GOLDEN INVESTMENTS STOCKVEL
*GOLDEN INVESTMENTS STOCKVEL (GIS)
CONSTITUTION MEMORANDUM*
*Introduction*
Golden Investments is a project aimed at helping members save and purchase their own vehicles, while also enabling them to invest in separate opportunities.
It is founded on the principles of integrity, transparency, and mutual benefit. The project ensures that every member’s effort and participation are rewarded and reciprocated.
This stockvel respects and values every contribution made. Management appreciates the commitment and cooperation of all members. Your dedication is essential to the success and sustainability of the Stockvel.
*Contribution Structure*
The group contribution framework is outlined as follows:
**Full Membership*
*
- Payout: R250,000
- Deposit: R7,000
- Weekly Contribution: R2,500
- Contribution After Benefit: R3,500
*Half Membership*
- Payout: R125,000
- Deposit: R3,500
- Weekly Contribution: R1,250
- Contribution After Benefit: R2,250
*Important Information*
1.Deposits will officially commence 28 March
1.Account Details:
FNB Stockvel Account
Account Number: [contact hidden]
Branch Name: Burgundy Square
Branch Code: 250655
2.Members are encouraged to prepare deposits in amounts starting from R1,000 or more.
4.All deposit slips must be retained for record-keeping.