Crowdfunding Ghana

5 Top Crowdfunding Platforms in Ghana

“I for lef Ghana” (in English translation: “I want to leave Ghana”) is a pidgin phrase heard among the Ghana youth. One cannot blame their sentiment. All commodities in the country are now far more expensive than they used to be. Food prices have risen by 30% within one year. Energy costs and inflation have also climbed sharply.

The economic crisis leaves pressures on both the Ghana government and its citizens. Most apply for debts or eat less to live through poverty. Some have invited the generosity of others through crowdfunding to have money in their pockets.

What is crowdfunding?

Crowdfunding is a great way to fund your next project or business venture. It is an online fundraising method that allows individuals or organizations to raise money for a purpose. It is a relatively new concept that started in the early 2000s. And yet, crowdfunding has been growing rapidly over the past few years.

Read on to discover some of the top crowdfunding platforms in Ghana.

No. 5 FundRaisingAfrica

Started in 2021, FundRaisingAfrica is relatively new in the crowdfunding scene. The site is open exclusively for now to causes or businesses operating within Ghana. Anyone can fundraise for any project. They get all the funds raised with a 5% platform fee deduction. But, project owners are limited to running them within three months.

No. 4 Go Get Funding

Go Get Funding is the go-to platform for community-related campaigns in Ghana. The platform is available for support worldwide. But having your project published in an already-crowded space will be challenging to stand out and be noticed by potential donors. Also, donations are charged with a 6.9% platform fee.

No. 3 Kickstarter

Kickstarter is a donation-based crowdfunding platform with an all-or-nothing clause. If you have not achieved your set goal, all donations are refunded to the supporters. That is why only a few projects are available from Ghana. The platform is best for entrepreneurs. So, if you have a product idea, Kickstarter could be for you.

No. 2 Frankly Green

Frankly Green is an investment-based crowdfunding platform. It is available only to green-related businesses with social impact. Projects undergo strict review and must pass all criteria before getting investors. The company is Germany-based but operates in developing and emerging countries such as Ghana.

No. 1 Airfunding

Airfunding is a donation-based crowdfunding platform. It is available in Ghana and other select countries for any fundraising campaign – from community projects to medical assistance. More than 1,000 Ghanaians have trusted Airfunding to help them with their financial needs.

Raising Money in Airfunding

Have the campaign to fund? Here are some Airfunding tips to have a successful project:

✓ Account verification. To get your funds at the end of your campaign period, make sure your Airfunding account is all set up. Here’s a quick guide on how to verify your account.

✓ Details. Details. Details. Proper detailing of your campaign is something supporters will look for. They want to see where their money will be going and how it will help you. Mitsuo Ishimoto did just that to raise funds for the Farm for Livelihood Association in Ghana. With the information he shared on the project, they raised $2,728 (GH₵ 22,229.88) within a month.

✓ Standout with creativity. Thinking outside the box will help you achieve your financial goal. You can include photos to tell your story. In Airfunding, you can upload videos as well if you want to better showcase your project.✓ Play with emotions. Using the right words in telling your story will attract supporters. Showing how passionate you are will excite your donors and support your cause. Daniel Adams from Ghana shared his desire to finish his education on his Airfunding project. One month of sharing his dream with supporters led him to raise $1,575 (GH₵ 12,834.33).

Debt No More, Ghana!

Join Airfunding today and pool together money to support your cause. Loans will just take months to get approved. In Airfunding, you can get the financial help you need with just a few clicks. Start your fundraiser today!

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5 Common Myths About Crowdfunding

5 Common Myths About Crowdfunding

Crowdfunding is an innovative way to raise funds. The rise of crowdfunding in the early 2000s started global communities connecting people with the same vision and values.

What is crowdfunding?

Crowdfunding is a new way to fund different projects – medical assistance, disaster relief, community development, travel fund, school tuition, business capital, pet care, and so much more. It is a method of raising funds with the help of a large number of people. Online crowdfunding platforms made it easier than ever to raise money worldwide with its remote support feature.

But there are some common misconceptions about crowdfunding that may hold you back from taking the next step. In this article, we debunk five popular crowdfunding myths so you can clear your path and raise funds today.

Myth #1: Crowdfunding is only for big companies.

Many people think that crowdfunding is too complicated for small businesses. Thus, they opt to believe that crowdfunding is only for big organizations. In reality, crowdfunding is for startups or even ordinary individuals too! There are now hundreds of thousands of small businesses crowdfunding to raise capital. Small nonprofit organizations use crowdfunding to raise money for their cause.

Myth #2: Crowdfunding is exclusive to the rich.

Not true! Anyone can start a fundraising campaign on crowdfunding platforms like Airfunding. As long as you have a story to tell, funds to raise, valid documents, and a bank account, you can start crowdfunding anywhere, any time. Check out Ana from Mexico and see how she raised more than $13,000 for medical bills.

Myth #3: Crowdfunding is not safe.

The modern digital world has many threats nowadays. Your anti-virus software may no longer be able to cope with keeping your data safe from cyberattacks. In Airfunding, we need to keep our community protected against hackers. Multiple layers of security have been put in place within our platform so your donations get to you safely. You may read more about it from our Terms of Use and Privacy Policy.

Myth #4: Crowdfunding is expensive.

A lot of people say that they cannot afford to raise money. It is a myth! You can open a fundraising project in Airfunding for free! No cash out is needed so you don’t have to worry. An 8% platform fee will be deducted from your donations once your funds are processed for transfer.

Myth #5: I need to have a huge social media network when crowdfunding.

Truly, you don’t. Individuals like Eduardo can tap into a network of supporters through crowdfunding platforms. These could be supporters they cannot get on their own. Airfunding has more than 134,000 supporters worldwide. You can be assured that help will come to your door when you least expect it.

Get funded with Airfunding

Now that those myths are out of the way, get started with your fundraiser in Airfunding now. Airfunding is a donation-based crowdfunding platform. More than 639,000 have told their stories in Airfunding to connect with supporters worldwide.

You can join them too by signing up today!

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financial assistance Nigeria

What kinds of financial assistance are available in Nigeria

Food price inflation rose again at the start of this year’s second quarter in Nigeria. It, together with a depressed jobs market and devalued currency of naira to dollar, casts a huge cloud over the country’s economy. Both rich and poor are feeling the change in rising costs of living. And, many are looking for ways to get financial assistance in Nigeria.

Getting Financial Assistance in Nigeria

  • There are limited ways to personally make money online or offline in Nigeria. Much of the financial aid from private foundations goes to the government fund. The funds are then used for different social programs related to health, agriculture, financial services, women empowerment, and other programs for marginalized communities. A popular foundation that has long been supporting the Nigerian government is the Bill & Melinda Gates Foundation.

    But there’s one method that has become a trend for some of the country’s citizens. And that is through crowdfunding.

What is Crowdfunding?

Crowdfunding is an innovative way of raising funds from a large number of people. Many people around the world have used it to fund their dreams. Crowdfunding allows anyone to create a project on a website and ask others to donate money. The donation may also be in exchange for rewards.

Crowdfunding in Airfunding

Airfunding is a donation-based crowdfunding platform available in Nigeria and other select countries. It allows anyone to open a project and ask others to donate money towards its goal.  More than 634,000 have trusted Airfunding to help them fund their dreams through crowdfunding.

✓ Free registration. Looking into your situation, you may not have money to shell out for a paid giving platform. It’s a good thing registration in Airfunding is free!

✓ Easy to use. As the old saying goes, time is gold. Researching for financial assistance can take hours. That time could have been spent collecting donations instead. Airfunding provides tips every step of the way and has a user-friendly interface to kickstart your fundraiser.

✓ Hundreds of success stories. Starting an online fundraiser could be intimidating at the start. Read through stories from hundreds of individuals who achieved their dream through Airfunding. Here’s Humanity and Community Development Foundation’s story you can start with. It took them 2 months to raise the funds they need, but it was worth it! So can you!

✓ Shareable fundraiser. Social media has become a popular and easy way to do crowdfunding. On your Airfunding project page, you and your friends can share to any social media platform with a button. It is how Tunde Lawal did it for his fundraiser.  By sharing it with his network online, he raised $1,465 (₦ 608,517.05) in 6 months.

✓ Customer service. When things do not go based on plan and you need help, you can check out the Airfunding Support Portal. Still can’t find an answer? Submit a ticket any time.

Start an Airfunding project today!

If you are looking for a quick way to make some extra cash, start an Airfunding project today. It is one of the fastest-growing forms of crowdfunding available online. With Airfunding, you can raise money for any type of project – medical, disaster relief, education, business capital, or travel.

Visit Airfunding now!

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June 23, 2022 AirFunding Infomations No comments yet
financial assistance Malaysia

What kinds of financial assistance are available in Malaysia

Malaysia is an upper-middle-income country based on the World Bank Group report. It leaves a small number of households within or below the poverty line – less than 1% of the population. However, Malaysia is experiencing food and oil price hikes, ongoing pandemic situations, and labor force challenges. The poverty population may go higher over time.

Because of this, financial resources may be a concern not only for the poor but for every Malaysian citizen. So how do you get financial assistance in Malaysia when you need it?

Ways to get financial assistance in Malaysia

  • Personal donations from family and friends. The use of eWallet in Malaysia has boomed in 2019 with more than 53 platforms available in the country. It eases sending money to anyone using only a smartphone. It makes requesting financial help from family and friends easy, especially if you are far apart. But, this method is quite limited to your network and their financial capacity. It may, in turn, be not enough for your needs.
  • Malaysian Government Welfare Assistance. The government has made it easy for its citizens to request financial help through its online portal. You can apply for financial help for children, single parents, senior citizens, people with disabilities, medical assistance, and more. Getting financial assistance from the Malaysian government could be tedious. They need requirements and a long processing time. If you opted for this option, make sure you have enough lead time up to the time you get the money.
  • Private financial institutions. There are more than 50 financial institutions in the Malaysian banking sector. You can send them a loan application with your desired amount to receive. Most of these banks offer fast approval processing – but only if you provide the required documents and pass the credit score.
  • Private industry-related institutions. Depending on the purpose of your financial need, you can find a private institution related to it. For example, if you are looking for school tuition funds, you can find a university offering scholarship funds. If you are looking for medical financial assistance, you can find a hospital that has medical funds to support those in need. The process might be time-consuming because of the research needed. Also, to get a high probability of getting the financial help you need, applications must be done from one institution to another. Applying to just one might be risky and may be rejected.
  • Crowdfunding. Crowdfunding activities have popped up all over the globe at the start of the pandemic. Crowdfunding is the solicitation of money from a large number of people to raise funds. Online crowdfunding has already been proven by multiple platforms to be safe with security protocols in place. Creating an online fundraiser will also increase the potential of receiving an amount more than the actual amount you need.

Crowdfunding in Airfunding

Airfunding is a donation-based crowdfunding platform available in Malaysia and other select countries. More than 630,000 have trusted Airfunding to receive financial help around the world.

✓ Fast and free registration. Setting up an Airfunding project is simple. Determine your fund goal, write up your story, and pick the date when you want to receive your funds. In a few minutes, you’re on your way to receiving donations from all over the world.

✓ Financial assistance for anyone. The donations do not have to be yours. You can select another beneficiary to receive the funds. Airfunding provides a platform for a community to help each other out remotely. It is how Shabaz Munir helped a deceased friend’s family through Airfunding. In 12 days, their community raised $5,393 (RM 23,834.36) to support his wife and two-year-old son.

✓ Fundraise for anything. People come to Airfunding for all types of financial needs – medical, disaster, business, education, travel, and even for your pets. Surprised? Here’s a story of Syed and how she rescued a cat’s life through Airfunding.

Start an Airfunding project today!

Considering starting a crowdfunding campaign for your financial need? Start a project for yourself, a loved one, or a charity in Malaysia now.

Visit Airfunding now!

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June 15, 2022 AirFunding Infomations 23 comments
financial assistance

What kinds of financial assistance are available in the Philippines

The Philippines has reached a 90% learning poverty among school-aged children in 2021 (World Bank Report). It means a massive percentage of future laborers cannot read and understand simple texts in the country. It also means that these incoming workers will not have the opportunity to earn high enough wages to support their families.

So if they will not be earning enough, what can they do to make ends meet? Let us go through them one by one.

Ways to get financial assistance in the Philippines

  • Having 2 to 3 jobs. Filipinos are still dependent on their employment wages to earn money. But most of them steer clear of poverty by working 2 to 3 jobs a day. So if you have enough time and energy, this could be a solution to your financial problems.
  • Government financial assistance programs. The Philippines government has many financial help programs available to its citizens. Different financial assistance programs are available related to business, medical concerns, disaster relief, education scholarships, housing loans, and more. Because of their many programs, the amount you can receive is not that high. Applications are also subject to many requirements and a high risk of being declined.
  • Bank loans. Cash loans from private financial institutions are available for Filipinos. You can apply for personal loans according to the amount you need. Like government loans, many requirements are needed. Also, background checks will be conducted to verify your eligibility for credit. If you have a good credit score and good standing with your bank provider, this could be a good option you can try.
  • Donations through crowdfunding. Crowdfunding increased popularity among Filipinos, especially at the start of the pandemic. Crowdfunding is the solicitation of money from a large number of people to raise funds. It is easy, fast, and effective when raising money for your financial needs. If you are comfortable reaching out to family, friends, or even strangers, crowdfunding is perfect for you.

Crowdfunding in Airfunding

Airfunding is a donation-based crowdfunding platform. It is open to select countries including the Philippines. More than 620,000 have trusted Airfunding to receive financial help around the world.

✓ Free registration. Anyone at any time can create an account for free. You can even open a fundraiser for other people like how Ma Rie did it. Her Airfunding project provided financial assistance to her coworker who had an untimely death. The funds raised amounting to $2,380 (₱125,759.20) were donated to the coworker’s wife and two kids.

✓ Setting up is easy. Tips are available along the way so you can construct a heartwarming story like Bernadette’s. Stories like these will surely attract supporters. The story of Bernadette’s aunt captured the hearts of many supporters. It was able to raise a total amount of $1,437 (₱75,931.08).

✓ Receive funds worldwide anytime. With an open-to-the-public project, anyone can donate to your fundraising campaign any time, anywhere. You may even be surprised to raise funds more than your set goal like what happened to Jerson! Jerson received donations within one month through his Airfunding project amounting to $3,235 (₱170,937.40). The amount is double his projected goal of $1,500!

Start an Airfunding project today!

Inspired to receive financial assistance through crowdfunding? Start an Airfunding project here. Remember to share your project link with family and friends to help you raise more funds.

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June 9, 2022 AirFunding Infomations 85 comments