Crowdfunding works for YWCA
Through Wefficiency, the YWCA was able to obtain a combination of donations and loans for nearly $15,000 for a high efficiency lighting project. The lighting upgrade is expected to shave about $8,500 a year on the electricity bill.
"The YWCA of Oahu is so humbled by the overwhelming support of the community in funding our WEfficiency campaign," said YWCA's director of fund development Wendy Chang. "The money we save on energy will go directly into the services that help to empower women from all walks of life."
A portion of savings will be used to pay back loans, with the first repayments within six months. Loanators can shift the loan to another non-profit group's campaign, if they desire, via WEfficiency.
For instance, Damien Memorial School and Hawaii Public Radio, are also campaigning for energy-efficient retrofits via WEfficiency. Damien needs another $8,000 to reach a $12,000 goal. HPR needs another $5,000 for its $11,000 goal.
If you're a non-profit interested in participating in WEfficiency, email email@example.com