Articles - 5 reasons to choose a fundraising campaign instead of personal loans for the cost of treating life-threatening illnesses
12th June 2023

5 reasons to choose a fundraising campaign instead of personal loans for the cost of treating life-threatening illnesses

Organizing charity campaigns is an increasingly popular method of raising money for people in need. The Pavel Andreev Foundation makes this easy by enabling the creation of online donation campaigns through the platform.

You may have reason to approach the fundraising procedure with reservations. But in the end, charity campaigns are being organized all over the world and are producing the results you need. Many lives have been saved or improved because of them. So in fact we can say that in most cases this reserve in people is rather based on the most ordinary, often, unfounded prejudices. And it is prejudice that is the main reason why people continue to prefer personal loans to crowdsourcing, especially for terminal diseases like cancer.

Before we talk about why organizing a charity campaign is better than personal loans, let's understand what so-called crowdfunding is.

IS THERE A DIFFERENCE BETWEEN CROWDFUNDING AND A CHARITY CAMPAIGN

Crowdfunding, put in the most accessible way, is the process of raising money for a particular cause/project. In this case, fundraising is, in simplest terms, asking for money in the form of a donation to support various causes or charities. There is no significant difference between the two and when it is a non-profit it can be compared to running a charity campaign.

FUNDRAISING THROUGH AN ONLINE CHARITY CAMPAIGN

Raising money for charity is nothing new and has been around for centuries. As human society has evolved, charitable causes have found increasing prominence in society. This shows that we are growing as human beings and are not indifferent to others' misery. Nowadays, raising funds for charity is a much easier task compared to the last century. This is also due to the increasing penetration of new technologies in our lives, which greatly facilitate the creation of a charity campaign and its implementation.

Online charity campaigns are the process of raising funds over a period of time from an unspecified number of people. Anyone can get involved in whatever way they wish, whether by donating funds; material items or other help.

A pavel andreev campaign can be started to generate money for medical bills, to pay for home adaptations due to a disability, or to pay for necessities of life while a person in need receives medical care.

Advantages of fundraising through a charity campaign over personal loans

Traditional fundraising has limitations, but online charity fundraising does not.

For example, through an online fundraising campaign, you have no restrictions and any person from anywhere on the planet can learn about your cause. They can contribute their donation as easily as possible - at the click of a button, helping your campaign move closer to its goal.

The need for funds for treatment is always an unplanned expense that we want or don't want to have to deal with. Unfortunately, the economic situation in this country is such that few people can afford the expensive costs of treating cancer or any other life-threatening illness on their own. For this reason, many people resort to borrowing money by mortgaging personal belongings; property etc. However, this is not a good idea and you should not put your ego first. Allow people to help you in times of trouble and don't condemn your life after overcoming the disease into paying back loans. That's the point of donations - to help you get through a difficult stage in your life without condemning your future to debts you probably couldn't pay off!

It's much quicker and more successful to raise money for charity online

Compared to running an online campaign for charity, the relevant ways for offline conventional fundraising efforts take more time and money. Since it is much slower to communicate with people, and it can also cost you a lot to do this endeavor - there are fees associated with advertising on TV or in newspapers, paying graphic designers, printing banners, etc.

If you want to avoid the inconveniences associated with conventional fundraising, start a campaign on PavelAndreev.ORG. If the goal is long-term, it can be achieved through traditional fundraising. However, when it comes to health, there is no time to waste and you need to act fast. Then online fundraising is the best solution. However, traditional fundraising should not be completely ignored and can also contribute a little or a lot to the cause!

Don't condemn your life in loan repayments

Comparing running a charity campaign with medical loans, the former is significantly quicker and easier. The money you received as a donation for medical care is not required to be paid back. Therefore, using a fundraiser through a charity campaign is always preferable to getting a medical loan.

You can raise any desired amount through online thanks to the generosity of kind people. Simply start a campaign on Pavel Andreev's website. Funds received as donations are a good option when it comes to emergencies!

Why choose donation campaign funds over personal loans?

The best choice is to use a donation site to raise medical funds, as medical insurance may not fully cover the cost of treatment and also medical loans take some time to authorize. In the course of the campaign, on the other hand, you won't have to worry about medical expenses as you will have access to the funds and can use them to pay for treatment at the appropriate stages. When you fundraise through a campaign and there is no room to worry about giving back. While with loans, the interest rates are often quite high and while we don't think about them in such situations, as the most important thing is that our loved one gets well, it can put us in a very awkward position once it's all over and we have to start paying back the loan.

Conclusion

For people who cannot afford life-saving medical care, then setting up a charity account is probably the best solution that does not doom them to fall into the spiral of loans. Fundraising through a charity campaign has been increasingly used in recent years. Post your cause on PavelAndreev.ORG and easily raise the necessary funds.

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