MySurfer, co-founded by Bongane Shabalala and Kamohelo Mzangwa, is an affordable internet service provider for students, offering packages as low as R250 for uncapped internet for a month. They partner with accommodation providers for students and install their access points (similar to a router) in communes and student accommodation.
They have been around for four years and have grown to R750000 in revenue and over 2000 students, from their humble beginnings of a single commune serving 10 students.
They Just landed the biggest provider of accommodation for students in Bloemfontein, which means they will need to install 200 access points in 175 properties. Earn R100 a month for the next 24 months when you buy an access point, that they will install in these properties, for R1500.
How It Works
- You contribute R1500 (or a multiple of it, maximum is R30000 for 20 access points) to this campaign.
- At the end of the campaign you become an owner of the access point which will be managed under The MySurfer brand.
- For the next 24 months, you will earn R100 per month, per access point.
- this will be paid out quarterly to you
- The entire payment process will be managed by The People’s Fund and Audited by SnB Chartered Accountants & Auditors ( Practice Number 966205)
- The People’s Fund will take 10% of the proceeds (or R10 per month) to administer this.
- You own the access point for two years and then it is passed onto MySurfer after this period.
NB!! First & foremost, we need to declare that this does not constitute financial advise in anyway and that we have made our projections based on historical yields. Buying assets that will be run by a small business is risky and you should only commit money you are willing to lose.
The expected return for this project is R2400. Which means an annual return of 30%.
Put in the rand amount for the amount you would like to buy (Please ensure it is a multiple of R1500).
|Yaseen Parker||R15,000.00||February 28, 2018|
|Kenneth Dipale||R1,500.00||February 27, 2018|
|Lengo Holdings||R16,500.00||February 26, 2018|
|Jabulile Galawe||R1,500.00||February 26, 2018|
|Xolile Mthembu||R12,000.00||February 25, 2018|
|Thabo Maluleka||R1,500.00||February 23, 2018|
|Gerhard De Jager||R4,500.00||February 22, 2018|
|GEOFFREY BURTON||R3,000.00||February 21, 2018|
|Zinhle Mthombothi||R4,500.00||February 19, 2018|
|Lucas Mogashoa||R7,500.00||February 13, 2018|
|Hlobisile Vilakazi||R1,500.00||February 07, 2018|
|Paul Plantinga||R3,000.00||February 07, 2018|
|Nompumelelo Khumalo||R3,000.00||February 06, 2018|
|Mpe-mpe Monyane||R1,501.00||February 05, 2018|
|Marvin Thobejane||R4,500.00||February 05, 2018|
|Brownsense Stokvel||R84,500.00||February 05, 2018|
|Mpho Baisitse||R1,500.00||January 25, 2018|
|Jane Walls Hurwitz||R4,500.00||January 24, 2018|
|Thabo Mashegoane||R3,500.00||January 07, 2018|
|Shireen Motara||R3,000.00||January 05, 2018|
|Akofang Kgomo||R3,000.00||January 05, 2018|
|Ernest Mokotoane||R1,500.00||January 05, 2018|
|Thulani Mbokodo||R1,500.00||January 05, 2018|
|BrownSense Stokvel||R46,500.00||January 05, 2018|
|Palesa Monahadi||R5,000.00||January 03, 2018|
|Dumisa Barnabas||R9,100.00||December 28, 2017|
|Busisani Lembede||R10,800.00||December 26, 2017|
|Khotso Mavuso||R1,500.00||December 23, 2017|
|Emma Byloo||R1,500.00||December 18, 2017|
|Anthea Ambursley||R1,500.00||December 17, 2017|
|Vuyo Klaas||R2,700.00||December 16, 2017|
|Brownsense Stokvel||R53,000.00||December 13, 2017|
|Charles Cracknell||R25,800.00||December 13, 2017|
|Andrew Brown||R3,000.00||December 06, 2017|
|Sharon Mthetho||R24,000.00||December 04, 2017|
|Vusi Mabona||R1,500.00||December 03, 2017|
|Nompumelelo Mabutho||R1,500.00||December 01, 2017|
|Sibonelo Mbongwe||R3,700.00||November 26, 2017|
|Karabo mashilo||R3,000.00||November 26, 2017|
|Tracy CRICHTON||R1,500.00||November 25, 2017|
|Naweed Khan||R1,500.00||November 23, 2017|
|Dean Elson||R1,500.00||November 22, 2017|