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BECOME A MEMBER

Subscription

Subscription is free and individual. The interested party can purchase several coupons from the Diaspora Guarantee and Investment Fund (FONGAD-Invest) in coupons of $50 on our site (click on “Purchase of Investment Coupon(s)”). In addition, you can also buy coupons on site in the USA at the nearest BoA (Bank of America), by depositing into the following account: No: 4460 3973 2288, Name of Beneficiary: FONGAD-Invest SA, LLC. The person who obtains $1000 in coupons will have the privilege of being a member of the General Assembly with the right to vote.

Payment & Transfer

The BoA account is a pivotal account opened to collect funds from the Diaspora, then transfer them to a “Blocked” Account of the Guarantee and Investment Fund for the Diaspora (FONGAD-INVEST). Anyone who wishes can purchase several coupons to better help finance projects and thus benefit from the economic advantages that this provides. A certificate will be given to each member confirming their official title of member of the “Guarantee and Investment Fund for the Diaspora”.

Advantages

Each member will have the advantage of filling a position for themselves or for competent affiliates in future projects in Senegal, projects in which FONGAD-Invest will take 70% of the shares and leave the 30% to future employees who will have the option to buy them in the medium or long term from their monthly salaries. Each member will receive a document on the operating mode of the structure, namely that the funds collected will be permanently blocked in an account and will only serve as a guarantee to raise investment funds for projects approved by the Board of Directors, following the statutes of the Company, as well as the internal regulations.

Unite the Senegalese Diaspora to serve as an engine of economic and social development in Senegal, by promoting a new type of balanced and profitable partnership with the national and international community.

Love and respect for neighbors - Action in the service of the community - The pursuit of excellence

Mobilize the Senegalese Diaspora around the world around the innovative project to raise investment funds for the multiplication of Small and Medium Enterprises (SMEs) - Small and Medium Industries (PMI) in Senegal, primarily in the agro-industrial sector.