Posted On: 2022-09-23 15:53:24
What is Crowdfunding?
Crowdfunding is a way to raise money with the assistance of a big group of people. Typically, these people are the general public or individuals who can donate, invest in projects, causes, or aid something or someone in need.
Supporting a company, project, or operation traditionally entailed asking a select group of people to contribute a substantial amount of funds. By using a crowdfunding platform to communicate with and pitch their concept to thousands, if not millions, of potential investors and donors, crowdfunding flips this notion on its head.
Some of the greatest fundraising systems combine social media with the cause to attract larger audiences and increase donations for the targeted cause.
Social media benefits in generating money, in addition to more conventional networks of friends, family, and coworkers. Social media can have an impact on your campaign and it is the most effective approach to generate money online for any type of charity, social cause, or medical emergency.
With 1393 million people, India has the second-largest population and an unsettling 800 million people are categorized as being in poverty. These people struggle, not simply to pay their debts, but also to go about their daily lives.
Poor children are dropping out of school because they cannot afford the tuition, books, and other necessities. Poor individuals fully rely on their daily income to keep their homes running well, including providing energy, food, and other essentials.
In such situations, the family can't raise enough money to save the affected person if even one family member needs money for medical expenditures. In this case, crowdsourcing can assist the family in obtaining funds to save the affected person.
The use of crowdfunding platforms is particularly beneficial because it streamlines the conventional paradigm significantly by providing the entrepreneur with a single platform to prepare, present, and disseminate their pitch to resources.
Crowdfunding makes it much simpler for any person or group to take advantage of the chance to help those in need in front of a large, interested audience and provide them with more options to support your business, support their lives, or assist someone with their ambition. Understand the ways for making crowdfunding effective.
Benefits of Crowdfunding
Filaantro started with an idea to help individuals or organizations to raise funds through donations for Social, Personal and Charitable causes. Founded in 2019, it is leading with the vision of connecting individuals and communities through its platform and inspiring them to raise funds for the greater good. Filaantro works on a Pan India basis to help and guide those who need monetary support for personal and social causes that are legal.
With more than 500 registrations, 350 campaigns and 8000+ supporters, Filaantro was able to create a positive impact on society. More than 50 campaigns were raised to help children with diseases like cancer, prematurity and congenital heart diseases. 20+ campaigns were raised to improve education quality among underprivileged children who were deprived of basic education. 10+ campaigns were raised to cater to social causes like beach cleaning activity, supporting street animals, empowering women, raising funds for senior citizens and aiming for Zero Hunger, an initiative to end hunger in India.
Filaantro was also able to provide support on the grounds especially in stressful times like calamity relief, Covid, Floods, and Cyclones.
Zero Hunger
As per Food and Agriculture Organization (FAO) report, in India, 20 crore people sleep on an empty stomach each day. India produces enough food to feed its enormous population of 139 crores, but because a major percentage is squandered, 20 crores of people go to bed, hungry.
The Zero Hunger project was launched by Filaantro and its NGO partner Child Help Foundation. This continuous initiative tries to give disadvantaged kids nourishing food. We currently serve hot meals to 2000 underprivileged children in various locations across India, including Delhi, Maharashtra, the North Eastern states of Odisha, West Bengal, Bihar, Jharkhand, Andhra Pradesh, Telangana, Tamil Nadu, and Karnataka. We do this in collaboration with our implementing partner Khushiyaan, volunteers, and other partner NGOs.
You can support the ”Zero Hunger” project today and aim for eliminating Hunger in India. Support today.
Education
Today's world needs education more than ever. It is the foundation of every action we take in society. We have gained knowledge in some way for all we do. The ability to cultivate, mould, and secure one's future lies in education. It alters how people view things and approach life's challenges.
Despite the country's national policy mandating elementary education for all children and a policy banning child labour, more than 50% of Indian children aged 6 to 18 do not attend school.
When you have a limited budget but a need for new tools and materials, crowdfunding might be quite useful. Read our blog to learn how crowdfunding may assist students with limited resources.
In these situations, you can rely on crowdfunding to raise money and support the academic endeavors for the deprived.
Filaantro is a platform that is creating small steps that are stepping stones for a bigger and better tomorrow. Start your journey with Filaantro today and donate for a better tomorrow.
Author: Lubdha Dhanopia
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