We provide savings and investment plans to ease the financial burden of traditional initiation ceremonies.
Zibazana Investment Stokvel (ZIS) was founded in 2024 with a singular goal: to provide financial support and solutions for families preparing for traditional initiation ceremonies. Recognizing the significant cultural and financial burden these rites of passage can impose, ZIS offers tailored savings, loans, and investment plans designed to ease this burden and help families celebrate these important milestones with peace of mind.
The name “Zibazana” comes from the term used for the mothers of young men who are going through the initiation process. It reflects our deep commitment to preserving cultural traditions while helping families manage the costs associated with them. From savings for initiation expenses to providing discounts on groceries, livestock, and other essentials, we work hand-in-hand with our members to make sure they are financially prepared for every step of the journey.
Based in Gqeberha (Port Elizabeth), ZIS is led by three experienced businesswomen with diverse expertise and a shared passion for community upliftment. Our Stokvel group has grown to become a trusted name across South Africa, providing vital financial products to mothers, families, and communities who wish to uphold their traditions without compromising their financial stability.
To empower families and communities by offering innovative and accessible financial solutions that honor cultural traditions while ensuring financial readiness for traditional ceremonies.
To become South Africa’s leading financial service provider for traditional initiation savings, bridging the gap between culture and financial sustainability.
- Community Empowerment: We are committed to uplifting families by providing financial solutions that enable them to celebrate their traditions with dignity and respect.
- Innovation: We continuously strive to develop new, effective financial products that meet the evolving needs of our members.
- Integrity: Trust and transparency are at the heart of everything we do. We operate with honesty and a dedication to serving our members' best interests.
What We Offer
ZIS provides a range of financial products tailored for the traditional initiation process, including:
