What are the best possible option for raising funds for a MFI Startup?

Best possible fundraising options are:

-Community welfare seminars in larger cities for Donations and Fundraising

-Contacting the Micro Financing Global Donors and other Local institutions set up at government level for grants

-Borrowing a subsidized long term loan from institutions and International NGOs/NPOs

It is advisable to contact the nearby commercial bank operating in that area where the proposed MFI is to start with. If not, then it is better to contact the leading commercial banks in that country and to find out to which extent they could help the proposed MFI by way of their investment. A detailed discussion with their senior officials will guide the MFI to look for cheaper funds around and also from other international organizations.It will further enable them to get effective operational procedure to run the MFI profitable in future

Hi,

I believe that the best method is to reach international aid organisation, such  as USAID or Canadian Aid. Even though the World Bank can help and assist in such a programme like this. Successful of this proramme depend on the way that it implemented and been conducted in the region.

 Bank ,finance coorparaion had acapitals of maney colected in one fund to geother and distribueded to small loans or projects with strong grantee to repaly our loans

Adam