In 2014, I used KickStarter.com to obtain funding for LifeLessonsForAll.com. It was a good/learning experience - the first time I used crowdfunding for a project. I learned a lot.
Backers or investors can range from the small/average man to financial institutions. Crowdfunding can be used to finance not only small projects but large-scale projects and businesses online. I am not surprised that crowdfunding is touted as a financing model that has tons of potential for developing countries.
It appears that crowdfunding is not used a lot in Guyana just yet.
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