Tuesday 8 December 2015

The best free crowdfunding tools for the majority world

I was in Nepal for 2 months earlier this year (following the first devastating earthquake, I was there for the second) to support the Global Ecovillage Network response in Nepal. During this time, I worked with Nexus Culture Nepal to develop a range of funding streams. As part of that, I researched crowdfunding tools and found that some of the best are actually free.

All crowdfunding websites can receive donations via credit card from anywhere in the world. However, thare will be some restrictions on what countries they can pay to, due to different laws in every country.

Chuffed
Australian based Charity - although you do not need to be in Australia. Crowdfunding platform for social causes - funds can go to individuals or organisations or companies. Chuffed does not charge any fees. However, credit card fees are charged by the credit card processor (30c + 2%-2.9% per transaction). Funds will be transferred to your bank account in Australia, USA, UK or Europe. For other regions you need a paypal account.

Betterplace
Charitable project of a German software company. Charge no fees and pay all the credit card processing fees themselves. They even have a network of philanthropists who may provide additional financial support to your project. Will send money anywhere in the world, however, if you are not a registered charity in Germany you can only receive up to 2,500Euros per quarter in donations.

Youcaring
USA based crowdfunding site. No fees except the credit card fee charged by the payment processing gateway.

Generosity
Free USA based crowdfunding platform by Indiegogo, one of the biggest crowdfunding companies. For individual and social cuases. No fees except the credit card fee charged by the payment processing gateway. According to the website, in most cases, a donation to a personal fundraiser is considered a gift and not taxable income to the campaign owner (but best to check with an accountant).

Crowdzilla
UK based charity Provides financial support, through on­line crowdfunded donations, to local businesses in the developing world with the aim to promote growth, education, and training to local communities and generate employment and new services.

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