How to Open & Setup a GoFundMe Account in Nigeria (2024)
A step by step by step guide on how to open a verified GoFundMe account in Nigeria this 2024.
If you’re in Nigeria and need to raise funds for a cause, project, or personal expenses, setting up a GoFundMe account can be a great way to get started. GoFundMe is a crowdfunding platform that allows individuals and organizations to raise funds for a variety of causes. In this article, we’ll guide you through the process of setting up a GoFundMe account in Nigeria, step by step.
To get started, head over to the GoFundMe website and sign up for an account. You’ll need to provide your name, email address, and password to create an account. Once you’ve signed up, you can create a fundraiser by filling out the necessary details, such as the fundraiser title, category, and goal amount. You can also add a story, images, and videos to help potential donors understand your cause and why it’s important.
It’s worth noting that GoFundMe charges a platform fee of 5% on all donations, as well as a transaction fee of 2.9% + $0.30 per donation. These fees are deducted from the total amount raised, so be sure to factor them into your fundraising goal. Additionally, you’ll need to connect a bank account to your GoFundMe account to withdraw funds. With these details in mind, let’s dive into the process of setting up a GoFundMe account in Nigeria.
WHAT IS GOFUNDME?
If you are looking to raise funds for a personal cause, project, or charity, GoFundMe is a popular crowdfunding platform that can help you achieve your goals. It is a user-friendly online platform that allows you to create and share a fundraising campaign with your network of friends, family, and supporters.
GoFundMe is a global platform, available in many countries, including Nigeria. It allows you to raise funds in different currencies, including Nigerian Naira (NGN). However, it is important to note that there are transaction fees and platform fees associated with using GoFundMe.
When you set up a GoFundMe campaign, you will need to connect it to a bank account to receive the funds you raise. GoFundMe offers different withdrawal options, including bank transfers and direct deposits. It is important to ensure that the bank account you connect to your campaign is in your name and is able to receive funds in the currency you are raising.
GoFundMe charges a transaction fee of 2.9% plus NGN 100 for each donation you receive. In addition, the platform charges a platform fee of 5% on each donation you receive. It is important to factor in these fees when setting your fundraising goal.
WHY USE GOFUNDME?
There are many reasons as to why you should use GoFundMe platform if you’re looking to raise funds for any other reason. Here are a few reasons why:
EASY TO USE
GoFundMe is user-friendly, making it easy to create a fundraiser even if you have no prior experience. You can easily set up your account, create a fundraiser title, add a cover photo, and tell your story.
ACCESS TO A LARGE COMMUNITY
GoFundMe has a large community of donors, investors, and volunteers who are always looking for new causes to support. By creating a fundraiser on the platform, you’ll have access to this community, which can help you raise money quickly.
SOCIAL MEDIA INTEGRATION
GoFundMe allows you to easily share your fundraiser on social media platforms like Facebook, Twitter, and YouTube. This means that you can reach a wider audience and get more people to support your cause.
TRANSPARENT DONATIONS
GoFundMe ensures that all donations are transparent and go directly to the beneficiary. This means that you can be sure that the money you raise will be used for the intended cause.
EDUCATION AND SUPPORT
GoFundMe provides education and support to help you create a successful fundraiser. You can access resources like video tutorials, articles, and guides to help you make the most of the platform.
GREAT FOR BUSINESSES AND STARTUPS
If you’re a business or startup looking to raise funds, GoFundMe is a great platform to consider. You can create a fundraising campaign to get the capital you need to start or grow your business.
In summary, GoFundMe is a great platform to raise money for causes, projects, businesses, and more. With its easy-to-use interface, access to a large community, social media integration, transparent donations, and education and support, you can create a successful fundraiser in no time.
SETTING UP A GOFUNDME ACCOUNT IN NIGERIA
If you’re looking to raise money for a cause in Nigeria, GoFundMe is a great platform to use. Here’s how you can set up a GoFundMe account in Nigeria and start raising funds:
STEP 1: SIGN UP FOR AN ACCOUNT
To get started, go to the GoFundMe website and click “Start a GoFundMe” button on the home page. You will be prompted to sign in or create an account. If you don’t have an account, you will need to provide your name, email address, and password to create one. Once you have an account, you can start creating your fundraiser.
STEP 2: CREATE YOUR FUNDRAISER
When creating your fundraiser, you will need to provide a clear and compelling story that explains why you are raising funds. You will also need to add an image or video that helps to illustrate your cause. Choose a category that best fits your cause, set a goal amount, and give your fundraiser a title that clearly communicates your message.
STEP 3: SHARE YOUR FUNDRAISER
Once your fundraiser is created, it’s time to start sharing it with potential donors. Share your fundraiser on social media platforms like Facebook, Twitter, YouTube, and Messenger. You can also share it on WhatsApp and other messaging apps. Make sure to include a clear call-to-action that encourages people to donate.
STEP 4: WITHDRAW YOUR FUNDS
When donations start rolling in, you can withdraw your funds to your bank account. GoFundMe charges transaction fees for each donation, so make sure to factor this into your fundraising goal. You can set up your withdrawal method and bank account information in your account settings.
TIPS FOR A SUCCESSFUL FUNDRAISER
When creating a fundraiser on GoFundMe, it’s important to keep in mind that success doesn’t come overnight. Here are some tips to help you run a successful fundraiser:
TELL YOUR STORY
Sharing your story is the most important part of your fundraiser. The more compelling your story, the more likely people are to donate. Make sure to include the following in your story:
- Why you need the money
- How the money will be used
- The impact the donation will have on your life or the lives of others
Be honest and transparent in your story. Donors appreciate authenticity and want to know where their money is going.
ENGAGE YOUR DONORS
Engaging with your donors is crucial to the success of your fundraiser. Here are some ways to engage with your donors:
- Respond to comments and messages promptly
- Share updates on your fundraiser’s progress
- Thank donors for their contributions
Make your donors feel appreciated and valued. They are the reason your fundraiser is successful.
PROMOTE YOUR FUNDRAISER
Promoting your fundraiser is essential to reaching your fundraising goal. Here are some ways to promote your fundraiser:
- Share your fundraiser on social media platforms like Facebook, Twitter, and Instagram
- Create a YouTube video explaining your fundraiser and why it’s important
- Share your fundraiser link on messenger apps like WhatsApp
Make sure to include a clear and concise message about your fundraiser when promoting it. Also, don’t forget to include the fundraiser link in your posts.
SAY THANK YOU
Saying thank you is a simple yet effective way to show your appreciation to your donors. Here are some ways to say thank you:
- Send a personal message to each donor
- Post a thank you message on your fundraiser page
- Send a thank you card to each donor
Expressing your gratitude can go a long way in building relationships with your donors.
Remember, running a successful fundraiser takes time and effort. By following these tips, you can increase your chances of reaching your fundraising goal.
TOP GOFUNDME ALTERNATIVES FOR YOUR FUNDRAISING NEEDS
If you’re searching for reliable alternatives to GoFundMe, there are several crowdfunding platforms available that can help you raise funds for a variety of causes. Whether you’re an individual in need, an artist seeking support for your creative project, or a nonprofit organization, these top alternatives provide various features and opportunities to reach your fundraising goals. Let’s dive into the top GoFundMe alternatives worth considering.
KICKSTARTER
Kickstarter is a well-established crowdfunding platform that focuses on creative projects. It’s an ideal choice if you’re an artist, filmmaker, musician, or entrepreneur looking to fund innovative and artistic ventures. With Kickstarter, you can showcase your project, set funding goals, and offer rewards to backers who contribute to your campaign.
INDIEGOGO
Indiegogo is a versatile crowdfunding platform that supports a wide range of campaigns, including creative projects, personal fundraisers, and business ventures. It offers flexible funding options, allowing campaigners to choose between fixed or flexible funding models. Indiegogo also provides various resources and tools to help campaigners market their projects effectively.
PATREON
Patreon is a unique platform that enables creators to receive recurring support from their fans and patrons. If you’re a content creator, such as an artist, writer, or podcaster, Patreon allows you to offer exclusive content or rewards to your subscribers in exchange for their monthly contributions. It’s an excellent way to build a dedicated community and sustain your creative work.
FUNDLY
Fundly is a user-friendly crowdfunding platform suitable for individuals and organizations alike. It supports a wide range of campaigns, including medical expenses, disaster relief, education initiatives, and community projects. Fundly offers social sharing tools and allows campaigners to leverage their social networks for maximum visibility.
BONFIRE
Bonfire is a specialized crowdfunding platform that focuses on selling custom apparel to raise funds for charitable causes. If you’re looking to design and sell t-shirts, hoodies, or other merchandise, Bonfire simplifies the process by handling production, shipping, and customer service. It’s an ideal option for individuals, groups, or organizations seeking a creative way to fundraise.
COMMON QUESTIONS ABOUT GOFUNDME
If you’re new to using GoFundMe, you may have some questions about how it works. Here are some common questions and answers to help you get started.
WHAT ARE THE FEES?
GoFundMe charges two types of fees: a platform fee and a transaction fee. The platform fee is 5% of the total amount raised, and the transaction fee is 2.9% plus $0.30 per donation. These fees are automatically deducted from each donation before it’s sent to the beneficiary.
HOW DO I RECEIVE DONATIONS?
To receive donations on GoFundMe, you’ll need to link a valid bank account to your account. GoFundMe will transfer the funds directly to your bank account within 2-5 business days of each donation. You can also choose to receive funds via check, but this may take longer.
IS GOFUNDME SAFE AND SECURE?
GoFundMe takes security very seriously and uses industry-standard encryption to protect your personal and financial information. Additionally, GoFundMe has a Trust & Safety team that monitors campaigns for fraudulent activity and works to ensure that all funds are used for their intended purpose.
CONCLUSION
When setting up your GoFundMe campaign, it’s important to provide clear and accurate information about your cause and how the funds will be used. This will help prevent any confusion or suspicion from donors. Overall, GoFundMe is a safe and reliable platform for fundraising. However, it’s important to do your own research and be cautious when donating to campaigns.
