Skhumba Comedy Hour
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Victims of 'R200 WhatsApp stokvels' share their dismay at losses, being blocked by admins
(Unemployed and lured by the promise of quick growth on a small cash outlay, Bathabile Zondi is one of many South Africans who have fallen victim to mushrooming “WhatsApp stokvels”. Zondi said she was recruited by friends in July, who had each received R1,200 after “joining” with only R200. A hopeful Zondi said she borrowed R400 from her pensioner grandmother, promising to return it a week later, in line with what she was told by her recruiters.)
(Unemployed and lured by the promise of quick growth on a small cash outlay, Bathabile Zondi is one of many South Africans who have fallen victim to mushrooming “WhatsApp stokvels”. Zondi said she was recruited by friends in July, who had each received R1,200 after “joining” with only R200. A hopeful Zondi said she borrowed R400 from her pensioner grandmother, promising to return it a week later, in line with what she was told by her recruiters.)
