TINY SEED COOPERATIVE BUSINESS
HOW IT WORKS IN PRACTICE
The full registration fee into Tiny Seed Cooperative Multipurpose Society Limited is $ 25 (N5, 000). This comprises a compulsory non-refundable membership fee prescribed by the law governing cooperative business in Lagos State and in Nigeria generally as well as a start -up capital. In Tiny Seed Cooperative, the constitutional compulsory membership fee is $20 (N4,000) and the startup capital for the crowd funding / network marketing aspect of the cooperative is $5 (N1,000)
No person benefits from the loan services of the cooperative without paying his or her mandatory membership fee of $20 (N4,000) either at the inception of his relationship with the cooperative or in future. In other words one can start his/ her crowd funding business by paying $5 (N1,000) and later pay his $20 (N4,000) if he is interested in the membership of the cooperative which grants him access to the loan services and other benefits. There shall be a minimum monthly savings of $10 (N2000) by all members.
ENTRY POINT LEVEL ($5) You join Tiny Seed Coop and upgrade to level 1 by donating $5 to your sponsor or level 1 upline. Immediately, you become eligible to receive $5 from each of your two (2) level 1 downlines. i.e. 2 x $5= $10.
LEVEL -1 ($10) You upgrade to level 2 by donating $10 to your level 2 upline from the $10 you earned in level one above. Immediately, you become eligible to receive $10 from each of your four (4) level 2 downlines. i.e. 4 x $10 = $40
LEVEL -2 ($20) You upgrade to level 3 by donating $20 to your level 3 upline from the $40 you earned in level two above. Immediately, you become eligible to receive $20 from each of your eight (8) level 3 downlines. i.e. 8 x $20 = $160
LEVEL -3 ($80) You upgrade to level 4 by donating $80 to your level 4 upline from the $160 you earned in level three above Immediately, you become eligible to receive $80 from each of your sixteen (16) level 4 downlines. i.e. 16 x $80 = $1280
LEVEL -4 ($640) You upgrade to level 5 by donating $640 to your level 5 upline from the $1280 you earned in level four above. Immediately, you become eligible to receive $640 from each of your thirty two (32) level 5 downlines. i.e. 32 x $640 = $20,480
LEVEL -5($10,240) You upgrade to level 6 by donating $10,240 to your level 6 upline from the $20,480 you earned in level five above. Immediately, you become eligible to receive $10,240 from each of your sixty four (64) level 6 downlines. i.e. 64 x $10,240 =$ 655,360
LEVEL -6 ($ 327,680) You upgrade to level 7 by donating $327,680 to your level 7 upline from $655,360 you earned in level six above. Immediately, you become eligible to receive $327,680 from each of your one hundred and twenty eight (128) level 7 downlines. i.e. 128 x $ 327,680=$41,943,040
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