Skip to main content

MMM Risks and How To Mitigate The Risk


Always participate with your spare money. Spare money is the money that you have handy now but you don't need for any immediate purposes. We live in the world of risk so risk taking is part of our day to day activities. So no risk no reward.

Why members are encouraged to participate we there spare money is because of the risk involved.

What's MMM greatest risk?

MMM greatest risk is that there might be no one to pay you when you want to get help. How can this risk happen? It occurs the day members stop providing help both new and old. MMM Nigeria kick-started in November 2015, while the global MMM started since 2011 in Russia now spread across many countries.

MMM has been paying Nigerian citizenry since   Nov 2015 and still paying helping people augment their income. The continuity of MMM Nigeria is by the actions and inactions of its members. Once we do our part through regular PH-GH-PH-GH-PH, MMM Nigeria will always stand and will continue helping her members.

When you seat down there avoiding risk taking your peers are out there earning returns from by taking risk. The greatest risk in life is not to take risk at all. If you are risk averse then MMM is not for you.... Risk takers owns the world. Why do we have risk management department in most organizations?

Because risk is always associated with money making.. Success is always associated with risk element. Remember, no central account we pay money to in MMM, money is exchanged among members directly so it's sustainability lyes in our hands...

You indicate to PH on the system and its takes days or weeks before you are b to another member who need help. What does that tells you? That we are very healthy. The number of PH orders far exceeds the number of GH orders.
MMM operates using the transaction dynamic of banks, pension houses, insurance which is crowd funding...

The day depositors ceases to deposit in the bank how will they meet customer withdrawal? Or is it possible for all bank depositors to come to the bank to withdraw at the same time?

There is a measure put in place already by the founder of MMM in the event of GH orders increasing more than GH order. The 30% we re getting now can be increased or decreased anytime in a bid to sustain the system...

Regards.

Comments

Popular posts from this blog

Chat With Npower Online Agent Via NPVN Portal to Resolve Any Issue

After verification in all states, N-Power volunteers are faced with different problems, but I’m going to focus the MAJOR problem: Inability to edit profile in case there are errors in their NPVN Portal. Error in N-Power #volunteer profile could impede the volunteers from getting paid, could deter him/her from selecting N-Power tablets etc. If there are mistakes in either your bank account, or BVN, or name, here the tricks you can use to get edit button back to your portal for you effect the correction. On this particular method: HOW TO CHAT WITH #NPOWER ONLINE AGENT has been tested and worked for most people I assisted. They are not always online, right? If you want to chat with anyone of them the best we found to be the best is between 11am-2:45pm during working days/hours: Main thing on how to bypass this.. @Login to their www.npvn.npower.gov.ng. Even if your login details no longer work for you, you can still apply this method to chat with @npower online consultant. If yo...

Payment Issues About Npower Volunteers

Today I believe I can solve the little problem of payment issues concerning the Npower Volunteers team (FG) For now, some state is still working on the list, while some like they have not submitted a there own list. So my advice for some people that are just bringing information that contradict the real thing. Please, I must say some headmistress/headmaster doesn't know anything about the payment that's the simple truth they are telling you what they feel. The moment they started paying other States like Enugu and Anambra it means they have the comprehensive list so people that should be worried now do having issues with account updating.

Npower: Only BVN/Account Number Can Not Give Someone Access to Withdraw Money

No body can withdraw money from your account with only your BVN. BVN is just like your account number. The most important aspect of your account were as follow; The combination of the following; 1. ATM card number and pin number 2. Your bank registered phone number (i.e the SIM CARD and its number) together with that your particular bank name, and your bank account number/ BVN (one can use it to download and register a new device and withdraw all your money in that particular bank) 3. Your mobile app password and pin number, (when one have access to your phone with this information, he/she can use it to recharge his phone, pay bill or transfer money out from your account) 4. Internet online banking username, password and pin (with this your information, one can have access to your account from any part of the world, he/she can recharge his or her phone, pay bills, and transfer money out from your account.) Most bank provide token, hard/soft token for transaction to take place...