MMM SWOT ANALYSIS PRESENTED BY AJANAKU TOPE OF MMM NIGERIA ONLINE GUIDER’’S SCHOOL SWOT means Strength, Weaknesses, Opportunities and Threats in MMM community STRENGTH: 1. There is security in the donation members make since the money does not go to a central account 2. All category of people in the society can access it irrespective of gender and status. 3. The system belongs to the people not to an individual. 4. Donations are made based on the personal will of the participants. The system does not enforce any limit either minimum or maximum that participants can donate. WEAKNESSES 1. Since it does not not operating offline, participants cannot check their account without internet connection. 2. Movement of downlines of new guiders is not automatic and some guiders are reluctant in moving the downlines of new guiders. 3. If a participant is on moratorium, he cannot be matched for the help he has requested but the system will matched such participants if he has offered to provide help. Since such a member is on moratorium, the system would have spared such participant from matching until such account has been verified. 4. There is no central physical structure or corporate offices that members can easily go for complains OPPORTUNITIES 1. It establishes relationship between participants when they have order to pay and also to get help 2. It gives people of all classes equal opportunity to grow their finances 3. It informs participants about the unfriendly mode of operation of the world financial system and inform them how they can better their financial fortune using their spare money. 4. There is an increase in the number of participants every day. In other words, there is no promotional period for participants to join or provide help. THREATS 1. Hackers can hack into members account thereby carry out unauthorized activities on the account which can lead to blocking and that can discourage new participants from joining the community. 2. There is also a notion in some quarters that the system might collapse anytime because of similar experiences people had in other financial social networks. 3. Past experiences of people in Internet investments that has collapsed also make it difficult for some people to participate 4. Actually, there is no absolute Internet security that can secure people’s information in any online transaction. The network and computer is opened to virus attacks