Watsi is a nonprofit crowdfunding web platform that raises funds for healthcare treatment of individuals in the developing world.
Focusing on a handful of people, or "stories," at a time, Watsi will avoid the potentially overwhelming amount of options on sites like Kiva, aiming to be unique in their approach to cultivating a relationship between the cause and the donors.
Launched in August 2012 after a year and a half of diligent work, Watsi endeavors to be a "Kiva for healthcare." Founded by Adam Chase, Watsi's kickoff follows a single successful pilot campaign during which it proved its worth, crowdfunding heart surgery for a young girl in Nepal in just two days.
Contact Information
Watsi website
Watsi on Facebook
Watsi on Twitter
Key Themes Behind This Trend
- Nonprofit Crowdfunding
- There is a growing trend of nonprofit crowdfunding platforms, like Watsi, that are raising funds for healthcare treatment in the developing world.
- Focused Fundraising
- Platforms like Watsi are focusing on specific individuals or 'stories' to create a more personal connection between donors and causes.
- Kiva for Healthcare
- Watsi aims to be a Kiva-like platform for healthcare, providing affordable medical care options for people in need.
Where This Applies
- Healthcare
- The healthcare industry can utilize nonprofit crowdfunding platforms like Watsi to make medical care more accessible and affordable for individuals in developing countries.
- Fundraising
- Charity and fundraising organizations have an opportunity to adopt focused fundraising approaches used by platforms like Watsi to connect donors with specific causes.
- Technology
- The technology industry can support the development and growth of nonprofit crowdfunding platforms, like Watsi, by providing innovative solutions for secure online donations and efficient healthcare management.