Publication:
Crowdfunding's Potential for the Developing World

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-04-07T18:22:45Z
dc.date.available2014-04-07T18:22:45Z
dc.date.issued2013
dc.description.abstractCrowdfunding is an Internet-enabled way for businesses or other organizations to raise money in the form of either donations or investments from multiple individuals. This new form of capital formation emerged in the wake of the 2008 financial crisis largely because of the difficulties faced by artisans, entrepreneurs and early-stage enterprises in raising funds. Crowdfunding takes advantage of crowd-based decision-making and innovation, and applies it to the funding of projects or businesses. Using social networks, social profiles, and web-based communication, individuals and companies have raised billions of dollars in debt, equity, and donations for projects. Building a crowdfunding ecosystem depends on key enablers to build trust. This document explores specific strategies to drive crowdfunding, the risks in crowdfunding and how to mitigate them, and the potential use of crowdfunding in the developing world.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/01/18806928/crowdfundings-potential-developing-world
dc.identifier.doi10.1596/17626
dc.identifier.urihttps://hdl.handle.net/10986/17626
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO BANK
dc.subjectACCESS TO BANK LOANS
dc.subjectACCESS TO CAPITAL
dc.subjectACCESS TO FINANCE
dc.subjectACCOUNTANT
dc.subjectACCREDITATION
dc.subjectALTERNATIVE FUNDING
dc.subjectAMOUNT OF CAPITAL
dc.subjectANGEL GROUPS
dc.subjectANGEL INVESTOR
dc.subjectANGEL INVESTORS
dc.subjectANTI-MONEY LAUNDERING
dc.subjectASSET CLASS
dc.subjectBANK LOANS
dc.subjectBANKRUPTCY
dc.subjectBARRIERS TO ENTRY
dc.subjectBID
dc.subjectBIDS
dc.subjectBONDS
dc.subjectBORROWER
dc.subjectBUSINESS ANGEL
dc.subjectBUSINESS ANGELS
dc.subjectBUSINESS DEVELOPMENT
dc.subjectBUSINESS DEVELOPMENT SERVICES
dc.subjectBUSINESS FAILURE
dc.subjectBUSINESS INCUBATION
dc.subjectBUSINESS ORGANIZATIONS
dc.subjectBUSINESS OWNER
dc.subjectBUSINESS PLAN
dc.subjectBUSINESS STARTUPS
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL FUNDS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCAPITAL STRUCTURES
dc.subjectCASH FLOW
dc.subjectCHAMBERS OF COMMERCE
dc.subjectCLEARING HOUSE
dc.subjectCOMMON STOCK
dc.subjectCOMMUNITY DEVELOPMENT
dc.subjectCONSUMER CONFIDENCE
dc.subjectCREDIBILITY
dc.subjectCREDITORS
dc.subjectCULTURAL NORMS
dc.subjectDEBT
dc.subjectDEBT CAPITAL
dc.subjectDEBT INSTRUMENT
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT BANKS
dc.subjectDIASPORA INVESTMENT
dc.subjectDIASPORA INVESTMENTS
dc.subjectDIRECT INVESTMENT
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectEMERGING ECONOMIES
dc.subjectENABLING ENVIRONMENT
dc.subjectENTREPRENEUR
dc.subjectENTREPRENEURIAL ACTIVITY
dc.subjectENTREPRENEURIAL FINANCE
dc.subjectENTREPRENEURIAL VENTURES
dc.subjectENTREPRENEURS
dc.subjectEQUITY HOLDINGS
dc.subjectEQUITY INSTRUMENTS
dc.subjectEQUITY INVESTMENT
dc.subjectEQUITY INVESTMENTS
dc.subjectEQUITY OFFERING
dc.subjectEQUITY OFFERINGS
dc.subjectEQUITY SECURITY
dc.subjectEQUITY STAKE
dc.subjectEQUITY STAKES
dc.subjectESCROW
dc.subjectEXPENDITURES
dc.subjectFAMILY FINANCE
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL HEALTH
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL LITERACY
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL REGULATIONS
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL TOOL
dc.subjectFINANCIAL TOOLS
dc.subjectFIXED RATE
dc.subjectFLOW OF CAPITAL
dc.subjectFLOW OF INFORMATION
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFRAUD
dc.subjectFRAUD RISK
dc.subjectFUNDING SOURCE
dc.subjectGENDER
dc.subjectGLOBAL ECONOMY
dc.subjectGRAY ECONOMY
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHOUSEHOLDS
dc.subjectILLIQUIDITY
dc.subjectINDIVIDUAL INVESTOR
dc.subjectINDIVIDUAL INVESTORS
dc.subjectINFORMATION SYSTEM
dc.subjectINITIAL PUBLIC OFFERING
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINVENTORY
dc.subjectINVESTING
dc.subjectINVESTMENT ACTIVITY
dc.subjectINVESTMENT ALLOCATIONS
dc.subjectINVESTMENT ALTERNATIVE
dc.subjectINVESTMENT BANKS
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT RISK
dc.subjectINVESTMENT RISKS
dc.subjectINVESTMENT VEHICLE
dc.subjectINVESTMENT VEHICLES
dc.subjectINVESTOR BASE
dc.subjectINVESTOR EDUCATION
dc.subjectINVESTOR PERSPECTIVE
dc.subjectINVESTOR PROTECTION
dc.subjectINVESTOR PROTECTIONS
dc.subjectINVESTOR RETURNS
dc.subjectIPO
dc.subjectISLAMIC FINANCE
dc.subjectJOB CREATION
dc.subjectLACK OF CAPITAL
dc.subjectLEARNING OPPORTUNITIES
dc.subjectLEGAL CONSTRAINTS
dc.subjectLENDER
dc.subjectLENDERS
dc.subjectLENDING REQUIREMENTS
dc.subjectLEVEL OF COMMITMENT
dc.subjectLEVEL OF COMMITMENTS
dc.subjectLOAN
dc.subjectLOCAL FINANCIAL INSTITUTIONS
dc.subjectLONG-TERM INVESTMENTS
dc.subjectMARKET ACCEPTANCE
dc.subjectMARKET EFFICIENCIES
dc.subjectMARKET SIZE
dc.subjectMARKET STRUCTURES
dc.subjectMARKET VALUE
dc.subjectMICRO-FINANCE
dc.subjectMICRO-LENDING
dc.subjectMICRO-LOANS
dc.subjectMICROFINANCE
dc.subjectMOBILE PHONE
dc.subjectNET WORTH
dc.subjectNETWORKING OPPORTUNITIES
dc.subjectNEW BUSINESSES
dc.subjectNEW MARKET
dc.subjectONLINE COMMUNITIES
dc.subjectPERSONAL INCOME
dc.subjectPLEDGES
dc.subjectPORTFOLIO
dc.subjectPORTFOLIOS
dc.subjectPOTENTIAL INVESTMENT
dc.subjectPOTENTIAL INVESTMENTS
dc.subjectPOTENTIAL INVESTORS
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE EQUITY
dc.subjectPROFESSIONAL INVESTOR
dc.subjectPROFESSIONAL INVESTORS
dc.subjectPROFITABILITY
dc.subjectPUBLIC POLICY
dc.subjectPURCHASING POWER
dc.subjectPURCHASING POWER PARITY
dc.subjectRATE OF RETURN
dc.subjectREAL ESTATE
dc.subjectREGULATORY FRAMEWORK
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectREPAYMENT
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRETURNS TO INVESTORS
dc.subjectRISK CAPITAL
dc.subjectRISK CONTROLS
dc.subjectRISK OF LOSS
dc.subjectSALE OF SECURITIES
dc.subjectSAVINGS
dc.subjectSECURITIES
dc.subjectSECURITIES LAWS
dc.subjectSECURITIES REGULATIONS
dc.subjectSECURITY INTEREST
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDERS
dc.subjectSHORT-TERM FINANCING
dc.subjectSHORT-TERM LIQUIDITY
dc.subjectSMALL BUSINESS
dc.subjectSMALL BUSINESSES
dc.subjectSMALL ENTERPRISE
dc.subjectSMALL ENTERPRISES
dc.subjectSOCIAL NETWORK
dc.subjectSOCIAL NETWORKS
dc.subjectSTART-UP
dc.subjectSTART-UPS
dc.subjectSTOCK EXCHANGES
dc.subjectTAX
dc.subjectTRAINING FOR ENTREPRENEURS
dc.subjectTRANSACTION
dc.subjectTRANSPARENCY
dc.subjectTRANSPARENT SYSTEM
dc.subjectVALUATION
dc.subjectVENTURE CAPITAL
dc.subjectVENTURE CAPITAL FUNDS
dc.subjectVENTURE CAPITALIST
dc.subjectVENTURE CAPITALISTS
dc.subjectVENTURE CREATION
dc.subjectVENTURE INVESTOR
dc.subjectWORKING CAPITAL
dc.titleCrowdfunding's Potential for the Developing Worlden
dspace.entity.typePublication
okr.date.disclosure2014-01-16
okr.date.doiregistration2025-05-05T12:24:45.740887Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/01/18806928/crowdfundings-potential-developing-world
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid409841468327411701
okr.identifier.externaldocumentum000461832_20140116154311
okr.identifier.internaldocumentum18806928
okr.identifier.report84000
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/01/16/000461832_20140116154311/Rendered/PDF/840000WP0Box380crowdfunding0study00.pdfen
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicInformation and Communication Technologies::ICT Policy and Strategies
okr.unitEntrepreneurship & Innov - WB (FIEEI)
okr.volume1 of 1
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