THE TRUTH ABOUT MMM NIGERIA
The acronym MMM
simply means Mavrodi Mundial Moneybox. Some people even refer to it as Money
Making Machine. It is founded by Russian Business Man Sergey Mavrodi.
MMM is a community of ordinary
people, selflessly helping each other, a kind of the Global Fund of mutual aid.
it is the
world’s largest donation exchange with over 138million participants worldwide
including Nigeria that provides you a technical platform which helps millions
of participants worldwide to connect those who NEED financial help to those who are ready to PROVIDE help,
FREELY.
MMM Nigeria
currently boast of about 400K registered members.
HOW IT WORKS
In MMM you Provide
Help (PH) in order to Get Help (GH). For better understanding, Providing Help
(PH) is like a free will donation while Getting Help (GH) is like a reward for
help provided which comes with a 30% interest in 30 days. This implies that you
get rewarded with 30% on any amount you PH for.
Payment is done
directly into the participants account. For e.g, if you notify MMM that you
want to PH of 100k, MMM will search the system and then match you with the
account details of a participant that wants to GH of 100k. As soon as the match
is done, you will be given 48hrs to pay into that account. Note that for you to
qualify to GH, you must first PH. In MMM your 30days begins to count from the
day you notified MMM that you want to PH and not the day you’re matched for
payment because matching in some cases may take up to a week or more.
After 30days, you can now request to GH of 130k i.e 100k + 30% of 100k (30k) = 130k. MMM will search the system and then match your account details with someone Providing Help of 130k. In some cases, you could even be matched with 2 or more people Providing Help that will sum up to 130k e.g, you could be matched with 2 people Providing Help of 60k and 70k respectively which sums up to 130k. This implies that when the Participant who Provided Help of 130k is due to Get Help of 169k in 30days, MMM will match his/her account details with another participant Providing Help of 169k or 2 or more participants Providing Helping that sums up to 169k and the cycle continues in that order. Simple Logic!!! That settles the question on how the 30% is generated.
After 30days, you can now request to GH of 130k i.e 100k + 30% of 100k (30k) = 130k. MMM will search the system and then match your account details with someone Providing Help of 130k. In some cases, you could even be matched with 2 or more people Providing Help that will sum up to 130k e.g, you could be matched with 2 people Providing Help of 60k and 70k respectively which sums up to 130k. This implies that when the Participant who Provided Help of 130k is due to Get Help of 169k in 30days, MMM will match his/her account details with another participant Providing Help of 169k or 2 or more participants Providing Helping that sums up to 169k and the cycle continues in that order. Simple Logic!!! That settles the question on how the 30% is generated.
WARNING!!!...When a participant notifies MMM that
he/she wants to PH and MMM goes ahead to match the Help Provider with the
account details of another participant in Need of Help, the Help Provider is given
48hours to comply. Failure to comply within 48hours would mean permanent ban
from the system. This implies that you must ensure you have your money handy
before requesting to Provide Help.
Help Provided After 30 Days
N5, 000 N6, 500
N10, 000 N13, 000
N50,000 N65,000
N100,000 N130,000
N150,000 N195,000
N100,000 N130,000
N150,000 N195,000
N200,000 N260,000
N500,000 N650,000
N1,000,000 N1,300,000
Note: There is a onetime
bonus for first donation by participant in the range below depending on the
naira/dollar exchange rate at the time of PH.
This implies that if the exchange rate is 400/$, 50 - 499USD will be equivalent to 20,000 - 199,600Naira. Therefore Help Provided within this range will attract a onetime bonus of $20 (8,000naira)
Choose any amount based on your level btw 5k to 2.6million naira... MMM Nigeria is for real!!!
Choose any amount based on your level btw 5k to 2.6million naira... MMM Nigeria is for real!!!
The "Invite" field should have the
email: stviconsult@gmail.com
While the "Guider Email” is k2ngconsult@gmail.com
IS THE SYSTEM SUSTAINABLE?
The system currently boast of about 400k plus registered Nigerians who are continuously Providing Help and Getting Help every 30days and new people like you are getting registered on a daily basis. And in order for the system to be sustainable, the rate of GH and PH must either be equal or the PH should be higher than the GH. Currently, those Providing Help wait for as much as 7 to 21 days to be matched for payment while those requesting to Get Help are paid within 48hrs. This means that PH out numbers GH by far. Hence, the sustainability is not in doubt. MMM Nigeria has been around since January.
CAN MMM RUN AWAY WITH OUR MONEY?
MMM does not have a central account where our monies are kept. Monies are donated or paid directly into participants account. Therefore, MMM cannot runaway with our money because they don’t have access to it.
HOW DOES MMM BENEFIT FROM THE SYSTEM?
MMM benefits from the affiliate partnership they have with Google and Bitcoin. MMM Guiders which runs into thousands do operate a monetized YouTube account which they registered via MMM and as such, Google pays MMM monthly commission for each of these Guiders. Similarly, MMM gets paid by Bitcoin for members that register an account with Bitcoin through MMM. Note that MMM Global aka MMM united which boasts of over a 100 million membership strictly operates with a Bitcoin wallet account.
ARE THERE RISKS INVOLVED?
Yes there are risks involved. There is no means of making money that does involve risk just that the degree of risks vary. Risk here is tied to the fact the whole donations and withdrawals are coordinated via a website which means if any goes wrong with the website, participants will be in trouble. The founder of MMM is well aware that no matter the good intention behind this system that things can still go wrong and hence, he has made it clear that you partake with your spare money and not your life savings. But bear in mind that if MMM Nigeria collapses for any reason, MMM stands to lose their affiliate partnership with Google and Bitcoin. This implies that the sustenance and success of the system is of great interest to MMM.
As a precautionary
measure, one is expected to remove his/her original money as soon as one makes
a reasonable profit and then continue to Provide Help with profits realized.
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