DHARAN, May 27: Every month, Shambhu Prasad Gachchhadar ,35, a staffer at the Kathari-based Jiwan Bikash Micro-Finance Ltd in Morang, used to go to Dharan-4, 5 and Yangshila area of Morang to collect deposits from individuals as well as firms.

DHARAN, May 26: An unidentified group shot an employee of Dharan-based microfinance and robbed of around Rs 400,000 on Sunday afternoon.

KATHMANDU, Dec 2: Prime Minister KP Sharma Oli has urged microfinance institutions to determine their interest rates in a way that does not put high financial burden on the poor people.

KATHMANDU, Dec 1: Prime Minister KP Sharma Oli has urged the Nepal Rastra Bank to regulate properly the microfinance because the microfinance in the far-flung areas was heard to have imposed 18 percent interest to the people.

KATHMANDU, Nov 30: Center for Self-help Development (CSD) is hosting two-day ‘Second National Microfinance Members’ Summit’ in Kathmandu from Saturday.

KATHMANDU, Sept 7: Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal has cautioned microfinance institutions that the growing unhealthy competition was becoming a challenge for the financial sector of the country.

KATHMANDU, March 15: The 4th National Microfinance Summit organized by the Center for Microfinance (CMF), Nepal has kicked off in the capital from today.

Microfinance summit in March

February 22, 2017 21:55 pm

KATHMANDU, Feb 22: Center for Microfinance (CMF), Nepal, is organizing a three-day microfinance summit in Kathmandu from March 15.

BAGLUNG, Feb 6: Saraswati Karki of Hatiya, Baglung makes 40,000 a month these days. Despite coming from a middle-class family, she was able to improve her economic condition with her own efforts. Being associated with a microfinance program conducted by CYC Nepal, she was able to take a loan of Rs 5,000 to start her sewing business in 2004.

BAGLUNG, Jan 31: Saraswati Karki of Hatiya, Baglung makes 40,000 a month these days.Despite coming from a middle-class family, she was able to improve her economic condition with her own efforts.

KATHMANDU, Jan 12: Microfinance institutions (MFIs) will not be allowed to charge borrowers more than 18 percent interest now onwards.

KATHMANDU, Dec 31: A majority of microfinance loans mobilized were to productive sectors, according to a report.

KATHMANDU, Dec 7: The 4th Annual General Meeting (AGM) of NMB Microfinance Institution has decided to distribute 25 percent bonus shares to its shareholders from the profit earned in Fiscal Year 2015/2016.

KATHMANDU, Aug 15: The Monetary Policy recently unveiled by Nepal Rastra Bank for the fiscal year 2073-74 BS has created ripple among the microfinance bankers and practitioners mainly due to its tough stance on interest spread rate.