The purpose-driven crowdfunding and the growing potential of microlending
DOI:
https://doi.org/10.7433/s126.2025.06Keywords:
crowdfunding, microlending, microfinanceAbstract
This study sheds light on the borrowers' backgrounds and on their loan purposes, offering valuable insights into the motivations and aspirations of individuals seeking financial support via crowdfunding. The identification of specific loan purposes related to borrowers' backgrounds provides a deeper understanding of their entrepreneurial drive, commitment to their families' well-being, and efforts to overcome poverty.
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