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
Surgery Sponsoring Web Donations
Watsi is Making Medical Care Affordable for the Developing World
Trend Themes
1. Nonprofit Crowdfunding - There is a growing trend of nonprofit crowdfunding platforms, like Watsi, that are raising funds for healthcare treatment in the developing world.
2. Focused Fundraising - Platforms like Watsi are focusing on specific individuals or 'stories' to create a more personal connection between donors and causes.
3. Kiva for Healthcare - Watsi aims to be a Kiva-like platform for healthcare, providing affordable medical care options for people in need.
Industry Implications
1. Healthcare - The healthcare industry can utilize nonprofit crowdfunding platforms like Watsi to make medical care more accessible and affordable for individuals in developing countries.
2. Fundraising - Charity and fundraising organizations have an opportunity to adopt focused fundraising approaches used by platforms like Watsi to connect donors with specific causes.
3. 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.