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  • September 2013
  • Case
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Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development

By: William R. Kerr and Alexis Brownell
  • Format:Print
  • | Language:English
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Abstract

Homestrings is an online investment platform for overseas diasporas to link financially with their home countries. The founder believes crowd-funding can become a pillar for development, but U.S. regulatory hurdles and resources constraints are substantial. The company is considering targeting non-diaspora investors, introducing new products like insurance or banking, and related expansion strategies.

Keywords

Diasporas; Investments; Regulations; Africa; Crowd-funding; Development Finance; Entrepreneurship; Business Growth and Maturation; Financial Services Industry; Africa; United States

Citation

Kerr, William R., and Alexis Brownell. "Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development." Harvard Business School Case 814-031, September 2013.
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About The Author

William R. Kerr

Entrepreneurial Management
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Related Work

    • July 2014
    • Faculty Research

    Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development

    By: William R. Kerr and Penelope Rossano
Related Work
  • Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development By: William R. Kerr and Penelope Rossano
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