Mutual Aid and Informal Finance
This paper focuses on stokvels in contemporary South Africa. It examines the resilience and persistence of mutual aid in a modern setting. It seeks to build a qualitative model to understand the persistence and adaptation of the stokvels in a modern society where banking institutions coexist with i...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Johannesburg
2023-06-01
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| Series: | The Thinker |
| Online Access: | https://journals.uj.ac.za/index.php/The_Thinker/article/view/2520 |
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| _version_ | 1832583679345426432 |
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| author | Elise M. Dermineur Unathi Kolanisi |
| author_facet | Elise M. Dermineur Unathi Kolanisi |
| author_sort | Elise M. Dermineur |
| collection | DOAJ |
| description |
This paper focuses on stokvels in contemporary South Africa. It examines the resilience and persistence of mutual aid in a modern setting. It seeks to build a qualitative model to understand the persistence and adaptation of the stokvels in a modern society where
banking institutions coexist with informal credit practices. The concept of cooperation is key to the analysis. We argue that stokvels continue to persist in modern society, despite the rise of banking institutions, because of their cooperative nature.
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| format | Article |
| id | doaj-art-d5867b26aa9f46d9a54bf10601e92dc0 |
| institution | Kabale University |
| issn | 2075-2458 2616-907X |
| language | English |
| publishDate | 2023-06-01 |
| publisher | University of Johannesburg |
| record_format | Article |
| series | The Thinker |
| spelling | doaj-art-d5867b26aa9f46d9a54bf10601e92dc02025-01-28T09:01:56ZengUniversity of JohannesburgThe Thinker2075-24582616-907X2023-06-0195210.36615/the_thinker.v95i2.2520Mutual Aid and Informal FinanceElise M. DermineurUnathi Kolanisi This paper focuses on stokvels in contemporary South Africa. It examines the resilience and persistence of mutual aid in a modern setting. It seeks to build a qualitative model to understand the persistence and adaptation of the stokvels in a modern society where banking institutions coexist with informal credit practices. The concept of cooperation is key to the analysis. We argue that stokvels continue to persist in modern society, despite the rise of banking institutions, because of their cooperative nature. https://journals.uj.ac.za/index.php/The_Thinker/article/view/2520 |
| spellingShingle | Elise M. Dermineur Unathi Kolanisi Mutual Aid and Informal Finance The Thinker |
| title | Mutual Aid and Informal Finance |
| title_full | Mutual Aid and Informal Finance |
| title_fullStr | Mutual Aid and Informal Finance |
| title_full_unstemmed | Mutual Aid and Informal Finance |
| title_short | Mutual Aid and Informal Finance |
| title_sort | mutual aid and informal finance |
| url | https://journals.uj.ac.za/index.php/The_Thinker/article/view/2520 |
| work_keys_str_mv | AT elisemdermineur mutualaidandinformalfinance AT unathikolanisi mutualaidandinformalfinance |