Newswise: Crowdfunders Aren’t All That Different from Commercial Lenders, Study Finds

Newswise: Crowdfunders Aren’t All That Different from Commercial Lenders, Study Finds. “Aspiring entrepreneurs who think it may be easier to raise capital via crowdfunding are mistaken, according to a new study conducted by professors at American University. Serge da Motta Veiga and Maria Figueroa-Armijos of American’s Kogod School of Business along with co-authors John Berns and Timothy Dunne looked at 146,218 loans over a five-year period from the Kiva, a crowdfunding site that allows people to lend to low-income entrepreneurs all over the world.”