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Finance Tutorial – How to raise funds for a non-profit organization – Ask Evan


hi I’m Evan Carmichael welcome to

hi I’m Evan Carmichael welcome to another edition of ask Evan in today’s

another edition of ask Evan in today’s

another edition of ask Evan in today’s episode I’m gonna answer questions from

episode I’m gonna answer questions from

episode I’m gonna answer questions from one of my newsletter leaders Harriet who

one of my newsletter leaders Harriet who

one of my newsletter leaders Harriet who is in Ghana and they’re setting up a

is in Ghana and they’re setting up a

is in Ghana and they’re setting up a nonprofit organization to help raise

nonprofit organization to help raise

nonprofit organization to help raise funds startup loans for people in Ghana

funds startup loans for people in Ghana

funds startup loans for people in Ghana women entrepreneurs in Ghana who want to

women entrepreneurs in Ghana who want to

women entrepreneurs in Ghana who want to start up their own business as a way to

start up their own business as a way to

start up their own business as a way to you know get out of poverty be able to

you know get out of poverty be able to

you know get out of poverty be able to enrich their lives hire people and you

enrich their lives hire people and you

enrich their lives hire people and you know build a new life for themselves and

know build a new life for themselves and

know build a new life for themselves and she’s trying to raise funds one of my

she’s trying to raise funds one of my

she’s trying to raise funds one of my advice on how to do it so Harry I don’t

advice on how to do it so Harry I don’t

advice on how to do it so Harry I don’t know the whole process about raising you

know the whole process about raising you

know the whole process about raising you know money for a non-profit in in Ghana

know money for a non-profit in in Ghana

know money for a non-profit in in Ghana but what I do have some experience on is

but what I do have some experience on is

but what I do have some experience on is with using services like Kiva so we work

with using services like Kiva so we work

with using services like Kiva so we work with Kiva to give micro loans to

with Kiva to give micro loans to

with Kiva to give micro loans to entrepreneurs across Africa we’ve raised

entrepreneurs across Africa we’ve raised

entrepreneurs across Africa we’ve raised thousands and thousands of dollars help

thousands and thousands of dollars help

thousands and thousands of dollars help in doing it and what really attracted me

in doing it and what really attracted me

in doing it and what really attracted me to it was how easy it was to be able to

to it was how easy it was to be able to

to it was how easy it was to be able to lend money and see that you’re helping

lend money and see that you’re helping

lend money and see that you’re helping people so there may be a whole bunch of

people so there may be a whole bunch of

people so there may be a whole bunch of government grants you can go after loans

government grants you can go after loans

government grants you can go after loans my experience is more from the

my experience is more from the

my experience is more from the individual investor somebody wants to

individual investor somebody wants to

individual investor somebody wants to give back so if you’re targeting North

give back so if you’re targeting North

give back so if you’re targeting North American audience who feel like they

American audience who feel like they

American audience who feel like they want to do something helpful and and

want to do something helpful and and

want to do something helpful and and help other entrepreneurs grow their

help other entrepreneurs grow their

help other entrepreneurs grow their businesses that could be an interesting

businesses that could be an interesting

businesses that could be an interesting market that’s guys like me and a whole

market that’s guys like me and a whole

market that’s guys like me and a whole bunch of other people who you know want

bunch of other people who you know want

bunch of other people who you know want to find a way to give back meaningfully

to find a way to give back meaningfully

to find a way to give back meaningfully and so we loan out thousands of dollars

and so we loan out thousands of dollars

and so we loan out thousands of dollars to Kiva so there’s another market for

to Kiva so there’s another market for

to Kiva so there’s another market for you to be able to go after what I would

you to be able to go after what I would

you to be able to go after what I would suggest doing is you need to create a

suggest doing is you need to create a

suggest doing is you need to create a website show the people who you’re

website show the people who you’re

website show the people who you’re helping and that’s one of the great

helping and that’s one of the great

helping and that’s one of the great things that’ll keep as you can see who

things that’ll keep as you can see who

things that’ll keep as you can see who you’re helping you know you take a

you’re helping you know you take a

you’re helping you know you take a picture of them and hopefully it’s a

picture of them and hopefully it’s a

picture of them and hopefully it’s a smiling picture I know there’s some

smiling picture I know there’s some

smiling picture I know there’s some cultural differences where it’s not

cultural differences where it’s not

cultural differences where it’s not always easy to get a smiling picture but

always easy to get a smiling picture but

always easy to get a smiling picture but for us in North America you know we like

for us in North America you know we like

for us in North America you know we like seeing people with smiles it makes us

seeing people with smiles it makes us

seeing people with smiles it makes us more willing to want to work with

more willing to want to work with

more willing to want to work with somebody and help that person out so you

somebody and help that person out so you

somebody and help that person out so you want to try to take smiley pictures tell

want to try to take smiley pictures tell

want to try to take smiley pictures tell us what the money is gonna be used for

us what the money is gonna be used for

us what the money is gonna be used for try to tell a story to you know pull out

try to tell a story to you know pull out

try to tell a story to you know pull out the heartstrings a little bit and make

the heartstrings a little bit and make

the heartstrings a little bit and make us want to help out so it’s not just you

us want to help out so it’s not just you

us want to help out so it’s not just you know here’s an entrepreneur Susan who

know here’s an entrepreneur Susan who

know here’s an entrepreneur Susan who needs 500 bucks to start her business

needs 500 bucks to start her business

needs 500 bucks to start her business you want to tell her story say you know

you want to tell her story say you know

you want to tell her story say you know why she wants to start

why she wants to start

why she wants to start some of the hardships you’ve been

some of the hardships you’ve been

some of the hardships you’ve been through any family information that you

through any family information that you

through any family information that you want to share all that stuff is great

want to share all that stuff is great

want to share all that stuff is great and ties the the readers closer to that

and ties the the readers closer to that

and ties the the readers closer to that person and makes them want to help so

person and makes them want to help so

person and makes them want to help so you want to tell the story have updates

you want to tell the story have updates

you want to tell the story have updates so tell people how they’re doing as you

so tell people how they’re doing as you

so tell people how they’re doing as you raising the money or as the money’s been

raising the money or as the money’s been

raising the money or as the money’s been raised if you’re paying it back then

raised if you’re paying it back then

raised if you’re paying it back then have quick updates to show how she’s

have quick updates to show how she’s

have quick updates to show how she’s doing that’s also fantastic and keeps

doing that’s also fantastic and keeps

doing that’s also fantastic and keeps people more motivated want to help other

people more motivated want to help other

people more motivated want to help other people I’d be great to you with a share

people I’d be great to you with a share

people I’d be great to you with a share through social media I think that’s

through social media I think that’s

through social media I think that’s something keep up you do a better job of

something keep up you do a better job of

something keep up you do a better job of so whenever you give a loan to somebody

so whenever you give a loan to somebody

so whenever you give a loan to somebody it could be integrated with your

it could be integrated with your

it could be integrated with your Facebook or your Twitter account to say

Facebook or your Twitter account to say

Facebook or your Twitter account to say I just helped you know whoever and I

I just helped you know whoever and I

I just helped you know whoever and I raise 100 bucks – 25 bucks or whatever

raise 100 bucks – 25 bucks or whatever

raise 100 bucks – 25 bucks or whatever it is to help them get started that’d be

it is to help them get started that’d be

it is to help them get started that’d be great to get integrate with somebody’s

great to get integrate with somebody’s

great to get integrate with somebody’s Twitter feed as an example so those are

Twitter feed as an example so those are

Twitter feed as an example so those are a few ideas I definitely model Kiva or

a few ideas I definitely model Kiva or

a few ideas I definitely model Kiva or there may be a way for you to just work

there may be a way for you to just work

there may be a way for you to just work with Kiva and that could be an

with Kiva and that could be an

with Kiva and that could be an interesting opportunity as well they

interesting opportunity as well they

interesting opportunity as well they basically work with different

basically work with different

basically work with different organizations to give out the funds so

organizations to give out the funds so

organizations to give out the funds so that could be an opportunity for you to

that could be an opportunity for you to

that could be an opportunity for you to get access to a large pool of capital

get access to a large pool of capital

get access to a large pool of capital and we only work with entrepreneurs for

and we only work with entrepreneurs for

and we only work with entrepreneurs for an Africa through Kiva so if you do get

an Africa through Kiva so if you do get

an Africa through Kiva so if you do get on there let us know and hopefully we

on there let us know and hopefully we

on there let us know and hopefully we can send a little bit of money your way

can send a little bit of money your way

can send a little bit of money your way to help your organization girl so I hope

to help your organization girl so I hope

to help your organization girl so I hope that helps if you guys liked the video

that helps if you guys liked the video

that helps if you guys liked the video please give it a thumbs up below it

please give it a thumbs up below it

please give it a thumbs up below it makes me want to make more of these

makes me want to make more of these

makes me want to make more of these videos for you guys and if you like the

videos for you guys and if you like the

videos for you guys and if you like the video and you have something to say

video and you have something to say

video and you have something to say about it please leave a comment

about it please leave a comment

about it please leave a comment underneath if you have a question or

underneath if you have a question or

underneath if you have a question or some other advice please leave a comment

some other advice please leave a comment

some other advice please leave a comment underneath and we’ll see you in the next

underneath and we’ll see you in the next

underneath and we’ll see you in the next episode

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