MEMBER REGISTRATION FORM

SECTION 1: PERSONAL DETAILS

SECTION 2: NEXT OF KIN DETAILS

SECTION 3: CONTRIBUTION CATEGORY

Select your preferred contribution plans. You may choose more than one plan if financially capable.

50 Weeks Wealth Plan (50 Weeks)
Example: 2 units = ₦6,000 weekly.
Cash option replaces interest + foodstuffs bonus.
Per Unit Summary
Weekly: ₦3,000 × 50 weeks
Total Contribution: ₦150,000
Maturity Bonus: Cash: ₦27,000 or ₦20,000 + ₦10,000
  • Duration: 50 weeks
  • Weekly payment: ₦3,000 × units selected
  • Units: multiplies your weekly payments and maturity benefits

Daily Contribution Plans (30 Days)
₦1,000 Daily Challenge (150 Days)

Weekly Contribution Plans (12 Weeks)

Monthly Contribution Plans (5 Months)

Annual Contribution Plans (12 Months)
  • All amounts shown are exact.
  • Interest applies only to annual plans.
  • Late payments attract ₦500 penalty.
  • No early withdrawal is allowed.

SECTION 4: RULES & REGULATIONS

PLEASE READ CAREFULLY BEFORE SUBMITTING THIS FORM:

Weekly Payment Obligation
  • All members must make their weekly contribution early on or before the agreed payment day.
  • Late payment is not permitted.
Penalty for Missed Payment
  • Failure to make payment for any week will attract a ₦500 fine, in addition to the outstanding contribution.
No Emergency Withdrawal Policy
  • Once the contribution cycle has commenced, no emergency withdrawal or early access to funds is allowed.
  • Regardless of urgency or personal circumstances, funds can only be accessed on the assigned payout date or at the end of the cycle.
  • Monthly Plans: Funds accessible after 5 months maturity
  • Daily Challenges: Payment at the end of the 150/180 days cycle
  • Annual Investments: Full amount + interest after 12 months
  • 50 Weeks Wealth Plan: Paid at the end of 50 weeks
No Refund Policy
  • Once the cycle begins, no refund of contributed funds shall be made for any reason.
Proof of Payment Requirement
  • All payments must be accompanied by valid proof of payment submitted to the scheme administrator.
  • Payment proofs should be sent to the designated WhatsApp number or email.
Settlement of Missed Weeks
  • Any missed contribution and applicable fine must be fully settled before continuation in the scheme.
🚨 DEFAULT & CHRONIC DEFAULTER CLAUSE
Default Definition
  • A member is considered a defaulter if contribution is not received on or before the agreed payment day.
Repeated / Chronic Default
  • Any member who defaults two (2) times or more within a contribution cycle shall be classified as a chronic defaulter, irrespective of reason.
Corrective & Protective Measures
  • Temporary suspension until all outstanding contributions and fines are fully settled.
  • Restriction from joining future contribution cycles.
  • Forfeiture of bonuses (rice) for annual plan defaulters.
Scheme Stabilization Clause
  • Where repeated default disrupts the scheme and the member fails to regularize their account after reasonable reminders, the scheme reserves the right to take necessary steps to stabilize the scheme and protect other members.
No-Excuse Understanding
  • Members acknowledge that personal challenges, emergencies, travel, or financial difficulties do not exempt them from meeting their financial obligations once the cycle has commenced.
  • Choose plans based on sustainable financial capacity.
Forfeiture & Disqualification
  • Forfeiture of accrued benefits, where applicable.
  • Disqualification from the ongoing cycle.
  • Blacklisting from future participation in the scheme.
  • Loss of interest and bonuses for annual plans.
Final Authority Clause
  • All decisions taken by the scheme organizer regarding defaults, sanctions, and overall scheme management are final and binding.

SECTION 7: LEGAL DISCLAIMER

Legal Acknowledgement & Consent:

By submitting this registration form and participating in this contribution scheme, I acknowledge and agree that:

  • This scheme is a voluntary, private savings arrangement and not a bank, cooperative society, or licensed financial institution.
  • I am joining of my own free will and understand the nature of the scheme.
  • I have fully read, understood, and accepted all rules, contribution obligations, risks, and sanctions.
  • Once the contribution cycle has commenced, all funds contributed are non-refundable until the approved payout date.
  • The organizer shall not be held liable for losses arising from my failure to comply with payment schedules or scheme rules.
  • I consent to the use of my personal and next-of-kin information strictly for administrative purpose.
  • I waive any right to harass, threaten, or dispute the organizer over matters clearly governed by the rules of this scheme.
Financial Understanding
  • I understand that monthly plans mature in 5 months.
  • I understand that daily plans are paid monthly, while challenges are paid at cycle end.
  • I understand that annual plans (₦50k/₦100k monthly) include 5% interest and rice bonuses after 12 months.
  • I understand that 50 Weeks Wealth Plan runs for 50 weeks and pays out at maturity.
  • I have calculated my financial capacity and chosen plans accordingly.
Final Acceptance Clause

SECTION 8: MEMBER DECLARATION

Full Name (Signature):

✅ IMPORTANT FINAL NOTES

  • 50 Weeks Wealth Plan: ₦3,000 weekly × 50 weeks; choose units (hands). Cash bonus ₦27,000 per unit OR Interest+Foodstuffs option.
  • Monthly Plans: All mature in 5 months - choose sustainable amounts
  • Daily Plans: Payments collected monthly, challenges paid at cycle end
  • Annual Investment: ₦50k/₦100k monthly for 12 months = ₦630k/₦1.26M + rice bonus
  • Payment Schedule: Adhere strictly to avoid ₦500 fines per default
  • No Emergency Withdrawals: Plan your finances accordingly
  • Trust & Discipline: This scheme operates on collective responsibility