Thuso Debt Assistance
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Make Your Money Go Further with
the Power of Your Stokvel

Get Clever as a Collective! 

Your Stokvel isn't just about saving money—it's about empowering each other to achieve our financial goals. With Thuso Debt Assistance, you and your fellow members can take a proactive approach to managing short-term loans and accounts.


Say goodbye to stressful repayments and hello to a bright financial future. Let's make it happen, team!

Want to know how your stokvel will make money from Thuso? 


Join our Online Session!

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Outsmart Debt and Take Control of Your Financial Destiny

We know that to go far, we must go together - the same is true for your money. Powered by your Stokvel, Thuso Debt Assistance is here to change the way you tackle your short-term loans and accounts.

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Lower Your Payments 

We'll work with your lenders to get you a better deal.

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Pay Less Interest

Stop throwing money away at high interest rates.

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Stokvel Power

Your group's savings are your secret weapon. They'll help you pay off debt faster.

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Earn Together

Your Stokvel gets a share of the money you save by paying off your debt. It's a win-win!

Lower Your Payments

We'll work with your lenders to get you a better deal.

A green line icon of a hand holding a dollar bill and an arrow pointing down.

Pay Less Interest

Stop throwing money away at high interest rates.

A green line icon of a percentage and an arrow pointing down.

Stokvel Power

Your group's savings are your secret weapon. They'll help you pay off debt faster.

A group of people standing next to each other with a dollar sign and an arrow.

Earn Together

Your Stokvel gets a share of the money you save by paying off your debt. It's a win-win!

A group of people are connected to a bag of money with a dollar sign on it.

What kind of debt can
Thuso help with?

Learn more
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This is a paragraph. Writing in paragraphs lets visitors find what they are looking for quickly and easily.

Learn more
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Short-term debts that you need to pay off in less than a year.

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Debts that are less than R20,000 in total.

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Your short-term debt must be in arrears and can include amounts owed at clothing stores, banks, credit card companies, stationery suppliers, medical providers or student loans.

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Short-term debts that you need to pay off in less than a year.

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Debts that are less than R50,000 in total.

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These can include amounts owed at clothing stores, banks, credit card companies, stationery suppliers, medical providers or student loans.

How it Works

STEP 1:

Apply via our marketplace.


Click here for the How To Guide


STEP 2:

Complete credit check.

STEP 3:

Our partners speak to your lenders to reduce your amount.

STEP 4:

Stokvel approval. You save and your stokvel makes money.

* T’s and C’s Apply. ** Only short-term debts with less than 12 months and are less than R20,000. ** Your short-term debt must be in arrears. ** Non-payment will come out of your existing savings from your contributions to your stokvel.

STEP 1:

Apply via our marketplace.


Click here for the How To Guide

STEP 2:

Complete credit check.

STEP 3:

Our partners speak to your lenders to reduce your amount.

STEP 4:

Stokvel approval. You save and your stokvel makes money.


* T’s and C’s Apply. ** Only short-term debts with less than 12 months and are less than R20,000. ** Your short-term debt must be in arrears. ** Non-payment will come out of your existing savings from your contributions to your stokvel.

Take Action Today

Need More Info?
Request a Call Back

FAQ - Thuso Debt Assistance

  • How does Thuso Debt Assistance work?

    StokFella is a social FinTech platform designed to empower stokvels by providing a secure, streamlined, and efficient way to manage and grow collective savings. Our platform offers features such as digital stokvel accounts, financial education resources, and opportunities for shared ownership in income-generating assets.

  • How do I qualify for Thuso Debt Assistance?

    To qualify, you must meet these requirements:

    1. Be a member of a stokvel registered on the StokFella platform. 
    2. Have short-term debt (store accounts, credit cards, etc.). 
    3. Be able to make consistent repayments to your stokvel. 
    4. Be committed to getting out of debt.

  • How do I get started?

    Here are two simple ways to apply


    StokFella Members

    Log into the StokFella app. Navigate to Thuso Debt Assistance in the Marketplace. Submit your application.


    Not on StokFella yet? 

    You can apply manually. Fill out the form on our website, and a Care Consultant will contact you to guide you through the process.

  • How much does Thuso Debt Assistance cost?

    There are no upfront fees for Thuso Debt Assistance. We work with your stokvel to determine a small percentage of your repaid debt, which goes towards supporting the program for other members in the future. Our goal is to make debt relief accessible to everyone in the stokvel community.

  • Will this affect my credit score?

    While successfully tackling debt can have a positive long-term impact on your credit, Thuso Debt Assistance focuses on getting you out of immediate debt distress. If you are concerned about your credit score, we can connect you to resources to help you better understand it.

  • Does Thuso Debt Assistance impact my stokvel relationship?

    Thuso Debt Assistance aims to strengthen your relationship with your stokvel. By tackling your debt, you become a more reliable, financially stable member. The program emphasizes support and rebuilding trust, not strain.

Revolutionise your Stokvel

Download the App

Whether you belong to a burial society, participate in umagolisana emsebenzeni, or have big plans for your property stokvel, StokFella is here to help you do more, together.

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Join the StokFella community today and experience stokvel management like never before!

Join StokFella Now
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