South Africa
Stokvel management app: contributions, payouts, and meetings
Nyocte is a free stokvel management app for South Africa. Track contributions in rand, run the rotation, hold meetings and votes, and keep every member's record open.
What it is
What is a stokvel?
Also known as: gooi-gooi, burial society, grocery stokvel, umgalelo
A stokvel is a South African savings club. Members contribute a fixed amount each month, and the pool is paid out in rotation, saved for a December payout, used for groceries, or held by a burial society for members' funerals. Stokvels often have a constitution, elected officials, and monthly meetings that move from home to home.
Most stokvels keep the book by hand and send reminders in a WhatsApp group. When a member questions a balance or an official steps down, the record is hard to reconstruct. Nyocte keeps the ledger, the rotation, the meetings, and the decisions together, visible to every member.
On Nyocte
How your stokvel runs on Nyocte.
- 01
Set up the stokvel and its officials.
Choose the savings group setup, invite members, and give the chairperson, treasurer, and secretary their roles.
- 02
Track contributions in rand.
Record monthly contributions and payouts. Members see their own statement, and arrears are visible before the next meeting.
- 03
Hold the meeting where the record is.
Agenda, attendance, minutes, and votes stay in the group. Rule changes and fines are voted on and recorded.
What you get
The record, the meetings, and the decisions, together.
- 01
A contribution record every member can see, with who paid, when, and what is still outstanding.
- 02
A rotation schedule that shows whose turn is next and what has already been paid out.
- 03
Roles for the chair, treasurer, and secretary, so the right people can record, review, and approve.
- 04
Meetings with agendas, attendance, and minutes kept next to the money.
- 05
Votes with deadlines and quorum for rule changes, penalties, and new members.
- 06
Fines and reminders for late contributions, configured by the group, with a record of every appeal.
- 07
Export of the ledger, member list, and minutes whenever the group needs it.
Before you start
Mga karaniwang tanong
Is Nyocte free for a stokvel?
Yes. The app is free for every group, with no member limit and no premium tier. Payment processing, where your group chooses to use it, is handled by a payment provider and can carry a fee. Record-keeping, meetings, votes, and chat cost nothing.
Does Nyocte hold the group's money?
No. Nyocte keeps the record. Contributions can still be collected the way your stokvel already collects them: cash at the meeting, bank transfer, or mobile money. Where in-app payments are available, they are processed by a licensed payment provider and Nyocte does not hold funds.
Can a burial society or grocery stokvel use it?
Yes. The record works for any contribution pattern: rotating payouts, a year-end payout, or a fund that pays claims. Each fund can be its own account.
Is the record in rand?
Yes. The group chooses its currency when it is created, and every record uses it.
Make your first move.
Start on your phone, invite your members, and record the next contribution in Nyocte.
Set up your stokvelRead the contribution checklist →