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Crowdfunding Success: The Case Of Kiva.Org

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Abstract

Crowdfunding is the process of raising money to fund a project or business venture through numerous investors and via an Internet platform. The objective of this report is to examine the growing phenomenon of crowdfunding as an alternative method for raising finance and the factors that lie behind its success. The analysis focuses on Kiva.org, one of the most successful crowdfunding platforms in the world.

Suggested Citation

  • Moleskis, Melina & Canela, Miguel Ángel, 2016. "Crowdfunding Success: The Case Of Kiva.Org," IESE Research Papers D/1137, IESE Business School.
  • Handle: RePEc:ebg:iesewp:d-1137
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    File URL: http://www.iese.edu/research/pdfs/WP-1137-E.pdf
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    References listed on IDEAS

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    1. Thomas H. Allison & Blakley C. Davis & Jeremy C. Short & Justin W. Webb, 2015. "Crowdfunding in a Prosocial Microlending Environment: Examining the Role of Intrinsic versus Extrinsic Cues," Entrepreneurship Theory and Practice, , vol. 39(1), pages 53-73, January.
    2. Jonathan Meer & Oren Rigbi, 2012. "Transactions Costs and Social Distance in Philanthropy: Evidence from a Field Experiment," Working Papers 1205, Ben-Gurion University of the Negev, Department of Economics.
    3. Allison, Thomas H. & McKenny, Aaron F. & Short, Jeremy C., 2013. "The effect of entrepreneurial rhetoric on microlending investment: An examination of the warm-glow effect," Journal of Business Venturing, Elsevier, vol. 28(6), pages 690-707.
    4. Mollick, Ethan, 2014. "The dynamics of crowdfunding: An exploratory study," Journal of Business Venturing, Elsevier, vol. 29(1), pages 1-16.
    5. Kshetri, Nir, 2015. "Success of Crowd-based Online Technology in Fundraising: An Institutional Perspective," Journal of International Management, Elsevier, vol. 21(2), pages 100-116.
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    Cited by:

    1. Ivelin Elenchev & Aleksandar Vasilev, 2019. "Forecasting the Success Rate of Reward Based Crowdfunding Projects," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 17(1 (Spring), pages 51-77.
    2. Massa Saluzzo, Federica & Alegre, Inés, 2021. "Supporting entrepreneurs: The role of third-party endorsement in crowdfunding platforms," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    3. Ibarra Garza, Alberto & Cugueró-Escofet, Natàlia & Canela, Miguel Ángel, 2017. "Prosocial Crowdlending in Kenya," IESE Research Papers D/1166, IESE Business School.

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