ePondo: A Web-Based Rewards Crowdfunding Platform

Abstract

The rising population of Filipinos under the poverty line is an increasing concern for the Philippines. Furthermore, the government has provided solutions such as 4Ps to attenuate the numbers. Still, there remains improvement and opportunities beyond these that can contribute to the initiative of the government to reduce poverty in the Philippines. This study aims to develop an application and explore how a rewards crowdfunding platform assists low-income and poor Filipino families through cash grant donations from crowdfunding campaigns and income revenue with commission rewards from small job opportunities in the form of services. With the same concept of the 4Ps of providing human capital investment, this study utilizes a rewards crowdfunding platform to crowdfund human capital investments through donations towards campaigns. In addition, incorporating an income revenue with commission rewards process through small job opportunities in the form of services. The study found that ePondo as a tool could generate service earnings income with commission rewards. Moreover, there were no generated campaign donations during this study. Still, users were found to have high positive endorsement support and continuation rate for campaigns and services, showing that ePondo is a high-yield tool that can assist low-income and poor Filipino families in balancing income generation with expenses output for expenses households.