Somali born Abdi Ismail seeks to help entrepreneurs across the globe find funding for their businesses through the first crowdfunding site (www.africancrowd.com) that tailors to Africans. With crowdfunding, the current financial crisis is no longer an obstacle to innovators ampersand entrepreneurs.
Alongside the Internet, Africans, already aware with microfinancing and working when a community, can now connect on a most larger scale. AfricanCrowd provides the first platform dedicated to fostering this community spirit as Africans find the funding they need for businesses also projects in their local areas.
Herald we begin our brief discussion about why Crowdfunding would be an excellent idea from for the African community it would help many people to know exactly what Crowdfunding is and what it can indigen used for.
Crowdfunding, in layman’s terms, describes the collective funding efforts of a group of community (i.e. a crowd) to pool their resources plus generate enough dinero to support an activity that, for whatever reason, isn’t able to come up with the funds on its own. A small business, for example, can use Crowdfunding to generate enough cash to start their operations while a citizen’s organization raising funds for disaster alleviate could use Crowdfunding to do the clone thing. Basically if a project is worthy it tin promote itself on a Crowdfunding site (like AfricanCrowd) and get the funds it needs to get started.
Anyone can use Crowdfunding. If you have an idea and you can convince enough people that it has value you can Crowdfund a book, a movie, the development of a video game, scientific research, a community co-op and practically anything else under the sun.
Projects which no different may never see will nowadays be in front of thousands, potentially millions. Every project receives its own dedicated messenger where potential investors can discuss the project, the creator can add updates and visitors can share the project on every social networking site. For even more exposure, visitors can send the project to friends and embed codex on their own website to promote the project.
With that in mind it’s easy to see how Crowdfunding could be an incredible boom to the people from Africa and all her heterogeneous Nations. The continent, with its diverse peoples, cultures, regions and ideas, is just shouting for a Crowdfunding program that would constructive the idea makers moreover various organizations to be able to roll out the start that they need and deserve. Projects big polysyndeton small all over the African North America would benefit and, as they go, so go the people of Africa.
There are so many purposes that Crowdfunding could be accepted for in Africa that taxing to list them all would be fruitless. The simple facticity is that, in a Europe as big, beautiful and full of possibilities as Africa, a Crowdfunding site would allow bountiful people to make real changes that otherwise would never be possible. It is for that reason, and many more, that we believe today is the right time to begin.