THE "SPON"

THIS LIST IS FOR MEMBERS WHO JOINED @ $10, AND WERE ONLY ABLE TO  DEPOSIT AT LEAST $20 IN THEIR NEXT 3 WEEKS. THE DESIGN OF THIS OPTION IS TO MEET YOU "HALF WAY" IN COMPLETING THE LAST 25% OF YOUR CURRENT STR. SO AT MOST YOU ARE STILL REQUIRED TO DEPOSIT $35 BY YOUR FIRST 28 DAYS. OR YOU MAY RECEIVE THE FULL $10 NEEDED, WITH $5 OF THAT AIDED AS A LOAN (EXPLAINED BELOW). ALSO BELOW ARE OTHER OPTIONS ARE AVAILABLE AS WELL.

100 CONDITIONAL GIFT RECIPIENTS (CGRs) ARE PLACED ON THE SPON. UP TO 100 NEW MEMBERS IN THE SAME SITUATION IMMEDIATELY REPLACE THOSE WHO ARE GIFTED, OR WHEN THE LIST IS REVAMPED 48 HOURS LATER. YOU MAY OR MAY NOT BE PLACED ON THE LIST CONSECUTIVELY.

SO GOES THE PROCESS. PATRONS MAY HELP AT THEIR DISCRETION. ALTHOUGH YOU ARE THE GIVER IN THE SITUATION, NEITHER YOU OR THE BENEFICIARY WILL KNOW WHO THE GIVER OR  THE RECEIVER IS. RECIPIENTS ONLY RECEIVE NOTICE WHEN THEY FAIL, THAT THE DONATION IS REVERSED AND DIRECTED TO ANOTHER MEMBER'S PLAN. YOU MAY HAVE THE OPTION TO RECLAIM YOUR DONATION (explained below).

AFTER A DONATION THAT HAS BEEN ATTACHED TO A NEW MEMBER DUE TO THE PREVIOUS ONE FAILING 2 TIMES OR MORE, WE NOTIFY THE PATRON ONLY IF THEY ARE CURRENTLY SAVING. THAT PATRON CAN THEN OPT TO RECLAIM THE DONATION, AND IT WILL BE FORTHWITH CREDITED TO THEIR SAVINGS PLAN. IF THEY OPT OUT OF THE CLAIM, THE DONATION IS REVERTED TO ANOTHER ELIGIBLE MEMBERS' PLAN ON THE SPON LIST.

UNDER THE SAME CONDITIONS, (2 MEMBERS FAILING TO MEET THE DEPOSIT REQUIREMENT), WE WILL AGAIN CONTACT THE PATRON AND OFFER THE OPTION TO CLAIM A 2ND TIME. WE WILL ALSO OFFER TO START A NEW PLAN FOR THAT PATRON.

IF THE PATRON DENIES AGAIN, THE FUNDS ARE MOVED TO AN ACCOUNT WHERE PLANS ARE IN SUSPENSION HAVING A BALANCE OF $20 AND NOT ELIGIBLE FOR A SPON GIFT. THIS IS CALLED;

PROVISIONAL KITTY LOAN ACCOUNT (PKL).

MEMBERS CAN REQUEST THIS LOAN, BUT THERE WILL BE AN AUTO-DEDUCTION AS SOON AS THEIR SAVINGS BALANCE MAINTAINS THE MDR WITHOUT THE HELP OF THE LOAN. THIS AMOUNT MAY BE ANYWHERE FROM $10 TO $20. WE'RE DOING OUR BEST TO KEEP ALL WHO WISH TO REMAIN ACTIVE, ACTIVE.

EXAMPLE: A MEMBER IS SHORT OF REACHING THE STR BY $20 ON THE ACHIEVER PLAN, DAY 25. THEY ARE NOT ELIGIBLE FOR THE SPON (MINIMUM $30 BAL.), BUT RECEIVE AN EMAIL OFFERING THEM A "PKL". THEY ACCEPT THE LOAN AND THEIR PLAN IS SAVED FOR THE MOMENT.

THEY CONTINUE TO SAVE, COMPLETING THE MDR ON THE ACHIEVER PLAN.. ONCE THEIR BALANCE REACHES $220, THE SYSTEM THEN INITIATES AN AUTO-DEDUCTION OF $20, LEAVING THEIR ACCOUNT AT THE BALANCE AT THE MDR REQUIREMENT, KEEPING IT INTACT.

THEY HAVE 3 OPTIONS:

A.THEY CAN CONTINUE TO SAVE TILL THEIR PLAN ENDS

OR

B. INITIATE AN EWO FOR A FEE RELEVANT TO THE TIME LEFT ON THE PLAN (+ W/D FEES),

OR

C. CANCEL THE PLAN AND GET A 60%/40% REFUND WITH ECP CHARGES + CF. 

AS EACH BENEFICIARY IS GIFTED, THEY ARE REMOVED FROM THE SPON AND REPLACED. IF THEIR STR IS NOT SATISFIED, THEY ARE MOVED TO THE END OF THE LIST, BUT CAN REQUEST A PROVISIONAL KITTY LOAN.  

PATRONS CAN GIVE UP TO $60 IN DONATIONS IN THE WITHDRAWAL PROCESS. CONTACT US BY EMAIL IF YOU WISH TO DONATE MORE AT ANY TIME. YOUR DONATION WILL BE DOLED OUT IN THE SPECIFIC INCREMENTS YOU REQUEST, OR BY THE SYSTEM IF YOU PREFER TIL DEPLETED. 

MEMBERS YOU DONATE TO ON THE SPON MUST HAVE AN MINIMUM ACCT. BALANCE OF $30, BUT NO MORE THAN $35.  "SYSTEM PROTOCOLS" WILL DISTRIBUTE YOUR DONATION AS FOLLOWS;

1. $20 SPONSOR DONATION: 1 PLAN DEBIT @ $10, AND 2 @ $5 EACH;

2. $30 SPONSOR DONATION; 1 PLAN DEBIT @ $10, AND 4 @ $5 EACH;

3. $40 SPONSOR DONATION; 2 PLAN DEBITS @ $10, & 4 @ $5 EACH;

4. $60 SPONSOR DONATION; 4 PLAN DEBITS @ $10, AND 4 @ $5 EACH.

5. RANDOM: ALL PLANS @ $5 OR LESS NEEDEDTO COMPLETE RESPECTIVE STRs.

$10 DONATIONS ARE TWO-FOLD; $5 IS GIFTED & $5 IS A LOAN. THE 2ND $5 IS SUBTRACTED WHEN YOUR BALANCE IS $5 ABOVE THE MDR AND IS DIRECTED TO THE NEXT ELIGIBILE MEMBER ON THE SPON ACCOUNT. IF YOU FAIL THE MDR, THAT $10 IS REDIRECTED TO 2 MEMBERS ON THE SPON.

SOUPZ MAY COMPLETE PLANS NEEDING LESS THAN $5 TO SATISFY THEIR STR.

WE MAKE EVERY EFFORT POSSIBLE TO KEEP ALL OUR MEMBERS ACTIVE.

BE A "GIVER" IF YOU CAN!