%0 Journal Article
%T Crowdfunding and Crowdmicrofinance, an Evolution of Models for Entrepreneurship of the Poor
%A Laurence Attuel-Mendes
%J Open Access Library Journal
%V 3
%N 12
%P 1-7
%@ 2333-9721
%D 2016
%I Open Access Library
%R 10.4236/oalib.1103251
%X <div style="text-align:justify;">
	<span style="line-height:1.5;">After the boom of microfinance,
we witness boom of crowdfunding. Thus, it is interesting to study their
interactions. Benefiting both of a rich historic heritage, these two notions,
even though non-synonymous, aim at similar goals. Funding of the
economy for the latter poverty alleviation and financial eradication for the
former¡ªin its welfarist definition¡ªmake it
quite logical that these two notions meet to serv</span><span style="line-height:1.5;">e each other. Indeed, they
stand to be a major lever for entrepreneurs, for whom fundraising has always
been an issue. Microfinance has become a tool of democratisation of entrepreneurship
funding, while crowdfunding potentially opens entrepreneurship funding to
masses. Combining both crowdfunding and microfinance can lead to an
acceleration of poverty eradication.</span>
</div>
%K Microfinance
%K Crowdfunding
%K Entrepreneurship
%K Fundraising
%K Poverty Eradication
%U http://www.oalib.com/paper/5277573