Financiamiento comunitario

Financiamiento comunitario, or community financing, refers to funds raised local residents, organizations, or neighbors to support community projects or initiatives. This approach fosters collective investment in local development, such as infrastructure, social programs, or businesses. It can include donations, crowdfunding, or cooperative financial arrangements. By involving the community in funding decisions, it enhances ownership, sustainability, and responsiveness to local needs, creating a collaborative way to finance projects without relying solely on government or external sources.