Crowdfunding and Financial Sustainability of Non-profit Entities in an Emerging Country, Colombia: A Systematic Review

Abstract

This systematic review examined the role of crowdfunding in the financial sustainability of nonprofit organizations (ESAL) in Colombia. Following the PRISMA protocol, the study conducted a rigorous search and information management process in academic databases such as Scopus, Web of Science, and Google Scholar. Researchers analyzed 60 studies published between 2013 and 2024. The findings indicated that crowdfunding could diversify income streams and strengthen community engagement, though it faced challenges such as limited digital connectivity and institutional distrust. The review proposed strategies to overcome these obstacles, including digital literacy programs and transparency practices. This study contributed to the literature by offering a framework tailored to vulnerable contexts and suggested areas for future research.