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Mero Microfinance Bittiya Sanstha Limited

National Microfinance Laghubitta Bittiya Sanstha Ltd.

Nerude Laghubitta Bittiya Sanstha Limited

Mero Microfinance Bittiya Sanstha Limited

Mero MicroFinance Laghubitta Bittiya Sanstha Ltd. (MEROMICROFINANCE) is joint initiative of 8 institutions (7 commercial banks and 1 development banks). MEROMICROFINANCE has been incorporated under Company Act, 2063 and registered as a ‘D’ class national level financial institution with the Nepal Rastra Bank under BAFI Act, 2073 (2016) on 30 Asadh, 2070 (14 July, 2013).

MEROMICROFINANCE received operating license from Nepal Rastra Bank on 14th July 2013 and started formal microfinance operation from June 18 July, 2013 from its first branch office Battar located in Nuwakot district. The authorized capital of MEROMICROFINANCE is NRs. 1750 million, issued capital is NRs. 1320 million and paid up capital is 1320 million.

National Microfinance Laghubitta Bittiya Sanstha Ltd.

The organization began operations in 2014 after being registered as a public company on October 31, 2013, and received its operational license on June 11, 2014, from Nepal Rastra Bank. As a “D” Class Financial Institution, NLBSL aims to become a strong and reliable microfinance institution in Nepal.

NLBSL provides a broad spectrum of financial solutions to its customers through a range of products and services. Along with its standard offerings, it also tailors its services to meet the specific needs of its clients. The organization is committed to delivering superior customer experiences by continuously improving processes, fostering innovations, and exceeding expectations across all business areas.

Nerude Laghubitta Bittiya Sanstha Limited

Nerude Laghubitta Bittiya Sanstha Limited, having its central office in Biratnagar Morang and Mirmire Laghubitta Bittiya Sanstha Limited, having its central office in Banepa Kavre have signed an agreement to merge each-other on 11th Poush 2079 BS. The both institutions were licensed from NRB to operate at national level as class ‘D’ financial institution under Bank and Financial Institutions Act 2073. Later both institutions called special General Meeting of their Shareholders to pass the resolutions about merger on 15th Baisakh 2080 BS, and applied to NRB to get final approval for merger; thereby received final letter of approval for merger on 3rd Kartik 2080 BS and started joint operation on 30th Falgun 2080 BS under the name Nerude Mirmire Laghubitta Bittiya Sanstha Limited (NMLBSL) as national level class ‘D’ financial institution with its Central Office at Banepa Municipality-8, Kavrepalanchok.

Earlier, Mirmire Laghubitta Bittiya Sanstha had acquired Cweda Laghubitta Bittiya Sanstha on 21st Ashad 2077 BS, Nagbeli Laghubitta Bittiya Sanstha Ltd on 7th Bhadra 2077 BS and Buddha Jyoti Laghubitta Bittiya Sanstha Ltd on 15th Bhadra 2078 BS. Nerude Mirmire Laghubitta Bittiya Sanstha Ltd is running its business as compositions of five different microfinance institutions in the country.

Microfinance

Mero Microfinance Bittiya Sanstha Limited

National Microfinance Laghubitta Bittiya Sanstha Ltd.

Nerude Laghubitta Bittiya Sanstha Limited

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Kapindra Malla