What is MMM?
So you don't have to sign contracts or pledge your property in MMM . There are no lenders or debtors.
On participant asks for help, another one helps.
What MMM is NOT
MMM is NOT a Bank
MMM is NOT a HYIP
MMM is not an online business
MMM is not an investment company
MMM is not MLM
It is the world's largest donation exchange with over 200million participants all over the world. Now in more than 107 countries including Nigeria.
It is a peer- to-peer donation platform where money is transferred directly from one participants account to another participants account.
There are NO CENTRAL ACCOUNTS in MMM.
MMM was launched in Nigeria, November 2015 and now has over 8,000 participants all over Nigeria. Named after the pioneer, Sergey Mavrodi Mondial a Russian who's goal is :
HOW DOES IT WORK?
If there are no people in the queue to provide financial help, there will be no 30% rewards.
All the system does is to CONNECT those participants who are willing to provide financial help to those participants who need financial help.
However, MMM has proven the system's reliability and have implemented various mechanisms to make donation exchange process more stable and beneficial.
MMM is a community of ordinary people who provide financial help to each other freely on a principle of gratuitousness, reciprocity and benevolence.
It is simply a GIVING Community filled with people who are willing to provide financial help without any legal agreements, contracts or obligations.So you don't have to sign contracts or pledge your property in MMM . There are no lenders or debtors.
On participant asks for help, another one helps.
What MMM is NOT
MMM is NOT a Bank
MMM is NOT a HYIP
MMM is not an online business
MMM is not an investment company
MMM is not MLM
It is the world's largest donation exchange with over 200million participants all over the world. Now in more than 107 countries including Nigeria.
It is a peer- to-peer donation platform where money is transferred directly from one participants account to another participants account.
There are NO CENTRAL ACCOUNTS in MMM.
MMM was launched in Nigeria, November 2015 and now has over 8,000 participants all over Nigeria. Named after the pioneer, Sergey Mavrodi Mondial a Russian who's goal is :
- To create a fair honest financial system
- To make people financially free by providing financial help to each other
- To make people free of debt where they don't have to go to the bank to borrow money or borrow from others when they have needs to take care of
- To create a system where there won't be any masters or slaves (if people have to work, they should work because they love what they do not because they are compelled to)
BENEFITS
- You receive up to 30% rewards of any financial donation you give to any participant in the community
- You get rewarded for inviting any one to the community. You receive 10% of any donation they give in the community. You still get your 30% rewards of any donations given to a participant in MMM if you do not invite any one but you are rewarded if you do invite someone to the community.
- You receive up to 5% rewards from your structure as a guider in the community. A guider is a participant of MMM who has gone through the MMM online school of guiders and knows more about MMM, its community & how it works.
HOW DOES IT WORK?
You know about the popular word 'Contribution' here in Nigeria where people contribute money to one person and there's a book where everyone's name is written. When it gets to your turn; everybody's money is given to you.
In MMM, we make pledges to donate our SPARE money to members who need the money. We do so by logging into our MMM account (Personal office) to make the pledge. We join the queue of people who made pledges after making the pledge.
We ONLY make pledges. We don't gather our pledges to give to one person. In MMM there is NO CENTRAL ACCOUNT (No bank account where all our pledges are paid into). Members transfer money directly to each other.
Now, if a member in the community who has already made a pledge to provide financial help to another member and has fulfilled his pledge now needs help, he does that by logging into his MMM account (Personal Office) to say so.
The system, connects him with the person in the queue for providing help. If it's your turn in the queue to provide help; when you log into your Personal Office, you will receive the details of the person to provide financial help to.
As soon as you pay the money directly into the person's bank account who needs that financial help and that person acknowledges he has received the money, you are now qualified to receive help.
You then log into your personal office to ask for financial help. Someone/people in the queue who's turn it is to provide help will be assigned to pay you 30% of the donation you provided + the donation money itself.
WARNING (Safe Participation in MMM)
Participate with your SPARE MONEY!
(There are no promises and guarantees)
It is very possible that the person assigned to provide financial help to you may not provide that help.If there are no people in the queue to provide financial help, there will be no 30% rewards.
All the system does is to CONNECT those participants who are willing to provide financial help to those participants who need financial help.
However, MMM has proven the system's reliability and have implemented various mechanisms to make donation exchange process more stable and beneficial.
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