Working modalities and the Rebranded Portal Explained
Working Modalities
The Minimum GD was concluded at N10,000. The Percentage onhold is at 10%All Examples are given with a N50, 000 GD.
Level 1 star: - you get 40% reward of your donation plus the capital invested. i.e. if you donate N50,000, the reward is N20,000 and the capital is N50,000, making it N70,000. Therefore, the system will hold 10% of N70, 000 which is N7, 000 and gives you N63,000.
Level 2 star: - you get 42% reward of your donation plus the capital invested. i.e. if you donate N50,000, the reward is N21,000 and the capital is N50,000, making it N71,000. Therefore, the system will hold 10% of N71, 000 which is N7,100 and gives you N63,900.
Level 3 star: - you get 45% reward of your donation plus the capital invested. i.e. if you donate N50,000, the reward is N22, 500 and the capital is N50, 000 making it N72,500. Therefore, the system will hold 10% of N72, 500 which is N7, 250 and gives you N65, 350.
Star Ranking cum RD percentages increase
| Star Rank | Advantage | Eligibility |
|---|---|---|
| 1 Rank | 40% ROI + 1 S.D | Tks. 0.00 |
| 2 Rank | 42% ROI + 1 S.D | Tks. 3.00 - Non Deductable |
| 3 Rank | 45% ROI + 2 S.D | Tks. 6.00 - Non Deductable |
| 4 Rank | 45% ROI + 3 S.D | Tks. 10.00 - Non Deductable |
| 5 Rank | 50% ROI + 3 S.D | Tks. 15.00 - Non Deductable |
APPENDIX
TFARM - TwinKAS Fixed Account Reserving MoneyPD - Provide Donation. E.g. N50,000 for sampling
Total RD - Total Receive Donation
Count - sequence of participation
20% commitment - The initial money paid out after GD but TwinKAS will be paying for the old members with naira account as LOYALTY PAYMENT (Read more from the FAQ page) while new or members without Current money will pay it out manually.
40% Reward - This is the interest for the 1 star
42% Reward - This is the interest for the 2 star
45% Reward - This is the interest for the 3 star. Etc.
TakeHome - This is the final Received Donation after TFARM
