Terms of Use

Franchise Making Income Generating Business (FMIB Generative)

Effective Date: May 1, 2025

Welcome to FMIB Generative. By accessing and registering with our platform, you agree to be bound by the following Terms of Use. Please read these terms carefully before proceeding.

1. Acceptance of Terms

By registering as a partner of FMIB Generative, you affirm that you have read, understood, and agreed to all of the terms and conditions stated herein. If you do not agree, do not proceed with the registration.

Note: FMIB Generative reserves the right to take necessary action on your account, including suspension or termination, with or without prior notice. The partner may or may not be informed of such actions.

2. Company Overview

FMIB Generative, short for Franchise Making Income Generating Business, is primarily engaged in the franchising of food carts and restaurant businesses. The platform also integrates a Unilevel Compensation Plan and a mini e-commerce page where partners can earn commissions.

3. Registration & Profile Completion

• Registration requires a registration code which must be purchased from FMIB Generative or its authorized representatives.
• Upon registration, partners are required to complete their user profile within 24 hours. Failure to do so will restrict withdrawal of any earnings.
• Registration fees and codes are non-refundable under any circumstance.

4. Compensation and Earnings

• FMIB Generative uses a Unilevel Compensation Plan. All commissions and compensation earned are credited to the partner’s withdrawable balance the following day after 1:00 AM.
• Partners may share products from the mini e-commerce section. If a sale is made through their referral, a commission will be credited to their account.

5. E-Wallet and Transactions

• The e-wallet inside the system is exclusive to FMIB Generative and is not connected or affiliated in any way with third-party services such as GCash, Maya, etc.
• All top-ups to the e-wallet are final and irreversible. Funds may only be withdrawn via the system’s withdrawal function and are subject to a 10% service charge.
• Service fees charged by third-party payment providers (e.g., GCash, Maya) must be shouldered by the partner.

6. Conduct and Security

• Spamming, fraud, and any malicious activity are strictly prohibited.
• The system is equipped with advanced security algorithms. Any fraudulent activity will be investigated and dealt with accordingly, which may include suspension or termination of the partner's account.
• FMIB Generative reserves the right to terminate any account as deemed necessary, with or without prior notice.

7. Liability Disclaimer

• FMIB Generative shall not be held liable for any losses, direct or indirect, incurred by the partner as a result of system use.
• Termination or restriction of access to services may occur without prior warning and the affected partner may or may not be informed of such action, particularly in cases involving suspected fraud, abuse, or policy violation.
• In case of any issues or concerns, partners are encouraged to immediately contact the admin or support team.

8. System Modifications

FMIB Generative reserves the right to update, modify, or discontinue any aspect of the system or services at any time without prior notice.

9. Data Privacy & Collection Policy

• FMIB Generative collects personal data from its partners including, but not limited to: full name, contact details, address, bank/payment information, and identification documents.
• All collected data is used exclusively for system processing such as registration, withdrawal, top-up processing, Seed submissions, and other platform-related services.
• FMIB Generative does not sell, rent, or lease any user data to third parties under any circumstance.
• We fully comply with the Data Privacy Act of 2012 (Republic Act No. 10173) of the Republic of the Philippines and implement appropriate security measures to safeguard your data.
• Only authorized personnel have access to user data, and such access is strictly for operational purposes.
• By registering, you consent to the collection and use of your personal data in accordance with this policy.

By clicking "I Agree" and registering, you acknowledge that you have read, understood, and agreed to be legally bound by these Terms of Use.

If you have any questions, please contact us before proceeding.