Crowdfunding for residential facilities for students

Crowdfunding for residential facilities for students

Since crowdfunding made its appearance in the Indian finance landscape, it has assisted many thousand people, including NGO project beneficiaries, get access to funds to improve the quality of their lives in some way or the other. In fact, crowdfunding India has been divided into categories for ease of discussing the ways in which it has benefited people. Education crowdfunding is one such group.

With education crowdfunding (as the name suggests), education can be made available and accessible for segments of people who could otherwise not be able to go to school or access higher education for reasons of poverty, distance from learning centres, or their inability to afford basics like textbooks and exercise books and school uniforms.

There is also a peculiar problem that keeps many children out of school in India. When primary school is finished and middle school begins for children around the age of ten or eleven, many village children have to make longer and longer trips to attend school everyday. These daily trips may be physically difficult, or expensive, or risky (particularly for girls). They may even be a combination of these things. Parents respond to the problem by pulling their children out of school, and taking girls out of school a lot more often than boys.

The solution to the problem, thought out constructively, would look completely different, and involve the whole community instead of a few theorizing leaders in their ivory towers. Communities can come together and raise funds, and help themselves build hostels for their children so they can avoid the difficulties of long journeys to school.

Building hostels is not cheap. This is where fundraising India can come in useful. The process of crowdfunding online can emerge as a solution for raising large funds for big, important community projects such as this (related not just to education but also to other social causes). The campaigner, a community leader, can start a fundraiser online, and explain the project goals and fundraising target to the prospective body of donors. Following this, they have to upload photos and videos relevant to the project on the fundraiser microsite. The best part is that starting a fundraiser is free!

The next part if the challenging bit. The fundraiser has to be shared on social media with calls to action to donors everywhere asking them to help with funds. Bit by bit, with each donor contributing a relatively small sum, the crowdfunding target is met.

There is no reason why crowdfunding India can’t help build a hostel for rural youth. Happy crowdfunding!

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