An MMM SWOT ANALYSIS By Tobi Omolabi

SWOT means Strength, Weaknesses, Opportunities and Threats in MMM community

STRENGTH:

1. There is security in the donation members make since the money does not go to a central account
2. All category of people in the society can access it irrespective of gender and status.
3. The system belongs to the people not to an individual.
4. Donations are made based on the personal will of the participants. The system does not enforce any limit either minimum or maximum that participants can donate.

WEAKNESSES

1. Since it does not not operating offline, participants cannot check their account without internet connection.
2. Movement of downlines of new guiders is not automatic and some guiders are reluctant in moving the downlines of new guiders.
3. If a participant is on moratorium, he cannot be matched for the help he has requested but the system will matched such participants if he has offered to provide help. Since such a member is on moratorium, the system would have spared such participant from matching until such account has been verified.
4. There is no central physical structure or corporate offices that members can easily go for complains

STRENGTH:

1. There is security in the donation members make since the money does not go to a central account
2. All category of people in the society can access it irrespective of gender and status.
3. The system belongs to the people not to an individual.
4. Donations are made based on the personal will of the participants. The system does not enforce any limit either minimum or maximum that participants can donate.

WEAKNESSES

1. Since it does not not operating offline, participants cannot check their account without internet connection.
2. Movement of downlines of new guiders is not automatic and some guiders are reluctant in moving the downlines of new guiders.
3. If a participant is on moratorium, he cannot be matched for the help he has requested but the system will matched such participants if he has offered to provide help. Since such a member is on moratorium, the system would have spared such participant from matching until such account has been verified.
4. There is no central physical structure or corporate offices that members can easily go for complains

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MMM SWOT ANALYSIS PRESENTED BY AJAYI OLAYINKA IN THE 5th BATCH OF MMM NIGERIA ONLINE GUIDER’S SCHOOL

What is SWOT?  

SWOT simple means STRENGTH, WEAKNESSES, OPPORTUNITIES AND THREATS in MMM community

STRENGTH

1.    You can access the Internet worldwide.

2.    It does not belong to individual, it belongs to people.

3.    It's a financial freedom.

4.    It breaks no law.

5.    There is no Central Bank (money distribution is between participant. 

WEAKNESSES

1.    Some members used to upload fake POP.

2.    Some members don’t know how to use internet.

3.    It doesn’t have guarantee.

OPPORTUNITIES

1.    It gives  everybody opportunity

2.    It has bonuses for referral bonuses, guider bonuses, and first timers.

3.    It's fair financial system.

4.    It gives us opportunity to make friends.

5.    It gives opportunity for guider school.                           

THREATS

1.    Those who knows nothing about it gives negative feedback.

2.    Hackers Attacks. Hackers sent scam alert and can cause panic to members

3.    The site can collapse if is not well maintained.

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MMM News: What You Dont Know About MMM (Breaking News of Crash)

I was on my way to Rivers State, from Anambra. I boarded one RTC bus and the journey commenced. All the passengers in the bus were cool and quiet till the moment when we heard from the bus radio, that MMM a.k.a Wonder bank has crashed.

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MMM Nigeria returns 24 hours before promised date

Mavrodi Mondial Moneybox (MMM) in Nigeria has announced that they are open for business, a day earlier than the promised date, January 14, 2017.A ‘freeze’ was put on the ponzi scheme in December 2016.This is to officially inform you that MMM Nigeria is open for business a day earlier than promised!Let’s go there Nigerians!”.The update was accompanied by a press statement, where the administrators explained why they are back before the due date.It reads: “We are now open!!! : “Dear members.

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