A NEWLY INVENTED SYSTEM,

CALLED “PROCUC SYSTEM”

The easiest System of raising money for business

Prosperous life is around the corner.


“Learn newly discovered Mathematics”

Title of the invention: Procuc System

The invention falls under:    Business studies

    Name of the inventor:   Marco Shigele

                                    DESCRIPTION

Introduction

Procuc System is the latest in Home trade and International trade. Poculization and Procuclization are the effective means of the System. The fundamental raison d’être of Procuc System is to capitalise the under-capitalised business and impress people in their multitudes to participate in production.Through this System, business persons will have access to money for their businesses without collateral. The System aims at enabling people who can not afford to obtain a loan from the bank or any financial institution to have access to money in order to boost business capital. It is also suitable for those who can afford to obtain business loans through banks or other financial institutions to raise their capital. The System is an inspiration to miserable and grumpy people. It is an inspiration in a sense that, there are people who are miserable, poverty-stricken and grumpy due to abject poverty and poverty trap. Therefore, through this System, the great majority of people will have access to business; hence, a promising and optimistic life will transpire. Procuc System can change person’s goals from unachievable ultimate goals set by that particular person as regards his/her affluence desire for life to a prodigious achievement. So, the System can be an auspicious measure to mitigate poverty. Procuc System is absolutely different from Upatu (microfinance arrangement of contributing money to group members in turns), Sole proprietorship (Sole trade), Partnership, Corporation, Society, Co-operative, Joint venture (Joint undertaking), Barter trade system and Joint-stock company. Of all the systems concerning business operation, it is the unique System. Street traders (Road side traders) and Itinerant traders (Peddlers, Hawkers, Market stall holders, Mobile shop traders), Mama Ntilie, illegitimate trade dealers, Middlemen (Brokers, Factors, Commission Agents, Del Credere Agents, Forwarding Agents, Auctioneers, Warehousers and Underwriters)  are not acknowledged as Procuc Operators in the System. The Wholesalers [General Wholesalers, Specialized Wholesalers, Regional Wholesalers, Nationwide Wholesalers, Truck Wholesalers (Wagon Jobbers) and Rack Jobbers] are acknowledged as Procuc Operators. Unit shops, Multiple shops (Chain stores), Departmental stores, Supermarkets, and Mail order business are suitable for the System. Kiosks, Canteens, Tied shops and Automatic vending machines are not entirely accepted to be incorporated in the System.

Procuc System objectives

·         To capitalise the under-capitalised business by exerting a business person to access money without collateral. 

·         To enable people with inadequate capital to establish business.

·         To enable employees who are very busy with their jobs to raise income.

·         To extricate people from extravagance.

·         To impress people in their multitudes to participate in production.

Possible implications of Procuc System to the community

• It can enhance diligence and accountability in business.It can be an auspicious measure to mitigate poverty.

The concept of Procuc System

The term Procuc is derived from three nouns, such as Proprietor, Customer and Client. The nouns are agents of the system. The term is formed from three first letters of the noun Proprietor two first letters of the noun Customer and one first letter of the noun Client. Therefore, Procuc System is defined as the technique used to operate in business by involving three agents viz. the Proprietor, Customer and Client.The study of Procuc System is called Procuciology while a person who studies Procuc System is known as Procuciologist. The Procuc System Initiator is known as Procusysiator

     Procuc System Agents (PSA)

There are three Agents of Procuc System, viz.

• Proprietor
• Customer
• Client

Proprietor

In Procuc System, the Proprietor is a chief Operator of the Procuc and accredited to it. The term Procuc Operator can be used as a substitute for the term Proprietor. Procuc Operator is a person who runs Procuc. The term Procuc refers to the operating business in Procuc System or is any business or project that can generate high rate of returns on the invested capital. The Procuc Operator is the first Procuc System Agent.

Customer

A Customer is a person who adds financial capital to the Procuc Operator Financial Capital. It is possible for the Procuc Operator to have a multitude of Customers. The Customer is the second Procuc System Agent. 

 Client

A Client is a person who purchases Procuc Commodities. Procuc Commodities are products or raw materials that can be bought and sold. There are two types of Clients, viz. Client one and Client two. The Client one buys commodities from the Pocu. He/she can later be the Proprietor. The Client two is a last consumer. He/she purchases Procuc commodities for his/her domestic consumption. This person cannot be a proprietor due to the fact that he/she is a last consumer. In Procuc System, the consumer goods are only bought by Client two. 

PROCUC INTERACTIONS

Interaction refers to a kind of action that occurs as two or more objects have an effect up one another. The idea of a two-way effect is essential in the concept of interaction, as opposed to a one – way causal effect. A closely related term is interconnectivity, which deals with the interactions of interactions within systems. Procuc Interaction involves the interaction between Procuc Operator and Customer, Procuc Operator and Client one, Procuc Operator and Client two, Pocu and Client one, Pocu and Client two and Client one and Client two. There are six types of Procuc Interactions which are:

·         Pocuism

·         Poconism

·         Poctism

·         Clieontism

·         Pocuclieonism

·         Pocuclientwism

Pocuism

Pocuism is the Procuc Interaction between Procuc Operator and Customer. The Customer financially gains from the Procuc Operator. The Procuc Operator ensures the multiplication of Customer’s Financial Capital contributed to Procuc. Thus, the Procuc Operator financially gains from the profit resulted from Customer’s Financial Capital. 

Poconism

Poconism is the Procuc Interaction between Procuc Operator and Client one. The Client one gets major purchases from the Procuc Operator. 

Poctism

Poctism is the Procuc Interaction between Procuc Operator and Client two. The Client two gets major purchases from the Procuc Operator.

Clieontism

Clieontism is the Procuc Interaction between Client one and Client two. The Client two gets major purchases from Client one. 

Pocuclieonism

Pocuclieonism is the Procuc Interaction between the Pocu and Client one. To put it in a nutshell, the term Pocu is derived from Procuc Operator and Customer. The meaning of the term is that, Procuc Operator and Customer operating Procuc as a single entity. In Pocuclieonism, the Customer participates indirectly through his/her capital. The Procuc Operator interacts directly with Client one. The Client one gets major purchases from the Pocu. 

Pocuclientwism

Pocuclientwism is the Procuc Interaction between Pocu and Client two. The Client two gets major purchases from the Pocu. 

Conditions of running Procuc

Procuc System is selective, it should be noted that, not every business qualifies to be Procuc.As a matter of fact, location of the business is the factor to be put into consideration. The point to remember is that, not any business location is suitable for Procuc. Also, there are criteria to be considered for a person to be a Procuc Operator. Therefore, Procuc is highly dependent on the nature of the business, Procuc environment, Procuc location and Procuc Operator. Currently, there are seventeen conditions of running Procuc as prescribed in the book of Procuc System. These conditions characterize eight basic items as follows:-

·         Qualities of a good Procuc Operator.

·         Qualities of a good Customer

·         Procuc environment.

·         Qualities of Procuc.

·         Payment procedures.

·         Proeperio.

·         Procedures to be taken so as to meet the qualities of being a Customer.

·         Breaching of Poculization Agreement.

Mathematical formulae

Newly discovered Mathematical formulae will play the following roles:

·         To calculate Customer’s Financial income per Day (CFD)

·         To determine Customer’s Financial capital Percentage per Day (% CFPD)

·         To determine  Exceeding Days in a week

·         To determine  Exceeding Days in Two Weeks

·         To determine  Exceeding Days in a Month(s)

·         To calculate Customer’s Financial Payment (CFP) at a given CFT

·         To calculate Customer’s Financial capital Withdrawn Amount (CFWA)

·         To determine Customer’s Financial gain Percentage Aid (% CFPA)

·         To calculate Customer’s Gross Financial income (CGF)

·         To find Customer’s Gross Financial Gain percentage (%CGFG)

·         To calculate Customer’s Financial capital Loss (CLF)

·         To calculate Customer’s Financial capital percentage Loss (%CFL)

·         To determine  Remained Approximated percentage figure (RA)

·         To calculate Customer’s Indemnity (CI)

·         To find Customer’s Indemnity percentage (%CI)

·         To calculate Customer’s Net Income(CNI)

·         To determine POCU percentage (% POCU)

·         To calculate Selling Price (SP)

·         To calculate Customer’s Financial Payment Figure (CFPF)

·         To calculate Customer’s Financial Payment Percentage (%CFPP)

·         To calculate Procuc Operator Turnover(POT)

·         To calculate Customer’s Second Regime Payments(CSRP)

How will Procuc System be conducted? (Just a concise summary-, you may consult the book for more information).

Procuc System will be conducted by Customers’ substantial contribution to Procuc as follows:

Procuc System is fantastic, fascinating and creditable. It exerts Procuc Operator to access money for his/her Procuc without Collateral. It is a substantive issue in a sense that it addresses the real life situation of people. In that sense, the Procuc Operator is required to receive 80 percent of his/her Capital as solid contribution to Procuc from Customers. For example, if the Procuc Operator has $5000 as his /her business Capital, he/she will require only $4000 as contribution from Customers. 

By using that percentage term, the Procuc Operator can be able to pay the Customers financial income at different given Commodity Flow Time (CFT). Roughly, running Procuc requires a profit of at least 30 – 40% of the cost price of each cost object within a month.

Procuc System will intrinsically motivate people in their multitudes to participate in production. The higher the Customer’s Gross Financial Gain, the higher the rate of Customers to engage with the System. Example, the Customer’s Gross Financial Gain (CGFG) is Tshs.237,400/= when the Customer contributes Tshs. 500,000/= to Procuc for a nine month – proeperio. Thus, the Customer’s Gross Financial income (CGF) becomes Tshs.737,400/= for a nine month- proeperio. The figure is obtained by using 0.52% as Customer’s Financial capital Percentage per Day (% CFPD) and 5% as Customer’s Financial income Percentage (%CFP).The CGF is very impressive to the extent that every one will admire to make contribution, hence people in their multitudes will participate in production. The %CFPD and %CFP can be altered, depending on the exact nature of the Procuc and Procuc environment. Mutability of %CFPD and %CFP shall not be conducted if Poculization Agreement is already signed. After the First Regime of Poculization or Procuclization, the Customer is allowed to sign a new Poculization Agreement for the Second Regime if he/she wishes to do so.

CUSTOMER’S FINANCIAL SECURITY

Before dealing with Customer’s Financial Security, let us have a superficial knowledge on the following items:

·         Clear concise mechanism of fixing on a person for being a Procuc Operator (you may consult the book for more information).

·         Procuc Operation Mechanism (POM)

·         Customer’s financial payments

Clear concise mechanism of fixing on a person for being a Procuc Operator

As stated earlier, Procuc is highly dependent on the nature of the business, Procuc environment, Procuc location and Procuc Operator. The Procuc Operator must have business license (for sole proprietors), certificate of incorporation (for companies), and certificate of registration for Taxpayer Identification Number (TIN), Statement of Estimated Tax Payable for the Year of Income and inspection booklet as credentials for his/her business. Also, it is obligatory for a Procuc Operator to seek for the legitimacy of running Procuc. The Procuc Operator is required to receive 80 percent of his/her equity capital as solid contribution to Procuc from Customers. By using that percentage term, the Procuc Operator can be able to pay the Customers financial income at different given Commodity Flow Time (CFT). Roughly, running Procuc requires a profit of at least 30 – 40% of the cost price of each cost object within a month. For instance, if the buying price of the cost object is Tshs. 1,000/=, the cost object will be sold at Tshs.1,300/= to Tshs. 1,400/=, or if it is bought at Tshs. 10,000/=, it will be sold at Tshs.13,000/= to Tshs. 14,000/=, or Tshs.300,000/= to Tshs.400,000/= are required as  monthly return in one million (Tshs.1,000,000/=). So the procuc needs monthly high rate of money circulation. In Procuc System, credit history and practical experience in dealing with business of the Procuc Operator should be well known.  Why do we need to be aware of credit history and practical experience in dealing with business of the Procuc Operator?  In order to avoid the situation that can bring the Procuc Operator to the verge of procuc collapse and extricate him from going insolvent. The equity capital of the Procuc Operator should not be on credit. In case a Procuc Operator has credits to either banks or other financial institutions, he/she will just be the legitimate proprietor despite the fact that, the actual equity capital will be calculated so as to enable him/her to  receive 80 percent of his/her equity capital as solid contribution to Procuc from Customers.

It should be put into consideration that, there are some factors that can cause short time existence of any business. These factors include extravagance, improper financial management, failing to secure an adequate bank loan at a critical time, establishing business on credit, accomplishing to repay the bank loan by credits from other financial sources and misdirecting the bank loan. In Procuc System, the Customer’s Financial Capital (CFC) should not be misdirected by a Procuc Operator in order to avoid falling into procuc failure. Therefore, credibility, sedulous attention to business, accountability and entrepreneurial trainings are some of the basic issues to be addressed in business thrive. These issues can help a proprietor to fulfil a hankering for a wealthy lifestyle.

Procuc Operation Mechanism (POM)

In Procuc System there are organised activities that can make the System successful. The objectives achievement of Procuc System requires several agents for diligent execution of the organised activities to ensure the existence of the System. These agents are known as Procuc Operation Mechanism Agents (POMA) viz. Procuc System Team (PST), Banks and the Government. The term Procuc Operation Mechanism is defined as the way how Procuc System Team (PST), Banks and the Government work together in order to make sure that, Procuc System objectives are met by acting according to the prescribed conditions of running Procuc, provided that each agent performs the duties conscientiously and accordingly without any interference. 

Roles of the Government, Banks and Procuc System Team (PST) 

Government

·         To collect tax.

·         To fund the Procuc, especially when it reaches the level of constructing an Industry.

·         To authorize Procuc Operators to run Procuc.

Banks

·         To facilitate Poculization by linking together Customers and Procuc Operators.The list of names of Procuc Operators with their respective bank accounts will be available at the particular Bank.

·         To facilitate financial transactions between Customers and Procuc Operators.

Procuc System Team

·         To intensify public awareness of Procuc System

·         To monitor the progress of Procucs

Customer’s financial payments

Customer’s financial payments are categorised into two parts, namely:

·         Customer’s normal financial payments

·         Customer’s financial payments due to tiocalization

Customer’s normal financial payments

As stated earlier, the Customer’s Gross Financial Gain (CGFG) is Tshs.237,400/= when the Customer contributes Tshs. 500,000/= to Procuc for a nine month – proeperio. Thus, the Customer’s Gross Financial income (CGF) becomes Tshs.737,400/= for a nine month- proeperio. The figure is obtained by using 0.52% as Customer’s Financial capital Percentage per Day (% CFPD) and 5% as Customer’s Financial income Percentage (%CFP). It is not a must for a Customer to be paid the required amount by basing on nine month-proeperio only, but also it can be done at different Commodity Flow Time in accordance with the Poculization Agreement. 

The table below shows the way how Customer’s normal financial payments will be conducted at different Commodity Flow Time

TND	y	ITND	CFT	CFP in Tshs.
8.6	2	7	1Week	18,200
17.2	3	14	2weeks	36,400
34.25	4	30	1 Month	78,000
68.5	9	60	2 months	156,000
137	17	120	4 Months	312,000
274	4	270	9Months	702,000

Payments for 270 days is Tshs. 702,000/= and Tshs.737,400/= for 274days.

Customer’s financial payments due to tiocalization

Customer’s financial payments due to tiocalization are categorised into three parts, namely:

·         Customer’s financial payments due to tiocalization caused by a Procuc Operator

·         Customer’s financial payments due to tiocalization caused by a Customer

·         Customer’s financial payments due to tiocalization caused by Procuc System Team

Customer’s financial payments due to tiocalization caused by a Procuc Operator

Customer’s financial payments due to tiocalization caused by a Procuc Operator depend on tiocalization percentage. The Customer has to choose the suitable tiocalization percentage when signing Poculization Agreement. Check the table below:

The Procuc Operator Tiocalization Table for CGF drawn from CFC=Tshs. 500,000/=,  %CFPD = 0.52%, TND = 274 days and %CFP = 5%

Tiocalization Number (TN)	Tiocalization Percentage(TP) in %	Incremental Percentage( ) in %	B (i.e log10( )) in %	P in Tshs.
1	48	0.52	-0.283996656	740,000
2	49	1.52	0.181843587	745,000
3	50	2.52	0.40140054	750,000
4	51	3.52	0.546542663	755,000
5	52	4.52	0.655138434	760,000
6	53	5.52	0.741939077	765,000
7	54	6.52	0.814247595	770,000
8	55	7.52	0.87621784	7750,000
9	56	8.52	0.930439594	780,000
10	57	9.52	0.978636948	785,000
11	58	10.52	1.02201574	790,000
12	59	11.52	1.061452479	795,000
13	60	12.52	1.097604329	800,000

Where P stands for Customer’s payment due to tiocalization caused by a Procuc Operator and b stands for tiocalization exponent.

Customer’s financial payments due to tiocalization caused by a Customer

Customer’s financial payments due to tiocalization caused by a Customer will be conducted as indicated in the table below:

The table for CGF and I drawn from CFC=Tshs. 500,000/=, %CFPD = 0.52% and %CFP = 5% at various TNDs.

TND	NM	M	CGF in Tshs.	CFL in Tshs.	%CFL	CI in Tshs.	I=CGF+CI in Tshs.
30	1	November-30	103,000	397,000	79.4	9819.33	112819.33
61	2	December-31	183,600	316,400	63.28	18384.48	201984.48
92	3	January-31	264,200	235,800	47.16	19480.35	283680.35
121	4	February-29	339,600	160,400	32.08	16481.92	356081.92
152	5	March-31	420,200	79,800	15.96	35016.67	455216.67
182	6	April-30	498,200	1800	0.36	-	-
213	7	May-31	578,800	-	-	-	-
243	8	June-30	656,800	-	-	-	-
274	9	July-31	737,400	-	-	-	-

Customer’s Financial Security

As the matter fact, 80 percent received by the Procuc Operator of his/her equity capital as solid contribution to Procuc from Customers, can just be possibly repaid back plus its interest (Customer’s Gross Financial Gain). For instance, if the Procuc Operator has Tshs.500,000,000/= as his /her business Capital, he/she will require only Tshs.400,000,000/= as contribution from Customers. The total Procuc Operator Financial Capital will be Tshs.900,000,000/=.The Customers’ Gross Financial Gain (CGFG) will be Tshs.189,920,000/= when the Customers contribute Tshs.400,000,000/=to Procuc for a nine month – proeperio. The figure is obtained by using 0.52% as Customer’s Financial capital Percentage per Day (% CFPD) and 5% as Customer’s Financial income Percentage (%CFP). Tshs.189,920,000/= is the same as 47.48% of Tshs.400,000,000/= or it is the same as 37.984% of Tshs.500,000,000/=.Assume that, the Procuc Operator does business without any financial return for him, but he/she collects money only for paying Customers, for sure he/she will be able to repay back the amount deposited by Customers plus their Gross Financial Gain. For instance, Tshs.474,800/= are required as  nine month-proeperio return in one million (Tshs.1,000,000/=) or Tshs.53,000/= are required as  monthly return in one million to repay back the whole amount required by the Customers. Let us ask ourselves, is it not possible for the Procuc Operator to have access to Tshs.474,800/= in one million (Tshs.1,000,000/=) per proeperio or Tshs.53,000/= per month when effectively conducting business? Answer, it is possible.

Since one of the responsibilities of Procuc System Team is to monitor the progress of Procucs, if it seems that, there is a sign of the business to start bringing low rate of return on capital; tiocalization due to Procuc System Team will take place at that particular time so as to rescue the Procuc Operator from being insolvent. It will also help to prevent Customer’s Financial capital Loss. Tiocalization due to Procuc System Team will be done in close collaboration with the Government and the responsible bank. Interference of poculization agreement by Procuc System Team, will not free the Procuc Operator from debts. The Procuc Operator will be required to repay back the Customer’s Financial Capital plus a certain interest. Also, it is unavoidable for the Customer to pay the Mutable Amount. The Mutable Amount will be paid by the Customer accordingly. Therefore, under the prescribed environment of Customer’s Financial Security above, it shows that the money of the Customer will be absolutely secured.  

Customer’s entry fee and Mutable amount

A Customer will be required to pay entry fee at Prosperio day and Mutable Amount at Proeperio day. The entry fee will enable all services at the bank concerning Procuc System to be implemented and the Mutable Amount will facilitate the roles of Procuc System Team to be played diligently.

THE IMPORTANCE OF PROCUC SYSTEM TO THE GOVERNMENT AND BANKS

The Government will collect the tax from Procuc Operators. She will also collect tax from Customers, especially when they will be able to conduct business due to capital resulted from poculization. The banks will have many customers with ability of obtaining a loan by using collateral.

FORMULAIC TERMINOLOGIES

Procuc System has various terminologies which were formulated from English Language.

Pronunciations of the newly formulated terminologies are found in the book.

THE BOOK

The invention of the System led to the writing of the book, titled “Procuc System”. It comprises of four Topics viz.

·         Introduction to Procuc System

·          Procuc Operation and Business units

·          Poculization and Procuclization

·          Let us invest in Tanzania.

Agriculture, Livestock, Natural Resources, Mining Sector, Manufacturing Sector, Banking and Insurance, Health and Education, Economic Infrastructure and Tourism Sector are investment opportunities existing in Tanzania. These investment opportunities are incorporated in the Topic of Let us invest in Tanzania. Procuc operation is highly dependent on Electronic Fiscal Devices (EFDs) for efficient control in areas of sales analysis and stock control system. Various types of Electronic Fiscal Devices such as Electronic Tax Register (ETR), Electronic Fiscal Printer (EFP) and Electronic Signature Device (ESD) are precisely explained in the book. In addition to various types of Electronic Fiscal Devices, the book encompasses details about advantages of Electronic Fiscal Devices, Features of EFD, Fiscalization, The user of Electronic Fiscal Device (EFD), Rights and obligations of an EFD user, Manufacturers of EFDs, Suppliers/Distributors of EFDs in Tanzania, Rights and obligations of the suppliers, Contents of fiscal receipts generated by EFDs, Contents of Electronic Fiscal invoices generated by fiscal devices, “Z” report, contents of “Z” Report, Cost Offset, treatment of cost offset, practice in case of Electronic Fiscal Device fails to operate and measures to be taken during and after EFD failure. Details about financial transaction, commercial transaction, business units and monetary units of various countries in the World are included.  

In short, get the original copy of the book of “Procuc System” in order to learn the following items clearly:

·         The concept of Procuc System

·         Procuc System Agents

·         Procuc Interactions

·         Triple Mechanism Model (TMM)

·         The fundamental raison d’être of Procuc System

·         Key factors that the bank uses to analyse a potential borrower

·         How will Procuc System be conducted?

·         Conditions of running Procuc

·         Importance of Procuc System

·         Procuc Operators

·         Non-procuc Operators

·         Application of Electronic Fiscal Devices (EFDs in Procuc operation

·         Financial transaction

·         Commercial transaction

·         Business units (Sole proprietorship, Partnership, Joint stock companies (Public limited company and Private limited company), Cooperatives, Public corporation, Local authorities and Parastatal bodies)

·         Similarities and differences between Procuc System and other business units

·         The concept of poculization and procuclization

·         The concept of proeperio, prosperio and tiocalization

·         Exponential Principle of Poculization

·         Newly discovered Mathematical formulae

·         Monetary units

·         Investment, investment climate, reasons for investing in Tanzania and investment opportunities existing in Tanzania

WARNING: IT IS UNLAWFUL TO PRACTICE PROCUC SYSTEM BEFORE GOVERNMENT DECLARATION ON IT.

     IN DAR ES SALAAM,  PROCUC SYSTEM BOOK IS AVAILABLE AT:

1.        EDUCATION MATERIALS CENTRE-BOOKSHOP(MABIBO HOSTEL-UDSM)

  2.      MLIMANI CITY-SCHOLASTIC MATERIALS BOOKSHOP

              PRICE: Tshs.20,000/=

   For more information,  call Marco Shigele through +255765637655/716331697/ 682360792