Food surplus is a technology driven convergent marketplace for food items. Founded in 2019 with the sole purpose of helping consumers and resellers source cheap food stuffs in an enabling trade network. Food surplus aims at being the focal reference point for reducing cost of feeding while I earn.
The company started operation in 2023 with plans to establish 100 food stuff collection centres across Lagos by 2025 and a network of 20,000 agents classified under Food surplus independent business owners (FIBO) and Affiliate Marketers.
FIBO agents are independent distributors who creates the market for sub distributors. They enjoy higher margin on products when they purchase a minimum of One Hundred Thousand Naira (100,000) only, per purchase and 3 purchases per month.
Affiliate Agents are independent marketers who creates awareness for the products while they sign on new markets and get a 10% earning on every new signee. They can buy products as low as Five Thousand Naira (5000) only and minimum of Twenty Thousand Naira (20,000) only per month.
However, both class of agents require a one=off registration fee of N10, 000 and will instantly receive a welcome pack food basket. Both can also enjoy a sponsorship bonus with any referral.
There are 5 levels of growth available for all agents under any scheme as stated below:
requires a minimum of 2 signees to start and must buy a minimum of Twenty Thousand Naira (N20,000) worth of product to earn 10% of the signees registration amount and another N8000 when they complete the 14 signee cycle.
requires the 14 signees from promoter level to be active and remain on the platform to earn Thirty Five Thousand Naira (35,000) only bonus.
requires the 14 signees from promoter level to make it to the Gold Achiever level and remain on the platform to earn One Hundred and Twenty-Eight Thousand Naira (128,000) bonus.
requires all the signees on level 3 to meet them on level 4 to qualify an earning of Two, million, two hundred and fifty thousand naira (2,250,000) only.
requires all the signees on level 4 to meet them on level 5 to qualify an earning of Two, million, two hundred and fifty thousand naira (5,000,000) only.
Our partner, Mr. Rohitth Seith is a seasoned Business development executive with over 25 years’ experience in Network marketing and programming. Our agents will leverage on his wealth of experience for a seamless alignment and growth.
