Just two years ago Avi Kehat had a dream. His dream was to launch a crowdfunding website that would not take any commission like popular sites such as GoFundMe. His dream has far surpassed his expectations. This week, The Chesed Fund has passed the $10 Million Dollar mark – and is now on its way to its next milestone.
Some of the funds have raised over $500,000 alone and scores of other campaigns are seeing success with the new platform.
The developers had undertaken this initiative years ago as a Chesed they could offer the global Jewish community.
�We noticed that GoFundMe and other crowdfunding sites had been used for many Jewish causes and we just wanted to help the people keep their hard earned funds� states Kehat.
He undertook the initiative and spent �thousand of hours on the development of this platform and made it completely commission free.
�The only fee involved is the credit card processing fees, we just couldn�t find a way around that� says Kehat.
The credit card processing is handled by �Stripe� which is a 3rd party credit card processor.
�The site does not profit from those fees and we have chosen �Stripe� simply because they offer very flexible development tools.
�We are ecstatic about the response and we will continue using our skills to keep this Chesed project going��Kehat told YWN.
Kehat also says a beautiful new website will be launched in the near future with many new features and options to help those in need raise funds – all free of charge!
The Following info-graphic is a breakdown of GoFundMe pricing and fees compared to the Chesed Fund�s 0% commission.
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