CENTRE FOR SELF-HELP DEVELOPMENT

Institute of micro-finance and cooperative development.

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CSD Convened its’ 29th Annual General Meeting

The Centre for Self-help Development (CSD) convened its 29th Annual General Meeting (AGM) on November 27, 2020 (Marg 12, 2077). The AGM was attended by 9 individual and 38 institutional members. The distinguished members and guests of the AGM were welcomed by the Executive Chief of CSD Mr. Bechan Giri.

On the occasion, presiding the meeting, the Chairman of the Governing Board, Mr. Shankar Man Shrestha presented the annual progress report along with the Balance Sheet and the Profit and Loss Accounts of the FY 2076/77 and the program of the FY 2077/078 of CSD on behalf of the Governing Board. It was passed unanimously by the AGM.

In the meeting Mr. Shrestha highlighted current status of the microfinance sector in the country. He said environmental degradation is the prime concern of the mankind and the pace of degradation goes on unchecked our further generation will not be alive in this planet as declared by the environmentalist. He added, “CSD is stressing on promotion and development of Eco-friendly villages in technical coordination with Centre for Rural Technology Nepal (CRT/N) and microfinance institutions.” He urged all microfinance and cooperatives initiate self employment program for the young generation by initiating entrepreneurship development. Shrestha said CSD would like to work with MFIs program in carrying out entrepreneurship development to groom and promote young entrepreneurs from among the children of the microfinance members.

Mr. Shrestha also informed the members that in due the Centre has started to award these best women micro-entrepreneurs with NPR 25,000/- each among its member organizations for the FY 2075/76.

In the F.Y. 2019/20 CSD organized 27 training programs and conferences. These programs have benefited officials and staff of MFIs and cooperatives. The Centre also organized 6 international exposure/study visits to acquaint the officials of MFIs and cooperatives with the best practices of renowned microfinance institutions of the Bangladesh, the Philippines and the India. Similarly, in order to share the working modality of the microfinance institutions of Nepal, the Centre in coordination with Integrated Development Foundation (IDF), Bangladesh organized two exposure visits of Bangladeshi microfinance practitioners to Nepal, which was participated by 84 officials in the same fiscal year.

Regional conferences of microfinance members also organized in Dhangadhi (Kailali) of Sudur Paschim Pradesh and in Kohalpur (Banke) of Lumbini Pradesh (the then Pradesh No. 5). In the conference at Dhanagadhi, Kailali 76 participants comprising of 20 male and 56 female and in the conference at Kohalpur, Banke 190 participants comprising of 37 male and 153 female participated.

In the open floor discussion of the AGM, one of the founder member of CSD and Executive Director of Centre for Rural Technology Nepal (CRT/N) Mr. Ganesh Ram Shrestha, briefed on the services provided by the CRT/N in the development of Eco-friendly Villages and urged MFIs to develop an ‘Eco-friendly Village’ in their locality. Mr. Mani Kumar Aryal, Chairman of Nepal Rural Development Society Center (NRDSC) opined that CSD should prepare a report on the past, present and future direction of microfinance in Nepal. Mr. Sanjay Kumar Mandal, CEO of Jeevan Bikas Laghubitta Bittiya Sanstha Ltd. said that “MFIs should work on marketing arrangement of members' products they produces. Lack of this the producers have been the victim of middleman. The prices they are paid hardly cover their cost of production. So something must be done soon”.

Mr Bishal KC CEO of Bauddha Gramin Bahuuddeshiya Sahakari Sanstha Ltd. opined that CSD should be a medium of the exchange of information among the CSD member microfinance.

Mr. Saran Kumar Parajuli Chairman of Navodaya Bahuuddeshiya Sahakari Sanstha Ltd. also said that each MFI should initiate youth enterpenuareship program to provide self-employment to the children of microfinance members.

The members present at the meeting conveyed that the policies and programs of CSD were commendable and expressed the view that they will cooperate in the implementation of the programs and policies in their concerning organization.

The AGM passed resolutions that each member organizations would adopt one rural high school from their working areas and would collaborate with it to run entrepreneurship program for the students by providing them agriculture and livestock education and also would promote at least one ‘Eco-friendly Village’ to protect the environment from further degradation.

29th  AGM Elected Members for Governing Board of CSD

CSD 29th AGM held on Mangsir 12, 2077 (November27, 2020) unanimously elected 7 members for the Governing Board for next two years term. They are Mr. Shankar Man Shrestha, Mr. Mahendra Kumar Giri, Ms. Shobha Bajracharya, Dr.Sumitra Manandhar Gurung, Dr. Gopal Dahit, Mr. Sudhir Kurmar Shrestha and Mr. Dambar Bahadur Shah.

        Similarly the meeting of the new governing board held immediately after the AGM also elected its officials. The members elected from the members Mr. Shankar Man Shrestha as its chairman, Mr. Mahendra Kumar Giri as its vice-chairman and Ms. Shova Bajracharya as the treasure unanimously.

 

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