"the way Watsi works is that we accept every single patient’s profile before the patient receives care. Just like an insurance company. We’re not retroactively approving things. We guarantee funding. We won’t take a profile down until it is fully funded. No other crowd-funding platform that I know of works this way.”
Isn't this exactly how Kiva works? AFAIK, profiles on Kiva have already received funding from their respective microlending institution. Kiva then pays the microlending institution from the funds they raised. That's a reason why repayment rates are so high; the borrowers have already been vetted and given the loan...