How does crowdfunding work?

Want to know more about how to fundraise on our crowdfunding platform, what makes it free to use, and how you can benefit from it?

How do I fundraise with crowdfunding?

Crowdfunding is a unique way for the many to help the few through a series of charitable donations, social media shares and exposure. It’s the easiest and the quickest way to get a large amount of people to help provide financial aid for important issues and to help spread awareness.

So how does crowdfunding work?

A common question for people new to fundraising online is “How does crowdfunding work?”. Using social media platforms and the internet, crowdfunding gives people in need a platform that gives a valuable lifeline against mounting medical bills and unforeseen hardships, even providing the opportunity to create the next world changing business. Crowdfunding enables you to donate to a friend, a community project or start your own crowdfunded project with specific goals.

The Rise Of Crowdfunding

The act of crowdfunding has a long history that dates back as far as the 1700’s. Originally originating from projects involving currency, literature and construction, crowdfunding has evolved and changed the way we look at charitable donations. Crowdfunding using the internet first became people in the music and arts communities with a noteworthy crowdfunding project being for the British rock band Marillion in 1997 with $60,000 being raised on an internet campaign to underwrite a complete U.S Tour.

In today’s climate, sometimes the only option some may have is crowdfunding to help cover unforeseen costs. Crowdfunding as an alternative method to raise capital has helped millions all over the world and continues to grow, for example in 2015 over $34 billion was raised worldwide using crowdfunding as a platform. 

How do I start fundraising with Bonfarado.org?

There are 3 easy steps when it comes to creating a successful fundraising project. Following these steps will help your fundraising story gain more exposure and help you achieve your goals.

Start your fundraiser

Tell your fundraising story

Add photos or videos

Set your fundraising goals

Share your fundraiser

Share on social media sites

Speak with friends and family

Organise a mailing list

Manage your fundraiser

Receive donations

Thank your supporters

Withdraw your donated funds

Create a fundraising project today so you can help out a friend or a loved one.

Get a helping hand with bonfarado.org

How are we a free crowdfunding platform?

At Bonfarado.org, our mission is to ensure that all donations that are received go to where they are needed most and that when it comes to charity, profit shouldn’t even be an afterthought. For that reason we do not charge to use our platform and the only fee you will see will be the standard card processing fee taken by the payment provider.

You will have the option to tip us when you donate. This will help us cover general running costs, but it is not required at all. We are happy to provide an easy to use, free crowdfunding platform for those that need it the most. If we all try to raise a helping hand for those in need, the world would truly be a much better place.

Here are some worthy causes that you could raise funds for

Get help with medical bills

Crowdfund to help volunteers

Help with accident costs

Help local animal welfare

Fundraise for a charity or NGO

Raise funds for other causes