Stokvel calculators
Plan a savings circle before the first payment lands. Build the full payout schedule with dates and amounts, or work backwards from the payout each member wants. Use Australian dollars or South African rand — whichever your group runs on.
Payout schedule calculator
Enter your circle's size, contribution and start date to see the pool paid out each round and the date each turn falls due.
Pool paid out each round
5 × $200.00
$1,000.00
Full cycle length
One payout per member
5 months
Each member pays in over the cycle
And receives $1,000.00 once
$1,000.00
Round 1
Paid out 05 Sept 2026
$1,000.00
Round 2
Paid out 05 Oct 2026
$1,000.00
Round 3
Paid out 05 Nov 2026
$1,000.00
Round 4
Paid out 05 Dec 2026
$1,000.00
Round 5
Paid out 05 Jan 2027
$1,000.00
Contribution planner
Start from the lump sum each member wants and work back to the contribution that gets them there.
Contribution per member, per round
$3,000.00 ÷ 6 members
$500.00
Pool paid out each round
Goes to one member per round
$3,000.00
Cycle length
Every member paid out once
6 months
Each member contributes per year
At monthly contributions
$6,000.00
Common questions
How do I work out a stokvel payout schedule?
Multiply the contribution by the number of members to get the pool paid out each round. One round happens per contribution period, and the cycle runs for as many rounds as there are members, so every member is paid out once.
How much should each member contribute?
Work backwards from the payout each member needs. Divide the target payout by the number of members to get the contribution per round, then check that figure is affordable for every member in a tight month, not a good one.
Run the real thing.
STKVEL turns this plan into a live circle: contributions marked off as they land, the rotation visible to everyone, payouts recorded. Start free.
Start your circle — freeGeneral information only, current as at 2026. It is not financial, legal or tax advice. STKVEL is record-keeping software and does not hold, transfer or invest member funds.