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|Title||donations for medical treatments,donation for education,donation for women empowerment|
|Category||Business --> Business Services|
|Meta Keywords||donation for child development,donation for disabled children,donation for autism,donation for natural calamities,donation for senior citizens,Best crowdfunding website,online fundraising websites,No 1 crowdfunding websites|
Crowdfunding concept in India can boom with transparency
In today’s scenario, the crowdfunding sector has evolved as a big business globally. Even though the platforms focus on raising funds through donations, none of them prioritise their focus on the outcome success (impact assessment) or provide transparency on the utilisation of the donated funds (utilisation transparency). Most platforms are devoid of clarity about the veracity of the benefactor, the cause fulfilment of the donation and to what extent the impact purpose was fulfilled. There is rarely, if at all, any proof of non-duplicitous use of the money collected. As a result, for instance, one individual can raise funds on various platforms for the same cause, and get away with it. Thus, with most well-known crowdfunding platforms, there is an inherent risk of fraud and / or misuse of funds because there is no transparent trail of outcome and impact results, until the last mile. Yes they all tell you who benefits in the case of individual causes, but not the success of the impact or outcome.
Know more at: http://www.fisamtrust.com/
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