Organization Setup

The legal status of the proposed fund could take the shape of an NBFC registered with the SECP (Venture Capital, Private Equity or Investment Bank); or a not for profit company or a trust. Both options have their pros and cons and can be evaluated in detail.

The institution can benefit initially from the vast experience of NRSP. Later, other Micro Finance Institutions (MFIs) may also be invited to participate and bring in their expertise of creating linkages with the rural communities which would be vital to the long term success of these projects. For this, the Pakistan Microfinance Network (PMN) may also be co opted to create linkages with other microfinance players for creating robust value chains.