Crowdfunding Platform Helps Women In Developing Countries Find Capital

Crowdfunding Platform Helps Women In Developing Countries Find Capital
Retail

Womentum is giving women a chance to build their own businesses

Leo Lutero
  • 10 august 2017

Following the likes of GoFundMe and Kickstarter, Womentum makes it easier for women entrepreneurs to find funding in otherwise challenging situations. For example, in Ghana, a woman named Hawa is using the crowdfunding platform to raise money to spread the use of a helpful invention: the cassava grating machine. Her machine reduces the four to eight hours it takes to process cassava by hand into just 30 minutes, making life easier for women in the industry like herself.

Other women raising funds on the platform live in Uganda and rural India. Through Womentum, these women may gain access to capital to expand access to solar power in their regions and start other businesses. As a non-profit, Womentum does not take a cut from the donations.

Womentum

Following the likes of GoFundMe and Kickstarter, Womentum makes it easier for women entrepreneurs to find funding in otherwise challenging situations. For example, in Ghana, a woman named Hawa is using the crowdfunding platform to raise money to spread the use of a helpful invention: the cassava grating machine. Her machine reduces the four to eight hours it takes to process cassava by hand into just 30 minutes, making life easier for women in the industry like herself.

+Africa
+Africa
+Asia
+crowdfunding
+entrepreneurs
+ghana
+india
+retail
+uganda
+women

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