Crowdfunding

Crowdfunding Platforms

A quick and easy way to raise funds online and via mobile and bank payment gateways. Crowdfunding enables communities to create action plans for development projects, infrastructure, and entrepreneurship; this supports local engagement, transparency, and accountability. Communities are empowered through this direct access to members of the local community and the diaspora for contributions and long-term investment.

Explore the Crowdfunding Platforms We’ve Built

  • Multiple Payment Options

    Shaqodoon’s crowdfunding platforms are all connected to the largest banks operating in Somaliland, South Central Somalia,  and Puntland. These include Dahabshiil, Salaama Som, Salaama Bank, and Darasalaam Bank.  The platform is also connected to mobile money payment systems such as Zaad, EVC, and e-Dahab, e-Sahal.

  • Transparency and Accountability

    Online visitors can keep up-to-date on active projects online, allowing them visibility into how much each project has raised, project implementation status, how many people have backed a project, and more. This enables donors and contributors to trust in project implementation, and creates accountability for those responsible for project delivery.

  • Fund Matching

    The local community raises funds (cash or in-kind contributions) for their development plans using telecom mobile payment services, mobilizing resources from local and diaspora members. To encourage community ownership, donors and governments match community contributions. These matched funds are deposited into community-managed bank accounts; communities are trained on governance and procurement procedures ensuring efficient fund management.

Explore Projects Featuring Crowdfunding

CREATE Project Listing
SomReP: Consolidating Resilience Gains in Somalia
SomReP: Consolidating Resilience Gains in Somalia

Contribute to the resilience vulnerable Somali people, through enhanced food security, sustainable livelihoods and strengthened disaster risk management capacities in SWS by 2023.

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Local Employment in Africa for Development (LEAD II)
Local Employment in Africa for Development (LEAD II)

This project cultivated entrepreneurship culture by supporting sustainable youth employment, promoting entrepreneurship education, and engaging youth leading to job creation, economic growth, and youth empowerment.

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Growth Enterprise, Employment and Livelihoods (GEEL)
Growth Enterprise, Employment and Livelihoods (GEEL)

Ensure that youth have access to safe spaces where they can realize their full potential as productive and independent agents of positive change in Somalia.

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Crowdfunding can help.

Crowdfunding can be a valuable tool to help increase impact and boost entrepreneurial goals. Our partners can gain the benefits and insights of a custom crowdfunding platform by adding it to projects.

Our partners have used crowdfunding to encourage local development while gaining valuable insight about local priorities.

A few ways that crowdfunding platforms have been used in recent projects:

  • Linking local and diaspora for community fund mobilization

  • Crowdfunding for entrepreneurs to ignite the entrepreneur ambitions

  • Creating peace through common projects fundraising between communities in conflict