Sunday, 9 October 2016

What is MMM?

MMM is a community of people providing each other financial help on the principle of gratuitousness, reciprocity and benevolence.

In MMM you don’t have to make contracts or pledge your property. In MMM there are no lenders and no debtors. Everything is very simple: one participant asks for help — another one helps.

The only thing that MMM demands from its participants is to be honest and kind to each other. You ask for financial help when you need it, you give financial help when you are able to do it.
There is no central account, where all the System money flows to (and where it can easily be stolen). Participants transfer to each other directly, without intermediaries! So the System completely belongs to the people. It is a real mutual aid fund where ordinary people help each other.

How does it work technically?

After registration and logging in, you go to MY PAGE to confirm your phone number and email. Thereafter you click on ACCOUNTS to add your account details. The next step is to click on DASHBOARD. To declare the willingness to give help (click on "Provide Help"), after which your account will be rewarded with mavro (internal “currency”/scores of the System). Mavros will start growing from the moment of offering the contribution at the rate of 30% per month.

Say you have announced willingness to assist (Provide Help) with NGR 100,000 you will be rewarded with 100,000 mavro. And they will immediately start growing! A month later, these 100,000 will become 130,000 mavro. Accordingly, you will be able to request assistance (Get Help) of NGR 130,000 and it will be paid directly into the account you have provided.

Please do not hesitate to contact me if you need more information.

Click on the link below to register and thank me later.
MMM Nigeria

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