- 01
Gifts, not investments
A backing is a voluntary gift towards a goal. Nothing is sold, no ownership changes hands and no return is promised. Backers support a person; you keep control.
- 02
Why milestones still matter
Without contracts, Backers rely on transparency. Money is held per milestone and released only when you prove progress, so they can give with confidence.
- 03
What you owe Backers
Honesty: a true story, proof for each milestone and updates in chat. Not profits or repayment. If you cannot finish, unreleased money goes back to Backers.
How Backers are protected
14-day review per milestone
When proof is posted, each Backer has 14 days to release their share or ask for more. Money not released in time goes back to the Backer.
15% fee, deducted — never added
Backers pay exactly what they choose. The 15% fee comes out of each backing: €100 gives the Dreamer €85. The fee is kept if money is returned.
Gifts, not shares
Backings are gifts. No shares, equity, interest or repayment, and Dreamers keep full ownership. Nothing on cohero is an investment or a loan.
Example milestone plan
An example plan for a community water access dream with a goal of €18,000. Backers fund the whole goal, but each milestone's money stays held until you post the proof and Backers release it.
Milestone 1
€2,700 · 15%
Assess source and site
Post the site assessment, proposed system layout and itemised installation quote, with household information removed.
Milestone 2
€6,300 · 35%
Prepare source infrastructure
Share dated source-work photos, contractor progress records and receipts for completed groundwork and source components.
Milestone 3
€6,300 · 35%
Install distribution equipment
Post tank and pipe installation photos, equipment invoices and an installer checklist covering the completed system.
Milestone 4
€2,700 · 15%
Verify operation and upkeep
Share dated water test reports, commissioning records and a maintenance schedule with private contact details hidden.
Budget example
A typical cost split for a community water access dream in Athens, shown in EUR. Backers are charged the equivalent in US dollars.
Example goal
€18,000
- Source works and installation€8,100 · 45%
- Storage and distribution equipment€4,500 · 25%
- Assessment and water testing€3,600 · 20%
- Maintenance tools and training€1,800 · 10%
What you receive
- Backers give
- €18,000
- Platform fee (15%)
- −€2,700
- You receive
- €15,300
Risks to plan for
- R1
Source proves unsuitable
An assessed source may not support the planned system throughout the year. Put source evaluation first and define a redesign checkpoint before committing the main installation budget.
- R2
Testing requires changes
Water test findings may show that the installed setup needs further work. Reserve funds for follow-up testing and adjustments rather than treating physical completion as proof of readiness.
- R3
Maintenance has no owner
Equipment can fall out of use when servicing responsibilities are unclear. Name a maintenance role, document training and include essential spares in the final milestone budget.
Questions and answers
Do I have to pay Backers back?
No. Money released for completed milestones is yours. Money still held for unfinished milestones can go back to Backers under the Backing Policy, minus the platform fee.
Is a photo of flowing water enough proof?
Flow demonstrates operation, not water quality or long-term reliability. Include dated test reports, installation records and the maintenance plan so Backers can assess what the project has actually completed.
Can this fund repairs instead of a new water point?
Yes, describe the existing system and the specific fault being addressed. Use an assessment, documented repair work, replacement-part receipts and final testing as proof, rather than presenting repairs as a new installation.
Ready when you are
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