E-cooperative is a
simple system that enable members raise the money they seek for any business
project, make money from their venture, show them ideas on how to manage the
money they have made, and of course show them how that money can be multiplied
using various financial instruments. There are two sides to ecooperative and
you can choose which one you want to be involved in. The first side is the
multilevel part of ecooperative. The second side is the business part.
Some of the services that ecooperative renders are – Fundraising through
cooperative, Online and offline business development, Internet marketing and
training, Online Advertising, Agro-economic ventures, Financial Empowerment
services, Hire purchase service, Micro-credit, eCommerce/Online Shopping and
Skill Acquisition training. A strictly multi-level marketing scheme where your movement to the next level is timed and failure to move could result in leasing your payout.
Pros:
- Minimum investment of N1000
- Business support services advantage
- Generate referrals from spillovers
Cons:
- Compulsory referrals
- Timed movement to next level
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