Relationship between crowdfunding and microfinance: A theoretical approach

Crowdfunding is becoming an important tool to get funds for many projects thanks to web platforms that links funders and backers. Backers can get back from funders some return like equity capital, rewards, interest rates or nothing (donation). Recently, these Crowdfunding tools have been use by Micr...

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Main Authors: Sancha-Navarro, Jesús Manuel de, Sanchís-Pedregosa, Carlos, Oliver-Alfonso, María Dolores
Format: Article
Language:English
Published: Asociación para la Formación y la Investigación en Ciencias Económicas y Sociales 2018-07-01
Series:Finance, Markets and Valuation
Subjects:
Online Access:https://journalfmv.com/en/archive/2018/2/28e7b0b6fb.html
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author Sancha-Navarro, Jesús Manuel de
Sanchís-Pedregosa, Carlos
Oliver-Alfonso, María Dolores
author_facet Sancha-Navarro, Jesús Manuel de
Sanchís-Pedregosa, Carlos
Oliver-Alfonso, María Dolores
author_sort Sancha-Navarro, Jesús Manuel de
collection DOAJ
description Crowdfunding is becoming an important tool to get funds for many projects thanks to web platforms that links funders and backers. Backers can get back from funders some return like equity capital, rewards, interest rates or nothing (donation). Recently, these Crowdfunding tools have been use by Microfinancial institutions to help people living in underdeveloped countries to improve their quality of life. Specially, these institutions have been using Donation Crowdfunding and Crowdlending tools. Moreover, we can establish that when Crowdfunding tools are dedicated to social integration, differences with Microfinance institution way to operate are not clear. In this paper, we try to set factors appearing in the academic literature relating both concepts. Results will help to find points of collaboration between them to get their owns objectives.
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spelling doaj.art-2082cb98b5bb477a91645fb8bdcdec8d2022-12-21T22:57:31ZengAsociación para la Formación y la Investigación en Ciencias Económicas y SocialesFinance, Markets and Valuation2530-31632018-07-0142637210.46503/POYR6349Relationship between crowdfunding and microfinance: A theoretical approachSancha-Navarro, Jesús Manuel de0https://orcid.org/0000-0003-2314-8510Sanchís-Pedregosa, Carlos1https://orcid.org/0000-0002-0943-7335Oliver-Alfonso, María Dolores2https://orcid.org/0000-0003-1347-8284Faculty of Economics and Business, Universidad de Sevilla. Sevilla, Spain. Email: jsancha@us.esFaculty of Economics and Business, Universidad de Sevilla. Sevilla, Spain. Email: csanchis@us.esFaculty of Economics and Business, Universidad de Sevilla. Sevilla, Spain. Email: moliver@us.esCrowdfunding is becoming an important tool to get funds for many projects thanks to web platforms that links funders and backers. Backers can get back from funders some return like equity capital, rewards, interest rates or nothing (donation). Recently, these Crowdfunding tools have been use by Microfinancial institutions to help people living in underdeveloped countries to improve their quality of life. Specially, these institutions have been using Donation Crowdfunding and Crowdlending tools. Moreover, we can establish that when Crowdfunding tools are dedicated to social integration, differences with Microfinance institution way to operate are not clear. In this paper, we try to set factors appearing in the academic literature relating both concepts. Results will help to find points of collaboration between them to get their owns objectives.https://journalfmv.com/en/archive/2018/2/28e7b0b6fb.htmlcrowdfundingmicrofinancefintechcrowdlendingentrepreneurship
spellingShingle Sancha-Navarro, Jesús Manuel de
Sanchís-Pedregosa, Carlos
Oliver-Alfonso, María Dolores
Relationship between crowdfunding and microfinance: A theoretical approach
Finance, Markets and Valuation
crowdfunding
microfinance
fintech
crowdlending
entrepreneurship
title Relationship between crowdfunding and microfinance: A theoretical approach
title_full Relationship between crowdfunding and microfinance: A theoretical approach
title_fullStr Relationship between crowdfunding and microfinance: A theoretical approach
title_full_unstemmed Relationship between crowdfunding and microfinance: A theoretical approach
title_short Relationship between crowdfunding and microfinance: A theoretical approach
title_sort relationship between crowdfunding and microfinance a theoretical approach
topic crowdfunding
microfinance
fintech
crowdlending
entrepreneurship
url https://journalfmv.com/en/archive/2018/2/28e7b0b6fb.html
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