Create your project and start fundraising
If you have a charity project or an NGO, or you just want to help a family member or a friend, here is everything you need to be successful in your crowdfunding campaign.
Is it your first time? Know everything you need to know before starting ↓
Learn what you need to be successful in your project
Work on these 3 points before creating your crowdfunding campaign
1. Meet the requirements
Projects and campaigns must be social and non-profit. We adapt ourself to almost any situation but there are some minimum requirements that you must bear in mind before launching your campaign.
2. Prepare the necessary material
To start a fundraising it is necessary to have proper texts and images specially created for the campaign. A short video explaining your story is always highly recommended. Know everything you need..
3. Plan a strategy
Knowing how you are going to share and communicate the campaign is essential before starting. Here we give you our recommendations to reach more people.
What is the process of a crowdfunding campaign in Kukumiku?
The process is simple but there are several things to keep in mind:
- Prepare your campaign material and plan your strategy.
Title, texts, images, videos, budget, goal, duration… Prepare and also assess what your sharing strategy to reach your community will be.
- Create your campaign in Kukumiku.
Fill in the form, preview how everything looks, fix whatever you want until you have the final version and send it for approval.
- Submit your project for approval.
Our team will review your project within 24 to 72 hours. (Normally less than 24 hours) and will approve it to publish it or will recommend the necessary modifications to improve your campaign.
- Campaign accepted and launched.
When the campaign is ready it will be published and you can start sharing it and receiving donations.
- Share and fundraise.
Spread the campaign by land, sea and air and start raising funds. Develop the strategy that you had prepared, social networks, media, word of mouth, make a giveaway, get a company or influencers to get involved…
- Updates and modifications.
During the campaign, as long as it is justified, you can modify it on the fly or send updates to your donors.
- End of the campaign and receive the collection.
At the end of the campaign, you will be asked for the necessary data to send you the collection or send it to the beneficiary of your campaign.
- Show the result of the project.
Send an update to tell collaborators what has been done with the money raised.
On Kukumiku, you can design the duration and the goal of your campaign based on your needs.
It is always recommended that you have a collection goal and it should be as realistic as possible. Setting a goal always generates in donors a sense of common goal to be achieved. Remember that it is always better to set a realistic goal, better an amount that you think you can achieve rather than what you wish to achieve. A goal that is too ambitious can lead to apathy or demoralization among your potential donors.
Duration of the campaign
The duration of the campaign can be whatever you want. It depends on your needs and the time you need to develop your strategy. It is always recommended that it be at least of 40-60 days, but there are also campaigns that achieve it in less time and we are aware that it will depend on your project needs.
What happens if I don’t reach the goal?
If your campaign has an economic goal:
In Kukumiku , when a campaign has an economic goal, it is the donors who choose if they want to donate their money only if the goal is reached or if they want to donate their money even if the goal is not reached. Currently 97% of people choose the option to donate even if the goal is not reached so, probably, even if you do not achieve the goal, you can receive the amount raised or at least a large part of it.
If your campaign has no economic goal:
If you have not set an economic goal, you will always receive the amount collected.
Is it mandatory to add a giveaway?
NO. The giveaways are a tool and a possibility but it is not necessary or of course mandatory to add a giveaway.
In fact, it is only advisable to add a giveaway when the prize to be drawn can boost the dissemination of the campaign. It must have enough appeal or be something donated by an influential/famous person or a company that if it is also involved in dissemination, much better
What are the transparency requirements?
On Kukumiku, transparency is a fundamental aspect. All campaigns must be non-profit, but also all information must be truthful and verifiable.
How are the funds transferred?
As a general rule at the end. But if necessary, part of the funds can be transferred without the need of having the campaign ended.
The money can be transferred straight to the entity, person / community the funds was raised for. Also directly to the company that provides the service or the good that has to be paid. We adapt to the needs of the campaign
Does it have any kind of cost?
It only has a cost if you manage to raise funds. If you can’t raise anything, you don’t pay anything, so starting a campaign is free.
If you are successful and collect, then a 5% fee is discounted from the funds so the Kukumiku Foundation and its advisors can continue maintaining the platform and helping projects like yours.
The cost of the payment method used by each donor is also discounted:
1.2% + € 0.25 for payments by European Credit / Debit Cards.
2.9% + € 0.35 for payments non European Credit / Debit Cards..
1.9% + € 035 for payments via PayPal.
No cost for payments by bank transfer.
€ 0.40 for direct debit payments (only available for monthly donations).
Think that it only has a cost if you manage to raise funds, so the risk is zero and the money is used to continue helping other campaigns and projects. We are a non-profit entity so we reinvest all our funds, improving the platform your are using now.
Are you ready?
Start it now!
Do you still have doubts?
Visit our Help Center or ask a member of our team