For something you cannot do alone, we can do it easily when we are many.
Something that could take you a long time to do, many people can do it in the quickest period of time.
Working together promotes togetherness among us most especially in emergency times.
Governing Rules And Terms For Plan 23
If you want to know more about Plan 23, in the following paragraphs we are going to the Terms & Conditions (Rules) that you MUST read, understand and agree to before you Register to be come a member of this Investment Plan 23. (See Formulae We Use to convert savings into shares and profits distribution).
1. Gen’ Terms About Plan 23
Rule 1 (A)
A member who wish to JOIN Investment Plan 23, MUST be sure that they have the capacity to contribute a minimum of Ugx: 10,000/- per month either paid in installments or wholly and one with capacity beyond this threshold, can contribute more up to millions or so.
Rule 1 (B)
Any profits Investment Plan 23 makes, after applicable operation charges, will be distributed into the stake holders basing on their Percentage Of Shares. The higher one’s share percentage is, the more they get in sharing of profits. Equality is very emphasized.
Rule 1 (C)
A member into Uncle Jo Investment Plan 23 is advised to only contribute the Little They Can Afford To Lose because this money is purposely contributed for only profit making activities and such activities may be of a long-term. So therefore, don’t expect this money to save you in any of your times of trial or any other emergencies.
Rule 1 (D)
Uncle Jo Investment Plan 23 and the money it is saving, is NOT for lending or being given back in Cash Rounds. No, it is not intended for such purposes but investing only.
2. Savings & Collections
Rule 2 (A)
I and other few members less than 10, have already started on this mission. So far, we are currently saving our monthly contributions in a Joint Account in Stanbic Bank Uganda with only two signatories and its details are provided here below. Account No.: 90 300 174 568 05 Account Names: Joseph sekadda Branch: Aponye Mall, Kampala Bank Name: Stanbic Bank, Uganda.
Rule 2 (B)
Every member should use those bank details and deposit your contribution in there. You’re encouraged to use Agent Banking for your convenience. After making your deposit, immediately snapshot your payment slip and send it via WhatsApp Number: 0752 621 675 for monthly auditing or call admin on numbers provided on the Talk To Us Page.
3. Termination Of Accounts
Rule 3 (A)
The company reserves the right to Accept Or Decline your membership request or termination your membership at anytime we think it’s necessary. If this is a company’s decision, you’ll be notified in a most appropriate means and all your money you have contributed up to that time, will be fully refunded back to you MINUS operation charges ONLY.
Rule 3 (B)
In a Total Of 90 Days (3 months), if a member doesn’t contribute an amount equal to Ugx: 10,000/-, their membership will automatically be terminated and their accounts closed at a fine charge of 50% from their lifetime savings. That 50% will equally be distributed to serious members remaining in the group and you’ll remain with the other 50% in cash.
Rule 3 (C)
A member reserves their Right To Exit this group at any time according to their own reasons. But upon reaching to this decision, a member in writing, will request for an account termination and will be charged a fine of 20% off their lifetime savings.
Rule 3 (D)
A person whose membership was terminated due to dormancy or failure to raise at least Ugx: 10,000 in 90 days, can Re-Apply For Membership at any time they wish. If a person for example pays 60,000/- at once and doesn’t pay again in the next 6 moths, their account will be deemed active untill the 6 months elapse.
4. Others
Rule 4 (A)
As We Grow and increase in numbers, we hope to open up another Joint Account with more signatories where we shall appoint anyone with ability. It may be you or anyone else!
Rule 4 (B)
Although we have started collecting money and recruiting members without a general meeting, we shall not spend any money without conducting an Annual General Meeting with elections where we shall assign powers of administration to qualifying members who will be responsible for investing our money.
Rule 4 (C)
As of now, we haven’t yet decided on how much will be the Operation Charges yet they must be there. There’s still a proporsal that it may be around 10% from a member’s savings. Oviously, there must be some small charges we must agree to that will be used in operating the company in everyday tasks like in Legal processings, Bank Charges, An Office, Directors’ allowances for their dedication, Stationery used and so on.
Rule 4 (D)
The company still needs a more technical/modern CRM Software to manage and synchronize with customer interactions and data.
We want a well organized system where a member can Login, make deposits intot their accounts electronically either by Mobile Money or a Bank Card, view their account details, track their payments history and their shares as they grow in real time. Register Here
