Interest Rate (10% – 25%)





Kickstarter runs on an all-or-nothing model, so if you do not raise your goal amount, you do not receive any of the funds, but there is no penalty. If you reach or exceed your goal, your contributors are charged and you’ll receive your funds within a couple of weeks. Kickstarter charges a 5% funding fee.

This crowdfunding site use Stripe to collect and process payments, which charges between 3% and 5% in payment-processing fees. Using the Kickstarter crowdfunding platform, you create your project campaign, describing your projects, setting your goal amount and offering rewards for those who donate This platform is ideal for Nigerians in the diaspora looking to raise funds for a Nigeria based project.

Peer-to-peer (P2P) lending is a method of debt financing that enables individuals to borrow and lend money without the use of an official financial institution as an intermediary. Peer-to-peer lending removes the middleman from the process, but it also involves more time, effort and risk than the general brick-and-mortar lending scenarios.


  • Large donor base
  • Broad list of accepted projects


  • Nigeria not included in listed residence
  • FX risk due to non-naira funding