Tune Your World :: Music + Microfinance

MICROFUNDO is changing the way the world finances music by applying the principles of microfinancing to the music industry : a Kiva.org for music.

MICROFUNDO's mission is to support the entrepreneurial activities of independent musicians from developing countries around the world - championing undiscovered musicians who would otherwise not have the means to develop their music careers.

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FEATURED ARTIST

La Otrabanda

La Otrabanda
Hometown: Cabudare, Venezuela
Artistfunding Amount: $1000
Funding Supports: Production Of Music Video To Market La Otrabanda Album

We grew up in a part of the world where there are two things that keep you from sleeping until late in the mornings: the roosters and the omnipresent melodies usually coming from all directions, even in the early morning hours. It’s this music that provides some relief from the tough and unpleasant routine of poverty. Music provides respite: at least everyone has the power to choose the radio station they hear during lunch, even when for some people their plate of food looks the same every day.

Fund La Otrabanda’s Campaign >>
 
MICROFUNDO MIX
Sofia Rei Koutsovitis & Avantrio
Hometown: Buenos Aires, Argentina
Current Segment: Microfundo correspondent Amy Bracken talks with Sofia Rei Koutsovitis of the Afro-Peruvian group Avantrio. Sofia Rei Koutsovitis likes to sing. I mean really sing. She has since she was a little girl growing up in Buenos Aires. Koutsovitis has developed an interest in Afro-Peruvian rhythms and this is something she is persuing with a percussionist and bassist in their new Avantrio project.
KOUTSOVITIS: "It's a very interesting setting because there is no harmonic instrument - there is no piano or guitar so the quality of the sound of the trio is something very particular and every time we play people get really, really interested by it because you can hear so well each of us doing what we're doing and it's like a very raw sound."

Support Avantrio's project on Microfundo >>

Tune in to our regular Microfundo Mix podcast >>

Members

  • Marcus Santos
  • Juan-Carlos Formell
  • Gregorio Uribe
  • Alex Alvear
  • Kenny Kozol
  • Rio Samba Dance
  • Aletta
  • Georgia Popplewell
  • Jessica
  • Lorne Stelmach
  • Rob Spillman
  • alicea
  • Pamela
  • MANGGO
  • Christina
  • Megan Romer
  • Michael Angelo Alonzo
  • prashanth
  • Makeda Taylor
  • Nick Grondin
  • Nish
  • Gina
  • Mardi
  • Federico Romano
  • Nothende
  • ainslie whiteman
  • josh-wah

Blog Posts

Tune Your World

Marillion gathers their tribe of music fans with 'Happiness is the Road'

Mariliion


The British band Marillion is one of the first to engage its tribe of true fans to help the band raise touring and marketing dollars. In 1997, the band found they couldn't afford to finance a US tour, so their dedicated fan base took matters into their own hands. The fans rai… Continue

Posted by Tune Your World on July 15, 2009 at 10:30am

Tune Your World

Mieka Pauley says contributions from fans completely paid for her new CD


Just a few years ago, singer-songwriter Mieka Pauley would play in Harvard Square for spare change. Her new album was also funded by fan generosity, but this time she got the money up front, via PayPal.

For "Elijah Drop Your Gun," her first full-length disc in seven years, the Harvard gr… Continue

Posted by Tune Your World on July 6, 2009 at 7:30pm

Tune Your World

Sex, Drugs and Blog Posts!! How to be an Artist 2.0



The New York Times recently ran a great story on Singer/Song writer Jonathan Coultan that highlights best practices for how a single artist can earn a living from mu… Continue

Posted by Tune Your World on June 22, 2009 at 8:00am

Tune Your World

Tim Feriss - Derek Sivers Video Interview


Tim Ferriss is the author of the hugely popular book The Four Hour Workweek. Derek Sivers is the musician who started Continue

Posted by Tune Your World on June 10, 2009 at 12:00pm

Tune Your World

Jill Sobule Goes to Fans for Album Financing



Canadian recording artist Jill Sobule needs $75K to record her album, but rather than taking an advance from a label, as she has in the past, she's going straight to her fans for financing.

So far, they have contributed $66,319 to her cause, so if the trend continues, she'll be hea… Continue

Posted by Tune Your World on June 12, 2009 at 7:30pm

 
 

About

HOW DOES MICROFUNDO WORK?

Choose a Musician's Campaign, Lend, Get Repaid

1. Music Fans like you can browse Campaigns of Musicians and choose an artist to lend to. When you lend, using Paypal or your credit card, Microfundo collects the funds and then passes them along to the artist once they've reached their goal.

2. Over time the artist is able to repay the loan via sales of digital downloads of their music that is distributed through Microfundo's media partners at Natonal Geographic and Mondomix.

3. When you get your money back you can re-lend to another artist Campaign or choose to purchase their artists' new releases or you can simply keep your money.

You, the fan, provide microfunding for musicians from one of the unlikely music capitals of the world - the townships of Capetown, South Africa, say, or the favelas in Salvador, Brazil. You are directly engaged in their creative process - making new and completely unique recordings that wouldn't exist without your assistance.

Change the lives of our Artists and help develop a thriving music economy around the globe.

Get Started >>
 

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