Spoon Money

Our mission is to support women in the low-income market segment to boost their businesses, build financial capability and resilience, and transition our clients from subsistence to stable, profitable micro businesses. Many self-employed street vendors participate in stokvels as a means of saving. Whilst helpful, often this mechanism doesn’t go far enough to help build up reserves to cover unexpected financial needs or to significantly raise the standard of living in the longer term. With greater economic mobility, financial independence and thriving township communities at the heart of our vision, we address this by providing community-based financial products and services. We build on stokvel principles of groups, trust and social capital.