In Defence of MMM – ‘MMM Fights Poverty, Not A Scam’


This article was written by one of our readers who read our trending article on MMM in defence of MMM. Written by Awonusi Oluwole, he defended the scheme as a programme to fight poverty and provide financial independence.

Dear Editor,

I read through your post about MMM and in as much it’s good thing to sensitize people on what’s going on, doing so without proof and consultation is not the best.

I have been a participant of MMM for months and they have never failed to redeem their pledges for once.

I wonder why people call it a scam.

Is MMM really a scam?

Is it a scam to have a system that brings a community of people together that financially help one another, willfully, without being forced?

Is it a scam to have a system that creates a platform for individuals to combat poverty at its core?
We always say fighting poverty is a collective effort; Now instead of people stealing, cheating or robbing they join their hands in good heart to provide financially help to one another, is that scamming really?

Is it a scam to see families that couldn’t afford to bring food on the table now able because of the financial help they have received from other members?

Is it a scam to see students who couldn’t afford to have pocket money and monthly allowances in tertiary institutions now able to afford because of MMM?

Is it a scam to see entrepreneurs rising from the capital money raised through MMM and in return they contribute to the economic growth of this country and create employment to thousands?

I will tell you what a scam is?

A real scam is to hinder people to their financial freedom yet encourage them to keep borrowing from your system so that they work for you and pay the rest of their lives if they live that long…A real scam is to have someone work 40 years of his/her life and after retirement that person must take the fruit of his/her years of hard labour and pay the debts and bonds that refused to end because of ever increasing interest rates.

A scam is when your bank sends you an sms alert to inform you that you have earned #0. 50 on your money, and later charge you #4. 00 on the sms alert. Your bank also charges you exorbitantly every month on something you know nothing about ; and there’s nothing you can do other than to keep quiet because you have no choice.

A scam is when your mobile network provider charges you on the service you never make a request for (caller tunes, news updates, etc)

Conclusively, I earn my money legitimately and I can decide how I wish to spend it, so I’m up for MMM even if I fail to get help in return.

Thanks and God bless you.

Do you agree or disagree with Awonusi Oluwole on his argument in favour of MMM? Write to us via:, we will publish your article so far as they coherently tackle the matter.

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