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Microcredits in Nepal |
Grameen bank
information about
Grameen Bank Nepal
Biratnagar
Nirdhan Utthan Bank
the bank for upliftment of
the poor" is a microfinance
bank established in November
1998
Centre for Micro Finance
CMF is an autonomous,
sustainable and wholly
privately owned Nepali
Company which is capable of
providing technical services
to strengthen the Micro
Finance sector in Nepal and
the region. CMF activities
are implemented by a
committed team with proven
expertise in the field of
Micro Finance. |
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Other financial institutions in
Nepal |
Annapurna finance
company
Union finance company
Business Development
Finance Inst.
Hama finance
Good deposit
schemes, 1 year fixed
7%, 3 year even 8%
National finance Co.
Capital Merchant Banking
& Finance
Everest finance
Gorkha finance
Universal finance
Nawa Kantipur
Deposit and loan schemes |
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News item 11-1-2008 |
Nepal is hosting a
world summit on
Microfinance on February
14-16 as the country
continues its long battle to
expand and consolidate the
service delivery
institutions. The main
output of the summit will be
the joint declaration and an
action plan for building a
strong and inclusive
microfinance sector. The
three-day long conference —
the first of its kind in
Nepal — has a slogan
‘Reaching the Poorest of the
Poor for Sustainable
Income’. “Microfinance is an
effective tool for poverty
alleviation,” said Dr
Harihar Dev Pant, adding
that the summit is intended
to facilitate a broader
dialogue between the
stakeholders and create a
common understanding among
them to make micro finance a
priority issue in the
national development
strategy. The participants
will discuss their
experiences and jointly
decide on the future course
of microfinance in Nepal
that has over 3,600
microfinance institutions
providing services to
roughly one million
families. According to Dr
Pant, Nepal has a challenge
of reaching out to poorest
of the poor that is bottom
20 per cent. Some 300
participants — policy
makers, practitioners, rural
development, micro-finance
development and commercial
banks and cooperatives and
representatives, NGOs and
INGOs — from around the
world are taking part in the
summit.
Read more about this
microfinance summit
Other finance
articles:
micro finance cuts
poverty (16-2-2008)
Nepal hosts micro
finance summit
(11-1-2008)
Microfinance eased the
impact of Maoist
conflict (4-1-2007)
Microfinance success
story from Bangladesh
inspires Nepali women
(2-1-2007)
micro-credits can solve
poverty
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Easy
money and Nepali finance
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