If you’re looking to start a business with WhatsApp, there are a few things you need to keep in mind. First, you’ll need to create a business account on WhatsApp. Once you have a business account, you can start adding customers and clients by their phone numbers. You can also create groups on WhatsApp so […]
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It’s no secret that prices are rising. Even the cost of basic necessities like food and gas have increased significantly in recent years. This can make it difficult to make ends meet, let alone save any money. Growing your money can seem like an impossible task. But it doesn’t have to be! There are plenty
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In a financial institution such as a credit union or co-operative bank, a common bond is the social connection among members that serves as collateral in place of more traditional forms of collateral. This allows the financial institution to offer its services to a wider range of people, including those who may not have access
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Are you tired of being short every month? Tired of not being able to save for future projects? This is for you. What is a budget? A budget is an estimation of revenue and expenses over a specified future period of time, typically one year. Budgets are often categorized into operating and capital budgets. What
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There are many benefits to saving and taking out loans from cooperative financial institutions like Isikhungo Sabantu FSC. Firstly, they offer very competitive interest rates on savings, meaning that your money will grow at a faster rate than if it were kept in a standard bank account. Second, they provide low-interest loans to help individuals
Sibusiso is a passionate young man with a community-oriented vision. He grew up in Mpumalanga, and always did the best he could to help his community and his family. He moved to Johannesburg to find more opportunities while making a difference in South Africa for all. Knowing that money is the easiest way to reach
Sibusiso Michael Ngomane Read More »
Zininzi Mrwetyana-Sondlo is born and grew up in Cala, a small rural town in the Eastern Cape province. “I am happy to be part of IS FSC because of its amazing benefits for its members. I can save with a good interest in return – which makes investing with IS FSC more convenient than with
Zininzi Mrwetyana-Sondlo Read More »
What are Stocks? A stock is a type of security that represents ownership in a company. Stockholders are entitled to partial ownership of the company, and they share in the company’s profits or losses. Stocks are traded on exchanges, and the prices of these stocks fluctuate based on supply and demand. There are two main
What are Assets? An asset is anything that can be used to generate value for a company or individual. The most common types of assets are financial, such as cash, investments, and property. Other assets include natural resources, land, patents, and copyrights. In accounting terms, an asset is something that can be converted into cash
What is a Cooperative? A cooperative, or co-op, is a business or organization owned and operated by a group of people for their mutual benefit. Cooperatives are based on the principles of cooperation, self-help, and self-responsibility. Cooperatives exist in many different sectors of the economy, including agriculture, energy, banking, healthcare, housing, and insurance. In the
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