Question
summarise:
Thirdly, there are high-budget associations or stokvels that consist of 100 members or more whose background and status constitute important factors in gaining entrance to the association. Contributions vary from R200 to R2 000 per month, and payouts from R7 000 to R15 000. In essence the high-budget association is similar to the ‘gooi-gooi’, although financially it operates on a much larger scale
Thirdly, there are high-budget associations or stokvels that consist of 100 members or more whose background and status constitute important factors in gaining entrance to the association. Contributions vary from R200 to R2 000 per month, and payouts from R7 000 to R15 000. In essence the high-budget association is similar to the ‘gooi-gooi’, although financially it operates on a much larger scale
Answers
GPT-4o mini
High-budget associations or stokvels, comprising 100 or more members, require specific backgrounds and status for entry. Monthly contributions range from R200 to R2,000, with payouts between R7,000 and R15,000. These associations function similarly to the 'gooi-gooi' concept but operate on a significantly larger financial scale.