{"id":12720,"date":"2024-03-11T08:33:40","date_gmt":"2024-03-11T08:33:40","guid":{"rendered":"https:\/\/mtctheme.medicaltourismco.com\/crowdfunding-for-weight-loss-surgery\/"},"modified":"2024-06-24T09:14:54","modified_gmt":"2024-06-24T09:14:54","slug":"crowdfunding-for-weight-loss-surgery","status":"publish","type":"post","link":"https:\/\/mtctheme.medicaltourismco.com\/crowdfunding-for-weight-loss-surgery\/","title":{"rendered":"Crowdfunding for Weight Loss Surgery"},"content":{"rendered":"

\n\tmtctheme_content = “Crowdfunding for weight loss surgery is a worthwhile alternative for individuals lacking funds for their treatment. There are times when all the avenues for arranging finances for bariatric surgery<\/a> close due to reasons such as:rn<\/p>\n

rn t<\/p>\n

Bad credit score<\/li>\n

rn t<\/p>\n

Non-completion of formalities<\/li>\n

rn t<\/p>\n

Cumbersome procedure for arranging finances<\/li>\n
rn<\/ul>\n
rn $\"Crowdfunding$ rnrnUnder such circumstances, the process of treatment of an individual comes to a standstill. This can be emotionally frustrating and take a toll on someone who is already suffering.rnrn
$\"Question\"$ <\/div>
Did you know?<\/h3>
rnrnMedical bills are one of the biggest reasons for bankruptcies in the U.S.^{1<\/sup> This makes concepts such as crowdfunding more popular when it comes to arranging funds for medical treatment.rnrn<\/p>\n<\/div>rnrnPeople seeking treatment require an easy alternative for raising funds for medical treatment so that when they are not physically fit, they can at least be emotionally fit. So, when all the doors close, crowdfunding can be resorted to!rnrn\n}
What is Crowdfunding for Bariatric Surgery?<\/h2>\n rnrnCrowdfunding is a relatively new concept of raising money that has become popular over the internet. It is an online practice for raising funds from the web community.rnrnVia this, people seeking bariatric surgery are able to convey their story of suffering to the community of which they are a part. It serves as a platform for individuals to make their voices heard so that people contribute towards the treatment on compassionate grounds.rnrnAlso, since the amount to be contributed is at the discretion of the contributor, people gladly contribute towards the better health of the individual seeking weight loss surgery.rnrn\n
History of Crowdfunding<\/h2>\n rnrnIn 1997, crowdfunding was used by a British rock band named Marillion for their reunion tour. Online donations were collected from fans. Taking inspiration from the same, ArtistShare became the first crowdfunding platform in the year 2000.^{2<\/sup>rnrnCrowdfunding was initially used for business purposes, but later, it opened up other avenues. By 2009, crowdfunding had emerged as a major funding source with the industryu2019s revenue growing by leaps and bounds.rnrn\n}
How It Works?<\/h2>\n rnrnThe crowdfunding portal begins a fundraiser campaign for the individual seeking treatment. The individual is required to tell the story of their suffering. The story is then circulated over the internet. This way maximum numbers of people can be reached out.rnrnDuring the course of campaigning, people are asked to contribute a very small amount so that more of them join in.rnrnPeople also tend to contribute more as the campaign generally involves an emotional element. This makes people donate on humanitarian grounds.rnrnHumans of New York, a photo blog, raised a whopping $250,000 for Memorial Sloan Kettering Paediatric Cancer Centre in the first 24 hours of the campaign.^{3<\/sup>rnrnrn<\/p>\n}
Source:<\/strong> Fundraiser.org<\/a><\/p>\n
rn\n
How Social Network Can Help?<\/h2>\n rnrnSome crowdfunding sites may not provide for campaigning over social media. The individuals can circulate their stories on social media. This will make their friends and relatives aware of their suffering.rnrnOften, the near and dear ones contribute a major portion of the treatment since they have a soft corner for the person.rnResearch states that the major portion of crowdfunding campaign amount is collected in the first 30 days!^{4<\/sup>rnrn\n Philanthropists and Crowdfunding<\/h2>\n rnrnThere are many people who love to serve mankind and have plenty of resources for the cause. The tougher part, however, is finding them and approaching them. You could always get in contact with them over e-mails or via your campaigning portal.rnrn\n}
Popular Crowdfunding Platforms<\/h2>\n rnrnThere are various websites that specialize in crowdfunding. GiveForward, Fundrazr, GoFundMe, IndieGoGo, and Kickstarter are a few of the leading crowdfunding websites in the United States and Canada.rnrnGiveForward chiefly deals in medical campaigning.^{5 <\/sup>These websites have helped people suffering from varied ailments raise thousands of dollars for their treatment.rnrnThe crowdfunding websites charge a fee for the entire campaign that they undertake on behalf of the individual seeking treatment. Most of the websites charge a fee of 5% apart from the processing fee.rnrnAccording to a report published in Time U.S., 22% of Americans have donated to crowdfunding websites.^{6<\/sup>rnrn\n}}
Crowdfunding for Bariatric Surgery - a Success Story<\/h2>\n rnrnTake a look at how Kami Perritt financed her weight loss surgery through crowdfunding. She was rejected for loan multiple times. Via crowdfunding, she was able to raise an amount of $3,274 for her bariatric surgery. Hereu2019s her story<\/a>.rnrn\n
Advantages of Crowdfunding<\/h2>\n rn<\/p>\n
rn t<\/p>\n
No interest payment is to be made.<\/li>\n
rn t<\/p>\n
There is no debt or related obligations.<\/li>\n
rn t<\/p>\n
It is an easy way to finance a weight loss surgery without getting into the burdensome procedure of availing a loan.<\/li>\n
rn t<\/p>\n
The facilitatoru2019s fee needs to be paid out of pocket. It is charged at a fixed percentage of the total amount collected.<\/li>\n
rn t<\/p>\n
It saves you from the awkwardness of asking for help from your social relations.<\/li>\n
rn<\/ul>\n
rn<\/p>\n
$\"Crowdfunding$ <\/h2>\n
rn\n
Common Crowdfunding Mistakes<\/h2>\n rn<\/p>\n
rn t<\/p>\n
Not paying attention to the minute details.<\/li>\n
rn t<\/p>\n
Unrealistic stories create doubt in the minds of the readers about their authenticity.<\/li>\n
rn t<\/p>\n
Not staying active online. The trick is to keep putting efforts to attract more and more people.<\/li>\n
rn t<\/p>\n
Not researching before beginning the campaign.<\/li>\n
rn t<\/p>\n
Not keeping a tab on the comments of the readers. These reflect how the campaign is being perceived by the people being reached out.<\/li>\n
rn<\/ul>\n
rn\n
Factors on Which Success of a Campaign Depends<\/h2>\n rn<\/p>\n
rn t<\/p>\n
The manner of presenting the story.<\/li>\n
rn t<\/p>\n
The number of people that are reached out to (the larger, the better).<\/li>\n
rn t<\/p>\n
A powerful plea that has an emotional impact on the reader.<\/li>\n
rn t<\/p>\n
Using a maximum number of online social platforms.<\/li>\n
rn<\/ul>\n
rnCrowdfunding has come up as a rescue for people who do not have or are unable to collect finances for their weight loss surgery. The convenience and success of this option have attracted a lot of people seeking treatment and continue to do so.rnrnThe platform has especially been a lifesaver for people suffering from serious diseases. Anyone desiring bariatric surgery but unable to afford it can resort to this option.rnrnOne can also look into raising funds through crowdfunding for weight loss surgery outside their native country, say, a gastric bypass or vertical sleeve gastrectomy in Mexico<\/a> or the United States.rnrn
Explore funding options!<\/h2>
Our consultants are just a call away<\/h3>Contact us<\/a><\/div>rnrn
rnrn\n
References<\/h2>\n rn<\/p>\n
rn t<\/p>\n
Mangan Dan (2013), Medical Bills are the biggest Cause of U.S. Bankruptcies: Study , Available at: https:\/\/www.cnbc.com\/id\/100840148<\/a> [Accessed on 26 October 2017]<\/li>\n
rn t<\/p>\n
The History of Crowdfunding, the start-ups.co platform, Available at: https:\/\/www.fundable.com\/crowdfunding101\/history-of-crowdfunding<\/a> [Accessed on 26 October 2017]<\/li>\n
rn t<\/p>\n
Lake Howard (2016), Eighth Humans of Crowdfunding campaign raises $250k in 24 hours, Available at: https:\/\/fundraising.co.uk\/2016\/05\/13\/eighth-humans-new-york-crowdfunding-campaign-raises-250k-24-hours\/#.WfMV_fmCzIU [Accessed on 26 October 2017]<\/li>\n
rn t<\/p>\n
Yeh Ami (2015), New Research Study: 7 stats from 100,000 campaigns, Available at:u00a0https:\/\/go.indiegogo.com\/blog\/2015\/10\/crowdfunding-statistics-trends-infographic.html [Accessed on 26 October 2017]<\/li>\n
rn t<\/p>\n
Sisler Julia (2013), Crowdfunding for medical expenses, Canadian Medical Association Journal, 184(2), E123u2013E124.<\/li>\n
rn t<\/p>\n
Chan Melissa (2017), How the Kindness of Strangers Became a Multi-Billion-Dollar Industry, Time U.S, Available at:u00a0 http:\/\/time.com\/4912910\/crowdfunding-gofundme-youcaring\/ [Accesses on 30 October 2017]<\/li>\n
rn<\/ol>\n
rn<\/div>”
\n\t\t\tmtctheme_title = “Crowdfunding for Weight Loss Surgery”
\n\t\t\tmtctheme_featured_post = “off”
\n\t\t\tmtctheme_pagemenu = [
\n {
\n “text”: “”,
\n “url”: “”
\n },
\n {
\n “text”: “”,
\n “url”: “”
\n }
\n]
\n\t\t\tmtctheme_proscons1 = [
\n {
\n “pro”: “”,
\n “con”: “”
\n },
\n {
\n “pro”: “”,
\n “con”: “”
\n }
\n]
\n\t\t\tmtctheme_proscons2 = [
\n {
\n “pro”: “”,
\n “con”: “”
\n },
\n {
\n “pro”: “”,
\n “con”: “”
\n }
\n]
\n\t\t\tmtctheme_proscons3 = [
\n {
\n “pro”: “”,
\n “con”: “”
\n },
\n {
\n “pro”: “”,
\n “con”: “”
\n }
\n]
\n\t\t\tmtctheme_proscons4 = [
\n {
\n “pro”: “”,
\n “con”: “”
\n },
\n {
\n “pro”: “”,
\n “con”: “”
\n }
\n]
\n\t\t\tmtctheme_proscons5 = [
\n {
\n “pro”: “”,
\n “con”: “”
\n },
\n {
\n “pro”: “”,
\n “con”: “”
\n }
\n]
\n\t\t\tmtctheme_proscons6 = [
\n {
\n “pro”: “”,
\n “con”: “”
\n },
\n {
\n “pro”: “”,
\n “con”: “”
\n }
\n]
\n\t\t\tmtctheme_related_title = “Related Posts”
\n\t\t\tmtctheme_featured_blogs_usca = [
\n “12728”,
\n “12729”,
\n “12683”,
\n “12721”
\n]
\n\t\t\tmtctheme_featured_blogs_eume = [
\n “12728”,
\n “12683”,
\n “12721”,
\n “12729”
\n]
\n\t\t\tmtctheme_featured_blogs_aunz = [
\n “12728”,
\n “12683”,
\n “12721”,
\n “12729”
\n]
\n\t\t\tmtctheme_synopsis = “Crowdfunding for weight loss surgery is a worthwhile alternative for individuals lacking funds for their treatment. There are times when all the avenues for arranging finances for bariatric surgery close due to reasons such as: Bad credit score, Non-completion of formalities, Cumbersome procedure for arranging finances”<\/p>\n","protected":false},"excerpt":{"rendered":"
Crowdfunding for weight loss surgery is a worthwhile alternative for individuals lacking funds for their treatment. There are times when all the avenues for arranging finances for bariatric surgery close due to reasons such as: Bad credit score, Non-completion of formalities, Cumbersome procedure for arranging finances<\/p>\n","protected":false},"author":1,"featured_media":52342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[179],"tags":[],"location":[409],"procedure":[242],"class_list":["post-12720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bariatric-surgery","location-abroad","procedure-bariatric"],"_links":{"self":[{"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/posts\/12720"}],"collection":[{"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/comments?post=12720"}],"version-history":[{"count":5,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/posts\/12720\/revisions"}],"predecessor-version":[{"id":74719,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/posts\/12720\/revisions\/74719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/media\/52342"}],"wp:attachment":[{"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/media?parent=12720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/categories?post=12720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/tags?post=12720"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/location?post=12720"},{"taxonomy":"procedure","embeddable":true,"href":"https:\/\/mtctheme.medicaltourismco.com\/wp-json\/wp\/v2\/procedure?post=12720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}