most of these services  to Groups and this allows groups the freedoo, of concentrating on building Wealth rather than be bogged down by tediious non investment function!