07/07/2024
*WHAT IS CMCS?*
*ONLY THOSE DESTINED TO DIE POOR WON'T READ THIS TO THE END.*
CMCS is a cooperative society which helps its members to overcome household poverty by giving them access to funding up to 14M.
Everyone is required to join the cooperative with a one-time out-of-pocket 8,000 or $6 contribution.
From this pool of fund, each member receives funds in two cycles of 3 levels each.
Funds are disbursed to members on the basis of first come, first serve. That is, in the order in which they registered.
The cooperative in turn organizes its members into contribution groups (ajo, esusu, adashi).
The cooperative uses a unique 9X compounding system to increase the contributions of each member in 2 cycles of 3 levels each.
Each member is recycled back to continue to receive funds from the pool each time they complete each of the 2 cycles.
Although members are encouraged to continuously promote the cooperative and invite new members, referral performance is not a condition for collection of contributions.
However, as an incentive, members who invite new members are generously rewarded with bonuses.
Finally, the goal of the cooperative is to kick out household poverty from Nigeria and the rest of Africa.
This is done by empowering members with funds to startup a business or any project of their choice that may improve the quality of lives of their households.
Now that you know, are you going to join the war against household poverty in Africa?
Fred, aka the Masterfingers,
President.
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