Kovuna
Kovunaby eNL Mutual Bank
Start saving
A children's savings plan

Grow their
future.

Plant a seed today and watch it grow. Start saving from day one, backed by a licensed mutual bank.

Start saving See it grow
Licensed mutual bank · MB0034 256-bit encryption Community owned
Regulated under the Mutual Banks Act 124 of 1993 NCR registered · NCRP21460 Banking for a purpose
How it works

Three steps to their future

Open in minutes, contribute your way, and let compound growth do the quiet work over the years.

1

Plant the seed

Open a Kovuna account for your child in minutes. No paperwork queues, no branch visit.

2

Water it often

Set a monthly amount or add whenever you can. Family and grandparents can chip in too.

3

Watch it grow

Compound growth builds quietly until they reach the milestone you saved for.

A real-life example

How a small start becomes a big day

Picture Amara, six years old. Her parents open Kovuna and set aside R300 a month.

Her gran adds a little each birthday. An uncle in London taps in over the holidays. Nobody feels it month to month, and no one sits watching a balance.

Eighteen years later, on the morning she needs it, that quiet seed has grown into the thing that pays for her first year of university.

An illustrative example. What a real account grows to depends on the contributions and the growth rate, and is not guaranteed.

Optional · Make it tangible

A little seed on the fridge

The savings plan is the heart of Kovuna. The character is an optional, delightful extra: a small figure your child keeps on the fridge. Anyone who visits taps their phone to add to the savings, and family far away scan its QR code from their own kitchen.

A 3D-printed Kovuna seed-astronaut character on a fridge, tapped with a phone to contribute

  • Tap to contribute

    Any visitor taps their phone against the character. The amount they choose lands in your child's savings in seconds. No app, no account.

  • Share the QR

    Can't visit? Every character has its own QR code. Grandparents in London or Dubai scan it and contribute from anywhere.

  • Held by the bank

    Contributions sit safely with eNL Mutual Bank and stay accessible to you, growing while your child does.

Apple PayGoogle PayCardEFTOzowPayShap
A row of 3D-printed Kovuna characters: a seed astronaut, a dragon, a springbok and a rocket

Choose a design, or commission one made just for your child.

Why Kovuna

Built for the long game

Everything a parent wants in a savings plan that has to last eighteen years.

Start from R50

No minimum that locks anyone out. Begin small and grow the contribution as life allows.

Bank-grade safe

256-bit encryption and a licensed mutual bank holding the funds. Your child's money is protected.

Compound growth

Interest on interest. The earlier you plant, the more the seed multiplies by milestone day.

Whole family saves

Share a link so grandparents, aunts and uncles can add to the pot on birthdays and holidays.

Made by a person

3D-printed, one at a time

Every Kovuna character is printed one at a time by a South African designer, not stamped out in a factory. Slight imperfections come with the territory. That is the point.

A 3D printer making a Kovuna seed-astronaut character on a maker's desk

  • Made for one child

    A character a designer makes for your kid carries meaning a box-store toy never will, because it was made for them.

  • Ships in an envelope

    Your character arrives in the post with the NFC chip already inside, packed one at a time.

  • Designers earn

    Have a 3D printer? Print Kovuna characters into a real customer queue and keep most of every sale.

Become a designer
What it costs

Simple, and easy to start

No big lump sum and no complicated tiers. You decide what you can give, and you can change it whenever life changes.

From R50 / month
  • Start small and increase your contribution whenever you like
  • Family and friends can add to the same goal with a secure link
  • Held inside eNL Mutual Bank, a licensed mutual bank
  • Withdraw at the milestone you choose: education, a first car, or their 18th
Start saving

No large minimum to begin. The full product terms and any account fees are shown before you open an account.

Watch it grow

See the seed become a forest

Move the slider to see what a monthly contribution could become by the time they turn eighteen.

Illustrative only. Returns are not guaranteed.

Projected at milestone
R 0
You contributeR 0
Growth addedR 0

Assumes level monthly contributions and the selected annual growth rate, compounded monthly.

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year horizon
R0
minimum to start
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encryption
Trust & security

Their future, properly protected

Kovuna is held inside eNL Mutual Bank, a licensed, community-owned South African bank.

Licensed mutual bank

Regulated under the Mutual Banks Act 124 of 1993, registration MB0034.

Bank-grade encryption

Every session is protected with 256-bit encryption end to end.

Community owned

A Black-owned, women-led mutual bank built on inclusion and ownership.

Withdraw at milestone

Funds unlock at the milestone you choose, education, first car, or eighteenth.

FAQ

Questions, answered

Any parent or guardian can open a Kovuna account for a child. Family members can contribute once it is open.

You can start from R50 a month. There is no large lump sum required, plant the seed and grow it over time.

Yes. Funds are held inside eNL Mutual Bank, a licensed institution under the Mutual Banks Act, with bank-grade 256-bit encryption.

You choose the milestone, education, a first car, or their eighteenth birthday. Funds unlock at that point.

Absolutely. Share a secure link and the whole family can add to the pot on birthdays and holidays.

Plant their seed today

Join the first families on Kovuna. Leave your email and we will set you up the moment we open.

Start saving