Herconomy

Herconomy formerly AGS Tribe

Frequently Asked Questions

Frequently Asked Questions

About Herconomy savings

We started Herconomy with a very clear mission – to enable the success of women globally by leveraging technology to provide financial Services, Capacity Building, and Community

Yes, we do. Our office is located at 226 Bourdillon road, Ikoyi, Lagos. Feel free to come say hi!

You can call us on 09076686944 or even contact us on any of our social media pages. Our is located at 226, Bourdillon Road, Ikoyi. Lagos.

This is a one time password used for verifying your phone number and initiating transactions.

Your BVN is essential in order to verify your identity and prevent identity theft. This adds an extra layer of security to your funds and transactions.

If you no longer have access to the phone number associated with your BVN, please contact your bank to have the phone number updated.

The Herconomy community has three subscription plans :-

  1. Gold Plan for yearly subscriptions 
  2. Silver Plan for Monthly subscribers
  3. Bronze Subscription.

 

Gold subscriptions run for a year and give members of our community access to all areas of our app, access to our lightbox sessions and Affinity Network, Our Affinity Network- Members of our community have access to listed business partners’ products and services at discounted rates. This subscription also comes with a special Gold card that allows access to affinity network offerings.

 

Our Silver subscribers have access to our community for a month, this subscription allows them access to our lightbox sessions, job boards etc. Our Bronze subscribers are members of our community that join up for free, they have access to job boards and can chat up other members of the community for free.

Investments

All investment opportunities on Herconomy come with its own protection.

 It depends on the investment opportunity, ensure to checkout infos on each investment to know the minimum

This also depends on the investment as different investment have different coverages

You can use your debit card or Herconomy wallet.

At Herconomy, we make sure all investment opportunities are of maximum safety as thorough investigation are carried out on each investment provided.

In this case, all investments are covered by insurance

Depending on the investment plan interests could be paid daily, monthly, quarterly or annually. And this is paid directly into your Herconomy wallet

Taxes are handled by the government. All you have to do is to declare your earnings as stipulated by the law

Yes. However, to do so, you’ll have to trade the units you own with other existing or new investors.

Discounts

Herconomy Card

To get the Gold Card, simply sign-up for our Herconomy yearly subscription, fill in the form using the link in your welcome email. Card processing and delivery take about Two to Six weeks. On receipt of your Gold card, follow instructions in the Letter to activate your gold card.Your Gold Card works like any other ATM card and comes with digital wallets that allow you to fund it. It can be used at a local ATM and can be used for payments but locally and internationally

Simply, create an account and upgrade your membership to Gold status. Once done, you are entitled to the Herconomy Gold Card

Your card entitles you to discounts from any of our affinity partners. SImply display your card at the point of purchase. Also, your Gold Card works like any other ATM card and comes with digital wallets that allow you to fund it. It can be used at a local ATM and can be used for payments but locally and internationally.

Yes, you can pay for goods and services wherever Visa cards are accepted.

Yes, you can make withdrawals on ATM machines wherever Visa cards are accepted.

In this case, all investments are covered by insurance

Depending on the investment plan interests could be paid daily, monthly, quarterly or annually. And this is paid directly into your Herconomy wallet

Taxes are handled by the government. All you have to do is to declare your earnings as stipulated by the law

Yes. However, to do so, you’ll have to trade the units you own with other existing or new investors.

Withdrawals

Savings

On Herconomy, you can create different savings plan that suits your needs. You can plan your savings towards a particular goal you want to achieve stating the goal and inputting the amount set for the goal. Your monthly savings are then calculated from the information given and will be notified when your goal has been reached.

It’s very easy to start saving on Herconomy. All you have to do is register on the herconomy website or visit Google Playstore or apple store to download our app which is completely free and register. Then complete your bank details into which your withdrawals will be sent to and  also fill in your card details ( MasterCard, Visa or Verve ) with which you would like to make payments. You can then proceed to choose a savings plan best for you

It’s absolutely free.  No charges are deducted for depositing money into your herconomy account

You can start with any amount above N50. To set up Easy-Save, an example is

Daily : #50 – #50,000

Weekly : #1,000 – #200,000

Monthly : #5,000 – #500,000

Your money and personal data are safe and protected. Herconomy is in a partnership with Providus bank, so we use their Microfinance banking license. All your funds are insured, so your money is always safe.

Because your security is a top priority for us, we use Paystack, a PCIDSS-compliant payment processor, to handle your card information. 

Your card information is kept in a secure location where it will never be compromised.

 

In the event that you miss your days, due to system error or insufficient funds. We will continue the attempt to charge your card for 3 days. After the 3rd day, your Easy-Save will automatically be turned off

You can choose to turn on/off Easy-Save as it suits you. Simply login to the web app, click on Vault and visit your Easy-Save settings.

Yes, you can. The more you save, the more interest you receive

Our system will attempt to make a charge on your debit card. In the event that it fails, you will be notified at that instant or via email

After logging in, go to the wallet you want to interact with. Click on the “Accrued Interest” button, and click on “Claim Interest”. Follow the process and your interest will be paid into your Float wallet

Interest is paid monthly and can be claimed from the first of the next month.

You will soon be able to turn on interests. This feature is coming soon. In the meantime, you can choose not to claim your interests

We are determined to provide you with higher interest rates in comparison with the competition. Due to our agreement with Providuus bank and our dedication to you, we have been able to achieve this.

Simply log onto the web app, select the wallet you wish to interact with ensuring you have sufficient funds  and click on “Withdrawals”。Provide an amount and complete the process to make a successful withdrawal

You will be required to pay a 2.5% processing fee.