The purpose of this challenge is to put the Nguzo Saba (Seven Principles) into action, that we wait until the end of the year to recognize!

Successful

This campaign successfully reached its funding goal and ended 11 months ago

100% Funded
  • $70 Pledged
  • $70 Goal
  • 1 Backers

Ujamaa Investment Circle #2 (Round I)

Ujamaa Investment Circle

Greetings Ujamaa Investors, We welcome you to our 2nd investment circle!

We are not looking for charity, We are seeking investors who want to contribute to a community that builds, supports, and maintains our own businesses and institutions. We are looking for committed investors in this ongoing process.

August 10th 2016 until November 7th 2016 13 weeks/90 days (Campaign begins)

November 8th 2016 until December 7th 2016  (30 day rotations Round’s II-X)

Thursday, May 25th 2017 (1st $50 investment installment)

We chose African Liberation Day because it symbolizes our collective economic freedom and will be our inspiration towards practicing the principle of Ujamaa (Cooperative Economics)!

Payment Outline

August 10th 2016-November 7th 2016 (Round I 3 payments of $35) $105

November 8th 2016-December 7th 2016 ($35 and continued…)

December 7th 2016-January 6th 2017 ($35)

January 7th 2017- February 5th 2017 ($35)

February 6th 2017-March 7th 2017 ($35)

March 8th 2017- April 6th 2017 ($35)

April 7th 2017 -May 6th 2017 (35)

May 25th ($50 investment due)

May 7th 2017- June 5th 2017 ($35)

June 6th 2017- July 4th 2017 ($35)

)July 5th 2017-August 3rd 2017 ($35)

August 4th 2017-November 2nd (Three $35 payments)

We ask that each member considers joining our online Nguzo Saba Challenge 2016, click on the link below to join. Rotation payouts will be done by random selection for the purpose of finding the order, all members joining after will join the bottom of the list.

Once 1st circle meets its capacity of 21 investors we will begin a new circle. Our goal is 10 circles of 11 or more investors by January 2017! We ask that our circle winner’s contributing $50 or more each rotation toward our investment account!

We will repeat the same process January 2017 ! January 2018 we will begin our first Ujamaa 365 all investors will contribute $35 per month. Those funds will go into an investment account where all members will submit investment proposals with set requirements agreed upon by the investors January 2019-May 24th 2019.

We will then cast our votes Saturday, May 25th, 2019 African Liberation Day where we will celebrate our first collective investment initiative!

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