CENTRE FOR SELF-HELP DEVELOPMENT

Institute of micro-finance and cooperative development.

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CSD Convened the 30th Annual General Meeting

The Centre for Self-help Development (CSD) convened its 30th Annual General Meeting (AGM) on December 2, 2021 (Marg 16, 2078). The AGM was attended by 6 individual and 26 institutional members. The distinguished members and guests of the AGM were welcomed by the Executive Chief of CSD Mr. BechanGiri.

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 2077/78 and the program of the FY 2078/079 of CSD on behalf of the Governing Board. It was passed unanimously by the AGM. In the meeting Mr. Shrestha also highlighted on the current status of the microfinance sector in the country. The member organizations also unanimously agreed to move ahead endorsing the  concept of 3 zeros, which include zero net carbon emission, zero unemployment and zero poverty and collaborating with each other while implementing their activities.

Mr. Shrestha said," As per the latest data  about 55 microfinance institutions and 150 cooperative are carrying out microfinance operating in the country and about 5.2 million households have benefitted from this. This number is inflated due to multiple financing. Although microfinance institutions proclaim that they have made a giant leap forward, they have not been able to make substantial contribution in poverty alleviation. “ He added, “ Achievements of microfinance institutions should not be measured only through spectrum of profit maximization. Socio-economic progress of members should be given precedence over profit. In line with this, CSD has promoted 3 Zero Club, as propounded by noble laureate, Prof. Muhammad Yunus,  to make substantial contribution for achieving zero poverty, zero net carbon emission and zero unemployment. The 3Zero Club will promote other such clubs and develop national and international networks. The club could promote social businesses or act as a  think tank to deal with overarching  issues such as income gap between the rich and the poor. The club will contributerelatingtozero poverty, zero unemployment and zero net carbonemission and play a proactive role in dealing with relevant issues endemic in our world. If we do not act now, these issues could destabilize our world and contribute for the extinction of this world altogether. So CSD will promote 3 zero clubs to deal with these issues and also perceive others microfinance institutions and cooperatives to recruit focal person for the promotion, development and expansion of this club as well as to make it effective.Each 3 zero club will have 5 members, age limit is between 12 to 35 years and the maximum age difference between the oldest and the youngest members should not be more than 7 years”Similarly, in context to youth entrepreneurship, he said, “ Parent organization of MFIs and cooperatives should promote entrepreneur development activities. CSD has envisioned to develop entrepreneurship development institute. As our partner institutions have sizable fund, I hope  we all will in some way contribute towards this dream project and hope this concept will come into fruition with all our active participation.”

Speaking of the progress in the fiscal year 2020/2021 he said, “ The Centre successfully carried out 16 online interactions which also encompassed burning issues like roles and responsibilities of MFIs during the corona pandemic including sharing experience of reputed personalities from within the country and abroad as well as entrepreneurship programs for foreign migrants and children of clients to initiate entrepreneurship activities in their local areas. The Centre also organized 7 online training programs for the staff of MFIs in different topics. It has also taken lead role in developing and grooming micro-entrepreneurs through micro-entrepreneurship development and upgrading the socio-economic status of deprived people through the creation of self-employment. In line with this it has approved to recognize three outstanding female micro-entrepreneurs with the entrepreneurship award which carries a cash price of Rs. 25,000 each.  The recommendation of three member expert committee had evaluated the applicants on 10 indicators and the successful entrepreneurs were awarded amidst a function by then Honorable Minister of Land Management, Agriculture and Cooperatives of Lumbini Province Ms. AartiPaudel.  ” With reference to social responsibility and support he said, “Due to lack of adequate and proper educational infrastructure there were problems in providing quality education to the students of Kunchipwakal Secondary School of the Tareshwor Municipality-1, Kathmandu. Towards this end, the Centre provided a desktop computer with necessary accessories to establish an e-library in the school. Similarly amid a function, CSD handed over a cheque of Rs. 2 lakh to the Samata Education Trust which has been providing education for their students at an affordable rate of Rs. 100.” He also highlighted on the progresses made in Self-help Eco-village Programs in ward number 3, DharpaVillage of BarabiseMunicipality and Chandagiri Municipality-1, Masine. The program in Dharpa is being carried out by the Centre in partnership with the Centre for Rural Technology, Nepal and ManushiLaghubittaBittiyaSantha Ltd. Similarly, the program in Masineis being carried out in partnership with the Centre for Rural Technology, Nepal and MahilaSahayogiBachatTathaRinSahakariSantha Ltd

Highlights
• Release of 30th Year Special Issue of the Centre for Self-help Development

Resolutions from 30th AGM
• Give continuity to SujanKafle and Associates Chartered Accountants to carry out audit for the FY 2078/79 and allocate fee for the FY
• Allocate a member among the members to sing the minute book of 30th AGM along with Chairman of Governing Board, Mr. Shankar Man Shrestha and Secretary of Board and Executive Chief of CSD, Mr. BechanGiri

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