2011-10-06 08:08:31TrendsEnglishhttps://quickbooks.intuit.com/r/trends-stats/crowd-power-what-is-crowdfunding-infographic/Crowd Power: What Is Crowdfunding? [INFOGRAPHIC]

Crowd Power: What Is Crowdfunding? [INFOGRAPHIC]

0 min read

Since its inception as a way to expose new lines of credits outside of traditional bank loans, microfinance has evolved with the ages. Seeded by the Grameen Bank, industry trailblazers like Kiva and Prosper applied the concept of microlending to the Internet, spawning people-to-people lending. The newest breed of microfinance — crowdfunding — is fast growing in popularity. In this infographic, we take a closer look at how crowdfunding works and how viable it is. Click the infographic for an enlarged view.

Infographic by Column Five.

Rate This Article

This article currently has 3 ratings with an average of 2.7 stars

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

Help Your Business Thrive

Get our newsletter

Thanks for signing up!

Check your inbox for a confirmation email.*

*Check your spam folder if you don’t see a confirmation email.

Related Articles

Your Financing Options

Current financing options are broken into three categories: Small Business or High-Growth…

Read more

No Foot Traffic? How to Make the Best of Your Location

Little foot traffic? Don’t fret! For restaurants that are off the beaten…

Read more

The Essential Guide to Investment Crowdfunding and the JOBS Act

Less than 1% of all companies in the United States finance their…

Read more