Generational Inheritance Group

Generational Inheritance Group The GIG Co-Operative Bank Ltd is a service to the members to the GIG Institute The GIG Co-Operative Bank Ltd is a service rendered to GIG members.

The GIG Institute is an educational association that provides members with financial literacy, life skills and leadership training. A Co Operative Bank is based on an"old" Alternative Community Banking concept developed in Europe during the 1820's. The Co-operative Bank Act was only signed into law in South Africa in 2008. This act now allows communities (churches, schools, employer groups, etc) t

o provide their own banking or financial products. Co-operative banking dates back to the 1800's. 25% of the German economy is built on co-operative banking and this explains why Germany has handled the 2008 financial crash better than all of the European communities and the USA. The financial products offered by the GIG Co Operative Bank, as well as the training and support offered through the GIG Institute, are designed to constantly expose people to the 3 generational mindset. The GIG Co-Operative Bank offers 2 main products: interest free loans and interest bearing deposits. The Loan link Share offers Interest Free Loans up to 3* the amount a Member has saved. This form of Saving is also Interest Free. This product is designed to replace high interest debt and get out of debt faster. Once the Member is out of Debt, this instrument to be used to acquire Income Generating Assets and start his Generational Wealth Building program for his family. Interest bearing deposits offers interest on savings up to 14%. These instruments are ideal for the pensioner who needs to live of his interest or a person who has no need for loans but wishes to maximize the growth on his capital. The GIG program started in 2008 as the result of the insight gained by the founder Jasper Cloete on the power of Generational Inheritance:

Prov 13:22 A good man leaves an inheritance for his children's children, and the wealth of the sinner is laid up for the just. This philosophy has now translated into a program called GIG. Once trust is built within the group they then pool resources to investigate business opportunities around them. If they come across lucrative opportunities too big to handle within their group, they have access to the bigger national GIG structures for help in funding, business plans, etc.

GIG Coop Bank Financial Year End -
20/03/2026

GIG Coop Bank Financial Year End -

As we close the financial year at the end of February 2026, we are grateful to report that the Bank remains in a strong, stable, and healthy position.

GIG Institute - Mondragón and the Kingdom Economy -
18/03/2026

GIG Institute - Mondragón and the Kingdom Economy -

One of the strongest real-world examples of cooperative economics is the Mondragón movement in the Basque region of Spain.  

GIG Coop Bank March 2026 -
16/03/2026

GIG Coop Bank March 2026 -

Following our AGM in August 2025, the Board of Directors began a focused season of strategic reflection and alignment. Since then, we have held a number of strategic sessions, and I would like to share a short update on the key outcomes.

GIG Institute - Notice of the AGM 2025/2026 (Date Correction) -
19/02/2026

GIG Institute - Notice of the AGM 2025/2026 (Date Correction) -

Have Your Say – GIG Cooperative Bank Member Survey -
09/02/2026

Have Your Say – GIG Cooperative Bank Member Survey -

As part of the Board of Directors’ ongoing work to guide the strategy and future direction of GIG Cooperative Bank, we are conducting a short member survey.

GIG Coop Bank Security Notice -
03/02/2026

GIG Coop Bank Security Notice -

Some members belong to legitimate WhatsApp groups created by trusted Legacy Coaches. These groups are valid. However, it appears that an unknown individual gained access to one such group and was able to see member phone numbers.

GIG Coop Bank January 2026 -
05/01/2026

GIG Coop Bank January 2026 -

We hope you had a wonderful Christmas. Wishing you and your family a blessed start to the new year. Thank you for your ongoing support and for being part of this community.

GIG Coop Bank December 2025 -
11/12/2025

GIG Coop Bank December 2025 -

• Back Office Closure Our back office closed on 5 December and will reopen on 5 January. During this time we won’t be processing new loan applications, and only limited support is available.

Smarter Lending Starts Here!Why settle for a bank that profits off your loyalty, when GIG rewards it?With our new behavi...
03/10/2025

Smarter Lending Starts Here!
Why settle for a bank that profits off your loyalty, when GIG rewards it?

With our new behavioural banking model:
🔹 Start below prime
🔹 Lower your rate just by doing what you already do — saving, staying active, and referring friends
🔹 Top members enjoy 0% loan interest!

Good credit deserves better. And now, you’ve got it.

Apply or learn more: https://www.gig.coop/registration

Imagine if your habits—not the bank’s profit—decided your interest rate.With GIG Co-operative Bank, the more you save, p...
01/10/2025

Imagine if your habits—not the bank’s profit—decided your interest rate.
With GIG Co-operative Bank, the more you save, participate, and refer, the lower your rate drops—all the way to 0%! 🎉

✔ Good credit? ✅
✔ Strong income? ✅
✔ Want better than bank rates? ✅

This is not just another bank. This is a community-driven, smarter way to do money.
👉 Discover how: https://www.gig.coop/registration



GIG Coop Bank - Velocity that Matters -
30/09/2025

GIG Coop Bank - Velocity that Matters -

Since starting operations in August 2012, GIG Coop Bank has extended 600+ loans totaling R34.6 million. But beyond the numbers lies something even more powerful — the velocity of money.

Stop Overpaying. Start Growing.Why settle for prime + when your discipline deserves better?With GIG Co-operative Bank, y...
29/08/2025

Stop Overpaying. Start Growing.Why settle for prime + when your discipline deserves better?

With GIG Co-operative Bank, your money works as hard as you do:

- Rates from just 10% to start
- Drop to 0% through saving, referring, and participation
- Loans linked to your savings — build wealth while you borrow

Perfect for professionals who:
✔ Earn a steady income
✔ Have a proven credit record
✔ Want more flexibility than traditional banks
✔ Believe financial discipline should bring real rewards

The GIG Difference:

- Member-owned, not profit-driven
- Your rate adjusts annually, based on your behaviour
- Trusted by South Africans who want banking to work for them

“Within 12 months, my loan interest dropped to 2.5% — just by saving consistently.” — GIG Member

Limited Pilot Access. Applications now open to a select group.

👉 Check if you qualify today: https://www.gig.coop/registration

Generational Inheritance Group

Address

373 Leslie Avenue
Johannesburg
2000

Telephone

+27833029840

Website

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