The concept of a crowdfund has bloomed in South Africa, and many people needing financial assistance have found the idea rewarding, as have the donors.
South Africa – South Africa’s most popular crowdfunding website BackaBuddy crossed the R100 million mark. This is a phenomenal amount as it shows just how giving South Africans genuinely are.
The website is a South African based fundraising service that caters to every kind of cause you could think of. Since the site went live in SA, we have shared countless stories about everyday South Africans who have raised money to support various causes. Some of the stories have been downright inspirational!
“As a platform, BackaBuddy allows us to come together as communities to support people and causes that we believe in, regardless of our differences. For every cause, accident or catastrophe that we face, we bear witness to the many who step up when asked to by their peers. This is the immense power that crowdfunding facilitates and which goes far beyond just the funds that are raised.” says BackaBuddy, CEO, Patrick Schofield.
Over 125 800 donors both locally and abroad have supported campaigns for medical fees, tuition and various other causes on the platform. Campaigns with initial support tend to raise approximately R20 000 on average with R800 being the average donation amount.
“In reaching these milestones, we are reminded of the vision the late Alan Beuthin had when creating BackaBuddy and the potential he saw to positively impact the people of South Africa. I think he would have been delighted to see how much we have grown and how campaign creators are collectively shaping an even better future for our country” – says Schofield
We have loved sharing the stories found on the crowdfund platform, and often they inspire you, our reader to donate to a cause that speaks to you.
“To build South Africa as a nation, we need ties that bind us in positive ways. We need to invest in each other and support each other in ways that cross over traditional boundaries. Crowdfunding brings people together in positive ways, around things that we are passionate about, giving us the opportunity to be part of something greater than ourselves” – says Schofield
Well done, South Africa, here is to the next R 100 million!
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