Question 1

What is a Societé/Stokvel?

Accepted Answer

A societé/stokvel is a collective savings scheme. It is a very common form of informal banking across Africa. South Africa has a R50-Billion Stokvel sector made up of more than 800 000 Stokvel groups and 11-million members. This is a vast and dynamic network of personal and collective finance schemes.

Question 2

Is Canvas Capital a Stokvel?

Accepted Answer

No, Canvas Capital does not operate as a stokvel itself. Instead, we form, administer, and facilitate various art stokvels. We connect potential collectors and art enthusiasts, placing them in community-driven groups where they can support one another in collectively purchasing artworks.

Question 3

How does the Canvas Capital Stokvel work?

Accepted Answer

When joining 1 of our 5 societés,(https://www.canvascapital.co.za/pricing-plans/list) you’ll be placed in community with 11 other members where each month, you will all rotationally receive your desired artwork matching your purchase value. Throughout the year, you'll also enjoy exclusive membership benefits (https://www.canvascapital.co.za/our-services)as part of your subscription.

Join the circle where art meets community. Book a consultation (https://www.canvascapital.co.za/team-3)or refer our to how it works (https://www.canvascapital.co.za/our-services)page to find out more about us.  (https://www.canvascapital.co.za/about-us)

Question 4

How long is a stokvel cycle?

Accepted Answer

12 months. With 12 members in each cycle, every member is able to receive their desired artwork every month.

Frequently Asked Questions

This is new. We know you might have some queries and concerns. Let's clarify them for you.