If you accept to provide help of N100,000, the bank account of either one person who requested for help of N200,000 or a number of people whose total request is N100,000 will be sent to you to pay the money into, which you have to pay. Paying this money will allow you to be qualified for ‘help’ as well. But it goes more than that. Paying N100,000 you get N130,000 as help.
Here is how the extra N30,000 is derived. Once you have the N100,000 in the system, you earn 1percent of your investment every day. In 30 days that make the N30,000. But the money is actually not an interest.
All monies on the scheme is called ‘Mavro’. So your N100,000 is converted to 100,000 Mavro. Each Mavro is not really money, but a unit of trust or a unit of ‘helperbility’. So for you to leave your 100,000 in the scheme, you earn 1% on your helperbility. Meaning the more you are willing to help the more help you can get. This helperbility you earn can now be converted to Naira at N1 to 1Mavro.
However, it is not necessary at all to wait for a month. Help can be requested at any time. But only after confirmation of your Mavro. One gets confirmed after actually transferring money to someone who needs assistance.
The scheme goes on and on as long as there are more people to give out their money to people who need it.
Discussion about this post