CYC Nepal Laghubitta Bittiya Sanstha Ltd.

The CYC Nepal Laghubitta Bittiya Sanstha Ltd. was  registered on 11 February 2019 as a public company as a class ‘D’ financial institution with the Nepal Rastra Bank under Act, 2063 and started formal microfinance operation from 15 March, 2019. CYC Nepal Laghubitta Bittiya Sanstha was previously operating its microfinance activities  from CYC (Chartare Youth Club), an NGO which is located in Samikshalaya Road Baglung.

Currently CYC Nepal Laghubitta Bittiya Sanstha is providing microfinance services to deprived household from Hilly and Mountainous regions of Nepal with prime focus on low-income households, assets-less, self-employed in the informal sector to uplift their livelihood increasing involvement in economic activities and income generating activities. Besides all these financial services, it also focuses on their social development, cultural promotion, educational development, skill development & many more activities by its fully operated 124 branch offices which are located in all over the Nepal.

Chhayanath Saving and Credit Cooperative Limited

Chhayanath Saving and Credit Cooperative Limited is a community based member owned cooperative organization established on August 5, 2014 by 34 generous people including unsalaried, farmers and social activities located in Gamgadhi area at that time. Later it was registered under Cooperative Act 2048 at Division Cooperative Ofice, Jumla on September 21, 2014. The purpose of establishing this cooperative society was to fight against poverty that existed in this area and enhance mutual help through cooperative activities. It is located in the northern part of Gamgadhi of Mugu District. It is involved in Mugu District as its working area and operating 3 service centers in different places. It has been providing wide range of financial and other services to its members to uplift socio-ceonomic status of their life. It is also involveded in variety of member development programs such as livelihood, health and education as well as women empowerment programs.

Jeevan Bikas Laghubitta Bittiya Sanstha Ltd.

Jeevan Bikas Laghubitta Bittiya Sanstha Limited, a national level “D” class financial institution promoted by Jeevan Bikas Samaj (Non-Governmental Organization), has been providing financial services since February 28, 2019. In accordance with the Regulations on Merger and Acquisition Bylaws of Banks and Financial Institutions, 2017 issued by Nepal Rastra Bank, the merger had been completed with Solve Laghubitta Bittiya Sanstha Limited and Garibi Nyunikaran Laghubitta Bittiya Sanstha Limited and the integrated transaction commenced from September 7, 2020. Likewise, Jeevan Bikas Laghubitta Bittiya Sanstha Limited has been awarded as the ‘Best 3Z Support Organisation’  consecutively in 2022, 2023   and 2024 amist events organized to mark the 12^th Social Business Day, 2022, 13^th  Social Business Day, 2023 and 14^th Social Business Day, 2024 respectively.

Upakar Laghubitta Bittiya Sanstha Ltd.

Upakar Laghubitta  Bittiya Sanstha Limited is registered as ‘D’ class Financial Institution (Microfinance Bank) licensed by Nepal Rastra Bank. It was transferred from the microfinance programe of Mahila Upakar Manch. It is established on January 31, 2019 at Kohalpur, Banke and started its services on March 15, 2019 and registered according to company Act on August 10, 2018 .

Kalika Laghubitta Bittiya Sanstha Ltd.

Kalika Laghubitta Bittiya Sanstha Ltd. (KLBSL) is a ‘D’ Class Microfinance Financial Institution licensed by Nepal Rastra Bank under the Bank and Financial Institution Act, 2063. The institution commenced its financial transactions on Bhadra 4, 2067, with a commitment of promoting financial inclusion, entrepreneurship, and poverty reduction.

KLBSL has transformed conventional banking practices by promoting a community-based financial system built on mutual cooperation, trust, participation, and accountability. The institution provides accessible credit to economically disadvantaged people from diverse ethnic, social, and religious communities, particularly in rural areas. Through credit facilities, with or without collateral as per KLBSL’s loan policy, the institution supports clients in pursuing entrepreneurship, income-generating activities, and sustainable livelihoods.

KLBSL views responsible access to credit as an effective tool for poverty reduction and socio-economic empowerment, enabling people who have traditionally remained outside the formal financial system to access financial opportunities and build better livelihoods.

Currently, KLBSL provides microloans, savings and deposit services, and remittance services through a network of 109 branch offices across 50 districts. Through its expanding outreach, KLBSL remains committed to financial inclusion, entrepreneurship development, community empowerment, and sustainable economic growth, contributing to Nepal’s broader national goal of poverty reduction.

Navajeevan Cooperatives Limited

Navajeevan Cooperatives Limited started its operation in 1993. In the same year, the cooperative was authorized to carry out limited banking transaction by Nepal Rastra Bank. It is the first cooperative in Nepal approved by Nepal Rastra Bank to carry out limited banking transaction. It has been developing saving habits among its members through saving collection and investing the accumulated capital in areas  such as agriculture, livestock and microenterprise. Among the years,  with this people centric approach where wellbeing of members are prioritized over profit, it has helped the members in economic and social transformation to great effect. It has also helped develop financial access among  its members supplanting the informal money lenders as well as resuscitate the local economy in those regions where it is currently serving.

Manushi Laghubitta Bittiya Sanstha Limited

Manushi microfinance program has started its operation from April 2002. It is promoted by Manushi, an NGO which was established in 1991. Presently, Manushi Microfinance is registered under company act and got the D class bank license from Nepal Rastra Bank on October 11, 2018. The program is fully guided by the principles such as reaching the poorest, supporting and empowering women, building financially self-sufficient institution and insuring positive and measurable impact on the lives of clients and their families. With a view to opening up new venues of expansion and exploration of program among clients, Manushi Laghubitta Bittiya Sanstha Limited is dedicated in pushing and pulling our activities further, bring sustainable development and bring them in the main stream of development. Its program has supported the rural economy and has contributed to enhance social security, women’s empowerment, child education, health and sanitation. It currently covers 14 districts of Nepal and especially caters to marginalized communities in hilly and mountainous region of Nepal through promotion of self-employment.  It is the also the recipient of the ‘Laghu-Udhyamsheelta Bikas Puraskar’ for the FY 2074/75 initiated by CSD in recognition of their outstanding contribution in the development and grooming of  micro-entrepreneurs in its operating area.

Chameli Bachat Tatha Rin Sahakari Sanstha Ltd.

Chameli SACCOS was established to create self-employment and enhance economic status of the local people with priority on local youths.  It was established by Mr. Bharat Shah with the support of other like-minded people  who had keen interest to uplift the socio-economic status of local people.  It  was registered on December 11, 2001 in Division Cooperative Office, Dhanusa and initiated its saving and credit activities  from December 14, 2001. At the beginning, it disbursed shares to 26 male and 1 female members having face value of Rs 100 each and had total share capital of Rs 2700. It has made a steady progress from thereon.

Unique Nepal Laghubitta Bittiya Sanstha Ltd.

Unique Nepal Laghubitta Bittiya Sanstha Ltd. (UNLBSL) is a rural micro-finance institution. UNLBSL obtained micro-finance banking license from the Nepal Rastra Bank in October 2018. However, the history goes back to the year 2000, when UNYC Nepal started working in this field. It has continuously worked for last 18 years under the provisions of Financial Intermediatory Act, as a ‘FINGO’. It continually aims at improving access to financial services. It strives to promote culture of saving, encourages income generation, supports micro-entrepreneurship development and provides social security services to its clients. It has been promoted by UNYC Nepal, Prabhu Bank, NCC Bank (Kumari Bank and Nepal Credit and Commerce Bank (NCC) merged with each other and started integrated business from 1st of January 2023. After the merger of Kumari and NCC, the consolidated business started under the name of Kumari Bank Limited in a share swap ratio of 1:1) and other individual shareholders. It is registered under the Company Act of Nepal. It believes in multi-layered and targeted interventions to address the causes of poverty of its clients. Therefore, it promotes an enabling eco-system to provide business development opportunities. In the partnership with the Central Bank of Nepal, line ministries and development agencies, it is engaged to improve access to finance. It has been accredited by “Smart Campaign, Client Protection Certification.”

Navodaya Bahuudeshiya Sahakari Sanstha Ltd.

Navodaya Bahuudeshiya Sahakari Sanstha Ltd. started its operation on June 1998 in Topgachi of Jhapa district. Having carried out savings and credit cooperative in the district serving the marginalized population in the area, it started its microfinance program following the Grameen model to better serve its members in the year 2005. Apart from its microfinance services it also prioritizes on credit-plus program with focus on education, health and environmental protection. The organization has also been promoting integrated agriculture management through pooling of land from different landholders. This involves collective utilization of agricultural land by multiple farmers or landowners with the goal of achieving greater efficiency, productivity, and sustainability through integrated farming practices. This practice is especially beneficial for small-scale farmers who may not individually possess the resources or expertise to implement comprehensive farming techniques. Similarly, all the service centres of the organization are equipped with solar home system, internet and software as well as CCTV camera. The organization delivers its services to its members through tablet and mobile banking. It also provides remit as well as drinking water and electricity  bill payment services to its members. Similarly it sells fertilizers at minimum quoted price, provides rural credit insurance facility as well as other essential facilities for its members.

CYC Bachat Tatha Rin Sahakari Sanstha Ltd.

CYC Bachat Tatha Rin Sahakari Santha Ltd, located in the Baglung district of western Nepal, came into existence to financially support agricultural and small-scale infrastructural activities of the local community in April, 2010. It started its savings and credit operations from the month of September of the same year. The cooperative provides various skill development training and technical intervention   along with financial services to its members thus encouraging micro-entrepreneurship in the region.

Karnali Bachat Tatha Rin Sahakari Sanstha Ltd.

Karnali Bachat Tatha Rin Sahakari Sanstha Ltd. commenced its activities  in the year 2000 from eastern Nepal and implemented various community development programs for its members. It was established by some motivated people residing in Birtamod, Jhapa to improve the living standards of the local communities. It commenced its microfinance program in 2004 to develop financial access among its members. Karnali SACCOS serves its members through both its cooperatives and microfinance departments. The cooperative provides various credit-plus activities like skills building and leadership development programs to its members and supports in developing micro-entrepreneurs.

Pioneer Bahuudeshiya Sahakari Sanstha Ltd.

Pioneer Bahuudeshiya Sahakari Sanstha Ltd. has been  providing small-scale loans and creating employment opportunities in Surkhet. It follows the seven international practices of microfinance and is dedicated towards improving the standard of living of its members.   Pioneer promotes micro-entrepreneurs and the agricultural sector among its members through financial and technical support. It has received recognition as the ‘Best Cooperative’ in 2072 B.S. on the National Cooperative Day. Furthermore, Pioneer’s manager was awarded ‘Best Manager’ in the year 2073 B.S.

Vijaya Laghubitta Bittiya Sanstha Ltd.

Government of Nepal and Nepal Rastra Bank (Central Bank) has   prioritized microfinance services as one of the primary attributes for development and poverty alleviation.

After the successful merger of two different institutions (Sarathi Laghubitta Bittiya Sanstha Ltd., Vyas-02, Damauli, Tanahun and Naya Nepal Laghubitta Bittiya Sanstha Ltd., Dhulikhel -03, Kavrepalanchowk), the unified companies was given new name, “Naya Sarathi Laghubitta Bittiya Sanstha Ltd”. It is a public limited company under the Company Act 2063 and operating under the Banking and Financial Institution Act (BAFIA) 2073. The organization is licensed by NRB as a “D” class National Level financial institution under the BAFIA. Naya Sarathi Laghubitta Bittiya Sanstha Limited (NSLB) and Vijaya Laghubitta Bittiya Sanstha Limited (VLBS), a licensed financial institution of the “D” category from Nepal Rastra Bank have also completed the merger procedure. “Vijaya Laghubitta Bittiya Sanstha Limited” is the name of the new company and the integrated financial transaction has been  carried out from 31st Ashad, 2080 (July 16, 2023). The companies had signed the Memorandum of Understanding (MoU) on 26th Mangsir, 2079 (December 12, 2022) for the merger process.

National Laghubitta Bittiya Sanstha Ltd.

National Laghubitta Bittiya Sanstha Ltd (NLBSL) is the national level micro-finance institution promoted by prominent and dynamic commercial bank, Development bank, financial institution and other reputed individuals. National Laghubitta Bittiya Sanstha Limited is incorporated in Nepal as a D Class licensed financial institution as per Bank and Financial Institution Act, 2063. This microfinance is a limited liability company registered in Office of the Company Registrar in the FY 2070/071 it obtained its license to carry out the financial transactions on 2071.02.28 from Nepal Rastra Bank.

It has been improving access to financial services of the poor and marginalized women members, promoting a culture of saving, encouraging income generation, supporting micro- enterprises development and providing social security services to its members

National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has successfully acquired Mahila Sahayatra Laghubitta (MSMBS). After the acquisition, the joint transaction has commenced from July 14, 2021. Nepal Rastra Bank provided the final approval for the acquisition on June 29, 2021.  Likewise, the office of the company’s registrar has given the approval on July 8, 2021. Both the microfinances had already received permission from the respective SGM held on June 8, 2021.

Swarojgar Laghubitta Bittiya Sanstha Ltd.

Swarojgar Laghubitta Bittiya Sanstha Ltd. was established in the year 2009. Currently it is a ‘D’ class microfinance institution based in the Kavrepalanchowk district.  It focuses on upliftment of social-economic status of the poor and backward communities through its microfinance services. While providing service it focuses on   gender mainstreaming, social inclusion and economic empowerment of poor. It fosters savings habits among its members and promotes microenterprise development through various skill development training and technical support program.

Suryodaya Womi Laghubitta Bittiya Sanstha Ltd

After receiving license from the NRB to operate as a ‘D’ class microfinance institution, Womi Laghubitta Bittiya Sanstha Ltd, initiated its microfinance activity in March, 2012. It is promoted by a group of professional women who envisions reducing poverty through quality financial services and social awareness programs for the poor and marginalized community. Womi is also working for gender mainstreaming as well as supports unemployed youth by providing sustainable microfinance services and empowering them through training and awareness programs to kick start business activities locally. The organization believes in utilizing indigenous skill, labor and capital for the economic development of the country.

Womi Laghubitta Bittiya Sanstha  limited has successfully completed merger with Suryodaya Laghubitta Bittiya Sanstha Limited. Both the companies have commenced joint operation from April 2, 2022 (Chaitra 19, 2078). After the merger the new institution has operated in the name of “Suryodaya Womi Laghubitta Bittiya Sanstha Ltd.”  Nepal Rastra Bank provided the consent to both the companies for the merger on February 17, 2022 (Falgun 5, 2078). The merger had been finalized with share swap ratio of 1:1.

Nerude Mirmire Laghubitta Bittiya Sanstha Ltd.

NRDSC received license from NRB in May 2007 to promote an entity to practice microfinance under the Development Bank Act of 2052. Now a ‘D’ class microfinance institution, as per Bank and Financial Institution Act, 2073 (2017), which is  providing its members with organized and standardized services. It was one of the early microfinance institutions in eastern Nepal and has been engaged in financial literacy and community development program since its onset. Nerude prioritizes in encouraging and promoting the agricultural and small enterprise sector, providing training and technical support to its members accordingly. It strives to establish itself as a self-sustaining financial institution and a social agent of delivering financial and non-financial services to the overlooked grassroots population.

Similarly, with the objective of providing sustainable microfinance services to the poor and marginalized communities in the region, Mirmire Laghubitta Bittiya Sanstha Ltd was founded in December 2009 in the Kavrepalanchowk district of central Nepal.  Initiating its operation as a ‘D’ class microfinance institution form October, 2010 it seeks to improve the living standards of its members and contribute towards poverty alleviation. Through microfinance as well as credit-plus programs the organization supports in creating an environment for self-employment opportunities for its members and create self-sustainable households in its area of operations.

Nerude Laghubitta Bittiya Sanstha Limited and Mirmire Laghubitta Bittiya Sanstha Limited had signed a merger deal at a swap ratio of 1: 1. As per the merger agreement, “Nerude Mirmire Laghubitta Bittiya Sanstha Limited” has been agreed upon as the name of the new company. The companies has started joint business on Falgun 30, 2080.

Chhimek Laghubitta Bittiya Sanstha Ltd.

To better serve its members in a more organized manner with focus on microfinance, the Neighborhood Society Service Centre (NSSC) received license from Central Bank in January 2002 to promote a separate entity under the Development Bank Act of 2052. As a ‘D’ class microfinance institution, it has now become one of the largest and model MFI in the country providing financial access to the poor and marginalized women members. Through it initiatives, it strives to promote savings culture, encourage income generation, support micro-enterprise development and provide social security services to its members.  Chhimek seeks to enable its members to contribute towards creating a self-reliant rural society through self-employment and social awareness. It has been accredited by “Smart Campaign, Client Protection Certification.” The first Shanker Man Shrestha Laghubitta Puraskar 2078/79 was presented to Chhimek Laghubitta Bittiya Sanstha Ltd. Chimmek was awarded the first Shankar Man Shrestha Laghubitta Puraskar 2078/79   for its contributing in following the norms, principles and values of microfinance based on Grameen Model for its sustainable growth and brining socio-economic development among its members.

Forward Microfinance Laghubitta Bittiya Sanstha Ltd.

In order to improve the socio-economic status of the poor and marginalized households in the Sunsari district, Nepal Forum for Rural Women  Ardency Development (FORWARD) was established in the year 2002 as an NGO. Inspired by the microfinance program in Bangladesh, it promoted Forward Community Microfinance Bittiya Sanstha Ltd. in January, 2003 to cater to the financial need and aspiration of local deprived communities. It carried out numerous community development and financial literacy programs for its members encouraging the habit of savings, proper loan utilization and engaging in income generating activities. In the year 2013, it started its formal operation as a ‘D’ class microfinance institution after receiving license from the Central Bank.

Aarthik Bikash Mitra Saving And Credit Cooperative Society Ltd.

Aarthik Bikash Mitra Saving and Credit Cooperative Society Ltd. was established on 5^th Poush 2061 (December 20, 2004) by 37 members with the intention of serving the then Village Development Committees of Hokse, Anikot, Mahadevsthan, Dolalghat and Bhumlu in the Kavrepalanchok district. The cooperative aimed to provide services desired by its members, collect scattered small capital and promote the habit of regular savings. It was established with the objective of supporting the economic, social and cultural upliftment of its members through various transactions. Nearly a year after its inception on December 2005 the cooperative was registered at the Division Cooperative Office in Bhaktapur. As the organization continued to dedicate itself to serving its members within its working areas, it broadened its services in response to the members’ demand. To further strengthen and make the cooperative movement more effective, the organization merged with Mitra Saving and Credit Cooperative Ltd which was registered at the Division Cooperative Office in Dhulikhel on 7^th Baishakh 2053 BS (April 19, 1996) with the purpose of fostering friendship and encouraging the habit of saving among its 25 founding members.  Following the merger, the cooperative was renamed as Aarthik Bikash Mitra Saving and Credit Cooperative Society Ltd., expanding its working are to the entire Kavrepalanchok district.

Swabalamban Laghubitta Bittiya Sanstha Ltd.

In October 2001, CSD in partnership with three commercial banks and a cooperative promoted Swabalamban Laghubitta Bikas Bank Ltd. under the Development Bank Act of 2052. Swabalamban Laghubitta Bittiya Sanstha Ltd. (SWBBL) initiated its microfinance activities from   January, 2002. It is now ‘D’ class institution and in the years developed products and services befitting their needs of target members. SWBBL believes in delivering microfinance services at the doorsteps of its members and serve the deprived and socio-economically marginalized communities. It makes conscious effort to revisit and refine its products, services, delivery models and channels.  As a national level institution, it has presence in all seven provinces and works towards financial inclusion, women empowerment and entrepreneurship development thereby moving a step closer to the goal of alleviating poverty in Nepal.

Mahila Sahayogi Bachat Tatha Rin Sahakari Sanstha Ltd.

Mahila Sahayogi Bachat Tatha Rin Sahakari Sanstha Ltd, was established in December of 1999 by 28 professional women who sought to provide financial support to women entrepreneurs and to empower women residing in the rural and semi-urban areas of Kathmandu valley. Since its inception, the cooperative has strived to provide quality savings and credit facilities as well as develop the entrepreneurial skills of its members. Sighting microfinance as an effective tool in alleviating poverty, the organization initiated its microfinance program in July, 2002. Through its various programs, it aims to enhance women’s capacities and generate employment opportunities to help raise the overall status of women in their program areas.

Bauddha Grameen Bahuudeshiya Sahakari Sanstha Ltd.

Bauddha Grameen Bahudeshiya Sahakari Sanstha Ltd (BGBSSL) was established by 25 likeminded youths of the Khampa community in Surkhet who strived to improve the standard of living of the tribal communities, especially of those who had migrated from the far-north districts of Jumla and Mugu in the year 2000. The cooperative fostered saving habits among its members and soon provided them with savings and credit facilities. From 2006 onwards it started delivering microfinance services to its members, further empowering them with financial and credit plus activities. BGBSSL focuses on financial literacy and community development programs to strengthen the socio-economic status of its members.

Mahuli Laghubitta Bittiya Sanstha Ltd.

Mahuli Laghubitta Bittiya Sanstha Ltd. which was founded in 1994 by 54 individuals committed to the socio-economic development cause of the local community, is  promoted by an NGO, Mahuli Community Development Centre. The NGO was actively involved in raising awareness and sensitizing the community on various themes related to health, education, sanitation, savings and so forth. In September, 2000 it commenced its microfinance program to further support its members though viable financial services. Mahuli Laghubittya Sanstha Ltd. received license from the Central Bank in May, 2013 to operate as a ‘D’ Class MFI. Mahuli Samudayik Laghubitta Bittiya Sanstha Limited (MSLB) and Nava Kiran Laghubitta Bittiya Sanstha Limited had signed the Memorandum of Understanding (MoU) to enter into merger. After the merger the  institutions have been operating under the name of Mahuli Laghubitta Bittiya Sanstha as a national level microfinance company.

Deprosc Laghubitta Bittiya Sanstha Ltd.

Deprosc Laghubitta  Bittiya Sanstha Ltd. started its operation in July, 2001 after receiving license from the Nepal Rastra Bank and is one of the pioneer institutions to initiate microfinance activities in Nepal. Through its financial services it aims to cater to the poor, especially those below the poverty line.  The organization has been working towards women empowerment by providing financially viable, technically competent and sustainable microfinance services. In the future, the organization plans to scale-up it outreach by providing competent, cost-effective and customized services to its clients and reaching the people at the bottom of the pyramid.

Deprosc Laghubitta Bittiya Sanstha Limited has signed an agreement regarding acquiring Adarsha Laghubitta Bittiya Sanstha Limited. The signing of the final agreement regarding the acquisition was signed by the companies on 13th Chaitra 2079 (March 27, 2023) The 21st AGM of Deprosc Laghubitta passed an agenda to acquire Adarsha Laghubitta in the share swap ratio of 100%.

Nawaprativa Bachat Tatha Rin Sahakari Sanstha Ltd.

With the vision of creating self-sustainable and prosperous society, Nawaprativa Bachat Tatha Rin Sahakari Sanstha Ltd  first carried out  its activities with just 27 members. It first commenced its activities in the district of Nawalparasi in December, 1997.  Nawalparasi comprises of terai, inner madesh and hill regions in its topography. Similarly, it has presence of people from various ethnic groups and cultures. The cooperative encourages the use of local skills and resources to generate self-employment opportunities for its members at the grassroots. As a community based cooperative, it has been providing financial and social services along with safe and sound savings and credit mobilization. It initiated its microfinance program in 2001 and extended its services in 2004 to better serve its target group. Currently it is operating in Bagmati, Gandaki and Lumbini Provinces.

Batawaran Sudhar Bahuudeshiya Sahakari Sanstha Ltd.

Batawaran Sudhar Multipurpose Co-Operative Limited (BASUCOL), Birendrangar 8, Batabaran Marga, Surkhet is an organization that is established with vision to construct corporative based sound, professionally equipped and self dependency cooperative on 2^nd Chaitra 2059. It has given more priority to make developed society through the microfinance program. It has been working on the field of poor women since 2063.

In the year 2007 it started its microfinance program and later expanded to the neighboring districts of Dailekh, Jajarkot and Salyan.  The cooperative believes in serving far-fetched areas as well as over looked population with sound and sustainable services through its various community development programs. It provides microfinance facilities to the poor and marginalized women who do not have access to banking and financial services. It has also created successful women entrepreneurs. It has helped uproot social barriers of women and helped them to rise in decision-making positions such as school administrators and community forest coordinators. Now it has become a well known matured and successful organization by involving in projects that focus on social inclusion and deprived communities and working as per the will of ordinary people and its members. As a result, women are transformed into  successful entrepreneurs with the support  of microfinance. Similarly, there is drastic change in women empowerment through various trainings and facilitations provided by the organization.  The organization is the recipient of the first ‘Laghu-Udhyamsheelta Bikas Puraskar’ initiated by CSD in recognition of their outstanding contribution in the developing and grooming micro-entrepreneurship in its operating areas.

Sahara Nepal Bachat Tatha Rin Sahakari Sanstha Ltd.

Sahara Nepal Bachat Tatha Rin Sahakari Sanstha Ltd. was established in 1996 having working areas at that time in then three VDCs of Jhapa district which were Charpane, Arjundhara and Ghailadubba. During its establishment share capital of 34,000 was collected from its 34 institutional shareholders.  It is currently the largest microfinance cooperative in Nepal. The cooperative aims to provide facilitates to its members in areas such as finance, health and education. It has extended its service in areas like mobile banking, tablet banking, ATM, Cash Deposit Machine and QR Code. It has also provided facilities to its members through Real Time Service. It is currently working extensively in renewable energy, low cost housing and modern technology. It is currently working in 6 districts of Nepal which are Jhapa, Morang, Sunsari, Illam, Panchthar and Udayapur. In view of its outstanding performance, it was awarded  Top Cooperative Business Award, 2060,   by National Cooperative Federation of Nepal, Top Microfinance Partnership Award, 2064, and Top Microfinance Partnership Award, 2065, by RMDC Laghubitta Bittiya Sanstha Ltd. It was also awarded Maximum Biogas Construction Award, 2066, by the then President of Federal Democratic Republic of Nepal, Credit Union Microfinance Innovation (CUMI) Performance Award for excellent outreach of the poor by the Association of Asian Confederation Credit Unions (ACCU), Thailand in 2012. It has also been accredited by “Smart Campaign, Client Protection Certification” in the year 2021.

Udayadev Bahuudeshiya Sahakari Sanstha Ltd.

Established in 1999 with the vision of eradication of poverty in Kanchanpur District, Udayadev Bahuudeshiya Sahakari Sanstha Ltd commenced its microfinance program in the year 2007 inculcating the habit of savings among its members and encouraging them to borrow small loan amounts to invest in income generating activities. It focuses on fostering positive changes in the socio-economic level of its members, especially the overlooked Tharus, Dalits, Janajatis and other marginalized communities in its program area. Udayadev is providing 50% of total tutition fee to 5 students who have completed SLC/SEE who are studying JTA. Similarly, in order to support entrepreneurs, particularly rice farmers,  it provides paddy seeds to its members  for plantation, buys the rice from its members after being harvested and sells the processed rice in the market. Sighting their contribution to the community, the organization was awarded the ‘Best Co-operative’ in 2059 B.S. by the National Cooperative Union Ltd., Kathmandu.

Kisan Bahuudeshiya Sahakari Sanstha Ltd.

Although Kisan Bahuudeshiya Sahakari Sanstha Ltd.  started its microfinance activities from 2007, for the over-looked and under-served population in the district,  it had obtained license from the NRB as early as 1997 to conduct limited banking services in the Kailali district. It was established to safeguard its members from malpractices and unreasonable interest rates charged by the village moneylenders. Through its financial and technical services it aims to promote and support the agricultural sector in the district. Over the years, it had made a name for itself as the model cooperative in the region, providing quality financial services in line with latest technologies to better serve its target group like ATM and tablet banking. It is one of the largest cooperatives carrying out microfinance service and has been able to increase its involvement and size through product diversification and market penetration. In order to promote entrepreneurship to its members it has recruited  agriculture specialist who has completed BSc in Agriculture as well as Junior Technical Assistants (JTAs). The recruited staff provide technical assistance on agriculture  and livestock related subjects/issues focusing on developing  access to different types of fertilizers, quality of seeds as well as conduct  soil tests of its members who are involved in agriculture. It has also been accredited by “Smart Campaign, Client Protection Certification.”

Nepal Rural Development Society Centre

Nepal Rural Development Society Centre (NRDSC), established in October, 1993 is one of the pioneer non-governmental organizations of eastern region situated in Biratnagar. NRDSC aimed to develop the socio-economic condition of the ultra-poor and deprived families living in the rural and semi-urban areas.  It has been focusing on delivering a number of skill building and capacity building programs to its members to enable them to achieve improved livelihood and engage in income generating activities. It commenced its microfinance program in June, 2000 after receiving license from the NRB. In June, 2007 it promoted a ‘D’ class microfinance institution, Nerude Laghubitta Bittiya Sanstha Ltd, and transferred its entire microfinance portfolio to the new institution. Nerude Laghubitta Bittiya Sanstha Limited and Mirmire Laghubitta Bittiya Sanstha Limited had signed a merger deal at a swap ratio of 1: 1. As per the merger agreement, “Nerude Mirmire Laghubitta Bittiya Sanstha Limited” has been agreed upon as the name of the new company. The companies has started joint business on Falgun 30, 2080.        f

Shrijana Samudayik Bikas Kendra

Shrijana Samudayik Bikas Kendra is a byproduct of a team of dedicated and committed young professionals and social workers who envisioned an improved and dignified way of life for the local communities. It was founded in 1992 as a NGO worked for rural community development and aimed to create social justice and empower the vulnerable groups in the Siraha district. Apart from financial service, it has been carrying out activities in areas of health, education, livelihood promotion and social mobilization. It has promoted a ‘D’ class MFI-Shrijanshil Laghubitta Bittiya Sanstha Ltd.

Grameen Swayamsewak Samaj

Grameen Swayamsewak Samaj was established in 1994 as a non-governmental organization.  Since its inception, it has been working for the socio-economic empowerment of the rural poor and partaking social, financial, infrastructural and community development programs benefitting its members within its area of operation. It has set its priority on deprived and overlooked population in the region that had been sidelined by community development programs and financial institutions. It started as microfinance program in the year 2005 after obtaining license from the Central Bank to deliver financial services to the households they served. It has promoted a ‘D’ class MFI-Grameen Swayamsewak Laghubitta Bittiya Sanstha Ltd. Womi Laghubitta and Grameen Swayamsewak Laghubitta after the successful merger has commenced its joint transactions in the name of Womi Laghubitta Bittiya Sanstha Limited from March 16, 2021.

Womi Laghubitta Bittiya Sanstha  limited has successfully completed merger with Suryodaya Laghubitta BIttiya Sanstha Limited. Both the companies have commenced joint operation from April 2, 2022 (Chaitra 19, 2078). After the merger the new institution has operated in the name of “Suryodaya Womi Laghubitta Bittiya Sanstha Ltd.”  Nepal Rastra Bank provided the consent to both the companies for the merger on February 17, 2022 (Falgun 5, 2078). The merger had been finalized with share swap ratio of 1:1.

Mahila Upakar Manch

Mahila Upakar Manch, an NGO based in Banke district, has been working with the community members for their socio-economic empowerment including microfinance and micro-entrepreneurship development programs to support many of its members and their families. It was established in 1993 as a women-led organization and received license from the NRB in 2007 to initiate its microfinance program. The objective of this organization is to raise the economic and social status of people living in Lumbini Province   as well as to work for poverty reduction. It also works for gender mainstreaming and social inclusion through microfinance as well as other relevant intervention programs. It has also promoted a ‘D’ class MFI-Upakar Laghubitta Bittiya Sanstha Ltd.

Nepal Mahila Samudayik Sewa Kendra

Nepal Mahila Samudayik Sewa Kendra, was established in 1993 and is run by a group of dedicated women. The organization mobilizes indigenous skills and local resources to create a self-reliant society. It is situated in Dang district of mid-west Nepal which is also home to local Tharu communities and works for socio-economic development of these communities as well as other deprived communities of the region. Working to achieve an equitable society with empowered women among the local communities, it initiated its microfinance program in January, 2003. Besides its work in social inclusion and financial literacy, it promotes leadership development, gender mainstreaming, civic rights, environment protection, renewable energy promotion and sustainable development. It had promoted a ‘D’ class MFI-Mahila Samudayik Laghubitta Bittiya Sanstha Ltd. After the acquisition between Mahila Samudayik Laghubitta and Jalpa Laghubitta, the joint transaction had commenced in the name of Jalpa Samudayik Laghubitta Bittiya Sanstha Ltd  from 16th (December 1, 2020) Mangsir, 2077. Jalpa Samudayik Laghubitta Bittiya Santha Limited (JALPA) has successfully merged with Kisan Laghubitta Bittiya Sanstha Limited (KLBSL). After the merger, the joint operation commenced in the name of ‘Matribhumi Laghubitta Bittiya Santha Limited’ from Ashad 27, 2081 BS (July 11, 2024).

Dhaulagiri Samudayik Shrot Bikas Kendra

Dhaulagiri Samudayik Shrot Bikas Kendra was founded by some dedicated local residents of Baglung district to deliver basic social services to the poor, deprived and marginalized communities. It started as a non-profit NGO in 1994. It has implemented numerous community development and financial inclusion programs in the district. It started its saving and credit program in the year 1997 and later in 2001 received license from the Central Bank to operate as a FINGO. The NGO encourages, develops and promotes eco-friendly initiatives like micro-hydro, bio-mass, solar power and rural water supply programs. It has   promoted a ‘D’ class MFI-Dhaulagiri Laghubitta Bittiya Sanstha Ltd.

Grameen Mahila Utthan Kendra

Established as an NGO in 1993, Grameen Mahila Utthan Kendra (GMUK) has embarked on the primary focus on education rights and socio-economic empowerment of marginalized as well as disadvantaged women  and ex-bonded labor.  It also aims to minimize various forms of injustice and prejudices by striving for an equal and a just society. GMUK has an active presence in Dang valley of mid-west Nepal, and has won international accolades for its work in  women empowerment. It envisions an equitable, empowered and self-sustainable society keeping at its center the wellbeing of its members. In their effort to alleviate poverty in the region, it started its microfinance program in 2003. Its success stories includes reduction of discriminatory practices prevalent in the region, access to finance, improved education and health, economic development and social security of its members. GMUK has successfully promoted a ‘D’ class MFI- Aatmanirbhar Laghubitta Bittiya Sanstha Ltd.

SOLVE Nepal

With the mission to develop equitable society where each member is independent of meeting their basic needs with their own resources, SOLVE Nepal was established in 1989 in the hill district of Dhankuta. This kind of  initiative was taken by active youths in the districts who realized the need for local non-for-profit NGO in improving the socio-economic status of the communities. The NGO has successfully implemented various community development programs to empower and enrich its members. Sighting the dearth of organized financial institutions in the area, particularly in the hill regions, the NGO commenced its microfinance program in 2001. SOLVE Nepal  has successfully promoted a ‘D’ class MFI- SOLVE Laghubitta Bittiya Sanstha Ltd. After the successful merger of Jeevan Bikas Laghubitta, SOLVE Laghubitta, and Garibi Niunikaran Laghubitta, the microfinance companies have   commenced a joint operation on September 7, 2020 in the name of Jeevan Bikas Laghubitta Bittiya Sanstha Limited. Meanwhile, the central office is in Katahari – 2, Morang, the same central office of Jeevan Bikas Laghubitta previously.

Shreejana Bikas Kendra

Shreejana Bikas Kendra, a non-profit NGO located in Kaski was founded in 1980 that strives to achieve a holistic social development in the region. During its initial days, it played a pivotal role in rehabilitating communities adversely affected by the volatile conflicts in the region. The organization actively promotes programs related to environment conservation, education, health and sports. To provide financial access to its members, it initiated its microfinance program and encourages youth involvement in its various community development programs. Shreejana Bikas Kendra has successfully promoted a ‘D’ class MFI-Jalpa Laghubitta Bittiya Sanstha Ltd. Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JSLBSL) started joint operation in December 2020 following the merger of two regional level MFIs (viz. Jalpa Laghubitta Bittiya Sanstha Limited (JLBSL), operating since March 2019 and Mahila Samudayik Laghubitta Bittiya Sanstha Limited (MSLBSL), operating since February 2019). Jalpa Samudayik Laghubitta Bittiya Santha Limited (JALPA) has successfully merged with Kisan Laghubitta Bittiya Sanstha Limited (KLBSL). After the merger, the joint operation has   commenced in the name of ‘Matribhumi Laghubitta Bittiya Santha Limited’ from Ashad 27, 2081 BS (July 11, 2024).

Chartare Yuwa Club (CYC) Nepal

Chartare Yuwa Club (CYC) Nepal was established in the year 1992 and has a vision of creating a healthy, economically empowered, independent and self-sustainable society by utilizing the best available human resources.  It also focuses on public awareness and social development through community education program and public forums. It has also set priorities on women empowerment, financial literacy, environmental-friendly initiatives like sustainable energy and health care program through social mobilization.  It carries out its programs through demand based and bottom up approach of planning. The community managed micro finance and banking program, saving and credit schemes, enabling community participation in various social and infrastructure development initiatives through people centric approach are some examples. CYC Nepal has also promoted a ‘D’ class MFI-CYC Nepal Laghubitta Bittiya Sanstha Ltd.

Manushi

Manushi has been involved in uplifting the marginalized communities, women empowerment and poverty reduction especially in the hills and mountain region ever since its foundation in 1991. Manushi, meaning ‘energetic women’ in Sanskrit, is devoted to empowering deprived women by partaking skills and providing necessary financial technical support. They have empowered these women and their families through skill development, employment opportunities, business promotion, marketing strategies and promotion of handicraft production. To further support their members, they started their microfinance program in 2002 to improve the quality of life of the locals and promote gender equality for sustainable development. Manushi has also promoted a ‘D’ class MFI-Mansuhi Laghubitta Bittiya Santha Ltd.

UNYC Nepal

In 1995 UNYC Nepal-United Youth Community Nepal was established by   likeminded Tharu youths, who came together to create a civil society with respectable standard of living, social inclusion, gender mainstreaming and socio-economic empowerment of the poorest of the poor.  The NGO actively initiated various community development programs targeted at the indigenous ethnic Tharu, Dalits and other minorities in the Bardiya district. It started its microfinance program in the year 2000 and has since been engaged in awareness building, need assessment and sustainable development through people’s participation and empowerment. The team at UNYC Nepal is dedicated towards advancing the economic, academic, social and political status of the underprivileged. UNYC has also promoted a ‘D’ class MFI-Unique Nepal Laghubitta Bittiya Sanstha Ltd.

Jeevan Bikas Samaj

Jeevan Bikas Samaj (JBS) commenced its operation in the year 1997 with the vision of creating a ‘Poverty free Nepal’ through its poverty alleviation and empowerment programs for the marginalized sections of the society. JBS through its community development programs focuses on education, healthcare, sanitation, income generation, women empowerment, value chain activities, renewable energy technology and skilled human resources among its members. It has also established activities that are involved, among others, in dairy related business, waste to energy plant, cement bricks and fish farming. JBS has also promoted a ‘D’ class MFI-Jeevan Bikas Laghubitta Bittiya Sanstha Ltd.