Thursday, 18 September 2014

Brazilian Crowdfunding


Have you ever heard about crowdfunding practices in Brazil? It’s a good option for a small business and is not necessary to deal with banks' high interest rates.
It arrived in Brazil in 2009 through the website Vakinha, which proposed to raise funds for relatives' and friends' projects. On the other hand, it’s not restricted to business and projects, it also includes personal matters such as purchasing a new car or traveling around the world.

Nowadays, Catarse and Movere are the main crowdfunding websites in Brazil. They choose projects based on art, cinema, dance, music and literature. Creativity, talent and innovation are characteristics of these websites. It’s a challenge to traditional Brazilian mentality that still tends to value a professional education and it may increasing the number of liberal professionals in Brazil

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