NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, September 30, 2014

Crowdfunding itself is going viral around the globe. It seems that everywhere you look, crowdfunding is popping up in a big way. This is top of mind for me as I jump on a plane to Moscow to deliver a keynote address at CrowdMap ’14.

Last week, I had the opportunity to visit with Sourabh Sharma, the CEO and Founder of Milaap, a crowdfunding site in India that is using the model created by Kiva, allowing people to invest in micro loans to the poor. Milaap focuses on lending for things that others often avoid, including toilets and education.