From the beginning, Alvaro’s idea of funding an NGO went together with the idea of creating an internet platform that would be useful for several purposes: receiving finance, sponsoring projects, coordinating our volunteer program…etc.
Throughout these months, we have realized it would be better to separate the platform from Mas Por Ellos so that other associations and NGOs can use it. Today, we are presenting it and telling you a little bit more of this part of the project.
When dividing our association; Mas Por Ellos and the platform, we had to think of a new name. After some brainstorming, we came up with COOFUND.
What is COOFUND? Above everything it is a tool, a tool for NGOs, private use, projects with need for financial aid, entrepreneurs, and people and organizations wanting to help. It’s the ideal place to put people in need in contact with people with the necessary resources.
How does it work? In COOFUND, people willing to help, will find many ways to do so. You can become a sponsor of a school class, with access to a continuous follow up of their academic evolution. You can also become a sponsor of a social enterprise, giving some of the initial capital needed to set up the business with access to the business plan and the business’s progress. You will also be able to donate to specific social projects like buying desks for a school or building a well.
A few months ago we won a contest organized by Trei, Emprendetreining. Thanks to this contest, we have been able to finance the creation of the platform, and more importantly, it will be done by very good professionals. It will be ready in a few months and that way you will be able to be up to date with all our projects.
Our friend Luis Pino is in charge of ‘‘drawing up’’ the first drafts, with ideas and suggestions from the whole team. He is doing an amazing job which we are very thankful for.
We will wait impatiently until the day when we can say that COOFUND is ready, so you can see firsthand the power that this tool will have to change the lives of many people.
"First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end." (Aristotle)
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