Expending our horizons…

This week we were concentrating on crowdsourcing and crowdfunding as a possible options how to help our NGO. We researched few websites and made pros & cons to get a clearer shot.

Crowdfunding

Kiva Zip

Pros

  • Cost %
  • A great community of lenders

Cons

  • Low loan amount
  • Speed of funding 3+ months
  • Some businesses don’t get funded because of lack of lender support, even though they have good endorsement.
  • Invite your own lenders
  • Specific loan terms
  • 15 days to invite the required number of lenders

Overall a great option if your business only needs a small amount and can wait for few months.

Chuffed

Pros

  • Keep 100% of what you raise even if you haven’t hit your target
  • They support 8 different categories which are devided
  • 100% free

Kickstarter

Cons

  • Their goal is to help new artists, musicians, designers not communities
  • If you don’t hit your funding goal in the specified time frame, you don’t receive any of the funds
  • You have to make a video about why you want to raise money

Crowdfunding is not that easy. It comes with a lot of effort and dedication, but if one puts in the necessary work, they can become successful. Crowdfunding is a great opportunity how to introduce yourself and your vision to the larger market and audience. Besides getting the financial support you can receive useful comments, feedback, ideas or find new loyal customers. But of course not every story ends happily and you have to take into account possible risks or failures.

Crowdsourcing

  • Ideaken – collaborative crowdsourcing
  • Innocentive – open innovation problem solving
  • Ideaconnection – idea marketplace and problem solving
  • Onebillionminds – online (social) challenges

Crowdsourcing can be very useful, because it can help in many different ways, for example:

  • Finding solutions
  • Collecting, organizing new ideas, opinions
  • Gathering knowledge
  • Connecting with different people around the world
  • Finding workers etc.

That’s why right now we are considering ways in some of these sites could be useful to our particular cause.

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This Wednesday we also had a chat with Shorty about our newest ideas. We have two of them, which we already shared with her and later in the evening they will appear on the blog. Throughtout the entire week we met up as a group to discuss our ideas and possible actions, which helped us to get a clearer look on our goals and NGO needs. This week seemed the most productive, because we finally sorted out the bunch of ideas we had and picked out the best ones. Hopefully the next week will be even more productive.

Oh Hi!

My name is Agnese and i’m from a small country called Latvia (or to some known as the Potatoland). Since I remember myself I’ve always been into music, art and especially singing. I used to sit all day in my room, turn up the speakers and sing out loudly. Somehow it turned out that my parents weren’t my biggest fans, so they bought me an ipod with headphones. Sadly on that day my singing carreer ended. Apart from that I’ve always been a hockey fan, an enthusiastic traveller and someone who enjoys in their free time crafting.

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How did I end up in The Hague? Well all my life I thought that I’m someone who’s got everything planned out. But last 3 years have been an amazing journey. After middle school I suddenly decided to change school and go for French Lyceum without knowing the language, and after graduating it move to the Netherlands. I feel like this leads to my superpower, which is I’m attracted by unknown roads and possible challenges. I believe that by challenging yourself you step out of the comfort zone into the unknown and actually grow as an individual. That’s why I often try taking risks, because in the end I always learn something new.

Overall I hope that these 3 years in IDE course will not only be educational, but also warm memories filled.

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