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.
The purpose-driven crowdfunding and the growing potential of the Prosocial lending-based model
TEDESCHI, CATERINA;RULLANI, FRANCESCO
2025-01-01
Abstract
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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