PlusMoney Assisted Fund (PAF)
PlusMoney Assisted Fund (PAF) is an empowerment programme designed to support our clients in promoting existing businesses. This eases the burden associated with getting financial support from individuals and corporate organizations due to bottlenecks and bureaucracy in securing such funds.
With PAF, the beneficiary pays back using the "Other People’s Money" (OPM) scheme through referral bonuses and commissions. No interest or hidden charges are added. Furthermore, you get refunded in cash or rewarded with non-cash incentives when you successfully return the fund without any default within the stipulated period. For every fund you successfully return, you become eligible for a higher fund in return.
How PAF Works
- Sign up for free registration (campaign).
- A Plus Wallet is opened for you.
- Upgrade your account through paid campaigns.
- Apply for PlusMoney Assisted Fund (PAF).
- Get a Corporate Dedicated Account (CDA).
- Refer 4 subscribers who run paid campaigns.
- Your fund will be deposited in your Plus Wallet.
How to Pay Back
What makes PlusMoney Assisted Fund (PAF) different from others is the strategy deployed. In similar funding programs, you have to pay back with your hard-earned money, but here you do not touch your money. This approach helps improve your business because you can reinvest your profits back into the business. With PAF, you use the "Other People’s Money" (OPM) strategy to pay back.
How? You continue to subscribe more PATs (Professionals, Artisans, Traders) until your commissions are enough to offset your fund.