In Egypt, crowdfunding objectives is to provide with funds for Egyptian entrepreneurs or social projects who want to implement a project by attracting and convincing investors through rewarded or non rewarded capital injection.
Egypt's Crowdfunding is becoming an increasingly popular instrument to collect money from supporters, capital injectors as it is an excellent alternative to avoid classical banks which are risk averse and conversative and slow when processing with a borrower credit application.
Crowdfunding in Egypt is also used to finance social projects to help people who have no access to the bank system. Egypt's crowdfunders help implementing school projects as well as but funds also films and creative projects.
EGYPT ONLINE CROWDFUNDING PLATFORM