Biz Savers Squad
Join a community-driven savings initiative designed to help aspiring entrepreneurs and struggling business owners secure the equipment they need in just 6 months.
Why You Should Join
How It Works
Step 1 - Join
Step 2 - Training
Step 3 - Receive Funds
Frequently Asked Questions
Click on the question to see the answer
1. Click the Sign Up Now button and select between Silver, Gold, Platinum squad according to the one which fits your budget
2. Complete the form
3. We will send you your membership number which you can use as reference when making payments.
*Please ensure that you read through the terms and conditions before signing up. Click here to view them
Because we keep adding new business ideas to avoid you having to change your mind, you’ll be able to choose from a list of business ideas in month 5. This gives you enough time to ensure that you see a various options.
The program runs for six months. During this time, you'll contribute a fixed monthly amount, and at the end of the six months, you’ll receive your savings to purchase the necessary equipment for your business.
Yes residents from the following countries can also join: Botswana, Mozambique, Zambia, Lesotho, Zimbabwe, Namibia. Please note that if you do not reside in South Africa you will have to pay for delivery and customs duty costs. These can only be determined after you select the type of business you want.
You can use EFT or card. We will send you the banking details and payment link after you sign up. The first payment needs to be paid within 2 days of you receiving you membership number.
After that, the rest of the payments can be made on the 3rd, 17th and 27th of each month.
You don't receive a cash payment, the funds you contributed will be used for purchasing the equipment you choose from the list and we will make the payment to the suppliers we have partnered with.
We understand that life happens! If you miss a contribution, simply reach out to us as soon as possible to make up for it. We aim to be flexible and supportive of our members’ situations. However, please note that your monthly contributions must be kept up to avoid delays in receiving your savings.
We’ll teach you effective strategies to market your services and attract clients, including using social media platforms, freelancing websites, and networking.
Yes! As part of the Start a Biz Stockvel, we provide access to funding opportunities and support. You’ll receive guidance on securing additional funding.
At the end of the six-month saving period, you will receive your savings. You can then use the funds to purchase the equipment which forms part of the Buying Group. Plus, you’ll have a clear action plan, business plan, and marketing strategy in place to ensure a smooth launch.
The amount you can save is determined by your monthly contribution and the equipment goal you set when joining the Stockvel. We have flexible options to accommodate various budgets and business types.