n South Africa, stokvels have always been more than just savings groups — they’ve been a source of hope, progress, and resilience. Families have built homes, paid school fees, started businesses, and weathered hard times through collective saving.

But while the heart of stokvels remains strong, the world around them has changed. The way we work, earn, and plan our futures is different — and that’s where MyChama comes in.

We didn’t reinvent stokvels — we restructured them.
MyChama is inspired by the spirit of traditional stokvels but built to meet the needs of today’s saver: digital access, legal backing, transparency, and flexibility — all in one system.

What stays the same

• Community-based saving

• Monthly contributions

• Shared accountability

• Mutual trust and support

What’s improved

• A secure member portal for full visibility

• A legally binding constitution to protect everyone

• Automated records and contribution tracking

• Emergency access option with group review

• Card payment options and digital reminders

Why it matters
In a time when scams, ghost groups, and unstructured savings are becoming more common, MyChama offers the same warmth of tradition — with modern tools that ensure security, structure, and sustainability.

Made for now, rooted in culture
We haven’t left our roots behind — we’ve upgraded them. MyChama is proof that tradition and technology don’t have to compete. In fact, when combined, they create a more powerful future.

Final Thought
“My grandmother saved with a stokvel. I save with MyChama. Same values — just more secure, more structured, and built for my world.”