MMM Swot Analysis

Strengths 

• MMM is a dynamic an far-reaching programme available in more than 65 countries around the world,that has significantly reached out to the poor and tries to alleviate poverty in developing countries.It is cheap,afford and simple to comprehend which implies that anyone can do it.
• This programme is also creating employment and constant wages for the unemployed especially the youth.
• The programme is financially strong and pay is divided every quarter since 1916.It is has brought out many livelihoods out of poverty and continues to do so through money lending and growth schemes that is cheap and affordable.

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Weaknesses

• The programme is immensely affected by global recessions,meaning when world markets are experiencing strains the programme also suffers and the prospect of growth is affected  negatively.
• The programme can be easily hacked on the internet and people can claim to be agents.
• It is difficult to convince people to join as most assume that it is a poncy-scheme.
• Some people have opened cases against this programme claiming that they have been tricked.

Opportunities

• Emerging out of poverty-Many people have escaped from poverty especially in developing countries.
• People and their properties are growing in emerging markets.
• People are entering into markets similar as themselves especially in BRICS countries.

Threats

• Red tapes-Laws,rules and regulations in recipient States remains a major challenge.Strict financial laws prevent the entrenchment of the programme.
• Contending players,like banks,play a pivotal role in acting as a barrier.Some banks play the role of bad publicity an discourage their clients to participate in such programmes.
• The Global financial market is liable to frequent recessions which also have an impact on the programme.