South Africa has crossed one of its biggest economic milestones of the decade, officially surpassing pre pandemic international arrival numbers and positioning itself for…
Daredevil startup DonationShop gets charities into ecommerce, for zero down
Charities are taking an increasingly entrepreneurial approach to sustaining their initiatives. US-based MalaikaForLife, for example, runs an ecommerce store that stocks bracelets produced by a group of 150 women in Tanzania. The proceeds go towards providing them with a source of sustainable income and for stamping out malaria in the region.
Then there’s DoGoodBuyUs, a type of Etsy for charities, which stocks hundreds of charity made products.
The trouble is that in order for a charity to produce these products, they need some kind of starting capital to produce the goods. One option would be to take a micro-financing approach through something like Kiva. A new startup from Hong Kong reckons it might have another option.
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