Nirdhan Utthan Laghubitta A Newsletter of Nirdhan Utthan Laghubitta Bittiya Sanstha Limited — December 2018-January 2019 Edition Bittiya Sanstha Limited E-mail: (formerly Nirdhan Utthan Central Office Tel: +977-1-4413711 [email protected] Find Us on Facebook: Bank Limited) Bhagwatibahal 4413794/4413840 Website: An MFI Providing Services to the Naxal, Kathmandu, facebook.com/nirdhan.bank Fax: +977-1-4413856 www.nirdhan.com.np Poor

Nirdhan Utthan at a Glance NULBSL’s mission is to extend finan- cial services and social awareness to the poor in under-served and un- served areas of Nepal in a sustainable manner. Nirdhan was founded on March 31, 1991 and the Microfinance program of the institute started on March 14, 1993 when it was working as NGO, later transferred to Micro- finance Bank in 1998. At present, Nirdhan Utthan is the only MFI in Ne- pal that has outreach in all 77 districts . Nirdhan has a network of 181 Branch Center meeting organized by Laligurans Pipala SRG at Thuliveri -4, Offices, 10 Regional Offices and a Vegetable Farming, Livestock Farming, and vide entrepreneurial skills to its mem- Central Office serving 338,200 house- Mushroom Farming Trainings. ber clients so they become capable of holds as of January 14, 2019. The running their own business. The train- lending interest rates of the institute There were 3 Financial Literacy Train- ing benefited 88 clients from the area ranges from 10% - 17% per annum. ings organized during the month which monitored by the Bhairahawa Regional provided knowledge on financial services to Nirdhan Utthan at a Glance as of January 14, 2019 Office. It was a three day training 211 Nirdhan clients. These trainings were Indicators Figure which was organized by Daunnedevi No. of Districts Covered 77 organized in by Surunga Branch, from 21st - No. of Branch Office 181 Branch on 17th December to 63 clients, in No. of Staffs 1056 23rd December and facilitated 20 cli- No. of Centers/SRGs 17,348 by Karsiya Branch on 25th ents. Similar training programs were No. of Active Clients 338,200 December to 70 clients and in Banke Dis- No. of Loan Client 213,818 organized by Daldale Branch of Nawal- Loan Disbursed (NPR) 102.94 Billion trict by Paraspur Branch on 7th January to pur District with 26 participants from Loan Outstanding (NPR) 17.09 Billion 78 clients. Savings & Deposits (NPR) 9.69 Billion 27th to 29th December, Belatari Branch of Nawalparasi District with 21 partici- Various Client Trainings Conducted pants from 30th December to 1st Janu- Nirdhan Utthan Laghubitta Bittiya ary and Parasi Branch of Nawalparasi Sanstha Limited organized 22 train- District as well with 21 participants ings during the month of Poush (Dec from 2nd to 4th January. 2018/Jan 2019) for the capacity and knowledge development of its clients. The training programs were organized as per the need assessments conduct- ed by the branch offices. The different types of trainings included skill devel- Participants of Financial Literacy Program orga- opment trainings, entrepreneurship nized at Surunga, Jhapa District development trainings and financial Similarly, Nirdhan organized Entrepre- literacy trainings. The skill develop- neurship Development Trainings through Entrepreneurship Development Training ment trainings were further specialized its four branches during the month to pro- organized at Parasi, Nawalparasi District as Goat Raising, Poultry Farming,

Page 1 It was another busy schedule this month commercial vegetable farming by expe- Similarly, Nirdhan organized 3 Commer- for Nirdhan officials as they had 15 rienced resource persons which is ex- cial Poultry Farming Trainings benefit- Skills Development Trainings to or- pected to change the traditional way of ing 81 clients. Nirdhan also organized a ganize at different places around the farming and use modern techniques for Commercial Livestock Farming Train- country. There were a total of 430 mem- better profitability by the clients. ings which facilitated 30 clients and a ber clients who benefited from the skills Commercial Mushroom Farming Train- Similarly, Nirdhan organized 5 Commer- development trainings organized by ing to 20 clients during this month. cial Goat Raising Trainings to its 141 Nirdhan. The trainings were organized These types of regular training pro- clients from different branches during on the basis of need identification car- grams not just increase the skill base of the month. The commercial goat raising ried out by the branch offices of Nirdhan. the clients but also motivate them to trainings provide skills and knowledge start the business that they are normally to the clients on proper ways of rearing reluctant to because of lack of skills and goats and the ways to find the proper courage. Nirdhan promises to regularly market place for their produce along organize these trainings as per the with other important ideas related with needs of the clients. commercial goat raising.

Client Trainings Organized During Dec 2018-Jan 2019 S.N. Training No. of Trainings Participants Participants of Commercial Vegetable Farming 1 Financial Literacy 3 211 Training organized at Prasauni, 2 Commercial Vegetable Farming 5 158 Commercial Vegetable Farming was the 3 Commercial Goat Raising 5 141 most popular training requested by the 4 Entrepreneurship Development 4 88 clients and Nirdhan provided 5 Commer- 5 Commercial Poultry Farming 3 81 cial Vegetable Farming Trainings during 6 Commercial Livestock Farming 1 30 this month benefiting 158 clients. These 7 Commercial Mushroom Farming 1 20 training programs provided insights on Total 22 729

Distribution of Maternity Allowance Distribution of Compensation & Disaster Relief Nirdhan distributes maternity allowance to its maternity cli- Alongside, maternity allowances, Nirdhan also distributes com- ents in a regular basis. Maternity period is a very sensitive pensations in the event of death or accidents of its member cli- period for mothers and they need nutritious food to keep ents to their family who were insured through the micro- themselves and their child healthy. To help the same cause insurance service facilitated by Nirdhan Utthan LBSL. Nirdhan Nirdhan provides Rs. 1,100 to its maternity clients for up to distributed 94 compensations in the month of Dec 2018-Jan 2 times to each client. 2019 (Poush 2075) amounting to a total of Rs. 6.31 million to the family of deceased clients through its different branches across Nirdhan distributed 322 maternity allowances in the month the country. Nirdhan also distributes Rs. 1,000 Disaster Relief to of Dec 2018-Jan 2019 (Poush 2075) amounting to a total of each client Rs. 354,200 to maternity clients through different branches. who have suf- fered due to natural calam- ities such as flood, fire etc. Nirdhan dis- tributed 5 dis- aster reliefs amounting to Rs. 5,000 dur- ing this month Maternity Allowance being presented to Mrs. Kamala Sarki of to its clients , Gulmi District who suffered Nirdhan promises to keep on distributing these kind of al- because of lowances to its member clients in the future as well. This is fire. one of many ways Nirdhan thinks about its clients. Compensation amount being presented to the client of Chaulikha Branch,

Page 2 Sima Became an Industrialist with She got married with Govinda Saru of furniture and plywood and sell finished Twenty Thousand Mulyangkot, in 1994. Her products. They made Rs. 80 thousand family didn't have good economic status profit from this. They found out that the 42 years old Sima Saru lives in Waling that's why her husband went to Saudi for furniture where they worked is under Municipality-2, Bhakunde of Syangja foreign employment but could not earn sale. The furniture industry belonged to District and runs her own furniture in- good income as his company was not a their relative so they bought it with the dustry. Both her husband and herself good one. He returned back to Nepal and savings they possessed, loan from bank work in the furniture industry along with they moved to Pokhara and began and some amount to pay later. The loan two regular technical workers. She has searching for jobs. Her husband started they incurred while buying the furniture a large wood cutting machine which is driving rickshaw but soon fell ill. They re- was paid off from the income made from used by her own business as well as turned to Waling of Syangja where they the furniture and they finally owned the other furniture industries. From her fur- started working at a furniture industry. furniture business. Till now, she has niture industry, she makes a profit of Soon they became skilled furniture work- taken 10 different loans from Nirdhan. Rs. 100 thousand per month after de- ers. Currently, she has 300 thousand loan ducting all the expenses. She currently from the institute which she has applied has machinery and furniture worth into her business. more than Rs. 1 million at her factory. From the income of the same industry Currently she owns a concrete house in she has bought a land and built a Waling Town and a furniture industry. house for Rs. 3 million in Walling Mun- Since they have good income, everyone cipality. Her daughter is studying on 9th in the town respect them in the society. grade and her son studies at Bachelors Sima said that Nirdhan’s collateral free level. loan became her only support when she needed the money to start up her own Sima was born in Chinnebas Gaunpali- business. She added if business is done ka-3 of Syangja District in 1975 A.D. with patience and with the skills one Her parents were poor. She was her has, the success will follow. She shares parents’ first child so she had to stay at Sima Saru at her Furniture Industry these ideas and suggestions with other home and take care of her brother and people in her town. sister. Being born in a poor family In 2007, she became member of a group which had difficulties managing food for of NULBSL’s Waling branch. She took her the day, she had no options of studies. first loan of Rs. 20 thousand to buy some

Accountant Capacity Building Train- The details of the accountant capacity building trainings organized during the month ings Organized of Poush (December 2018 -January 2019) are as tabled below. Nirdhan Utthan LBSL organized Ca- Accountant Capacity Building Trainings pacity Building Trainings for the Ac- S.N. Region Date Participants Place countants working at Nirdhan branches 1 Kathmandu Dec 18, 2019 15 all around the country. There were a 2 Birgunj Dec 21, 2019 19 total of 10 training programs organized 3 Birtamod Dec 23, 2019 23 Jhapa District by the 10 regional offices of Nirdhan 4 Kohalpur Dec 23, 2019 19 5 Bhairahawa Dec 25, 2019 21 around the country. The training pro- 6 Bardibas Dec 26, 2019 29 grams were organized to enhance the 7 Attariya Dec 26, 2019 21 capacity of Nirdhan staff members 8 Pokhara Dec 27, 2019 16 working as Accountants at the branch 9 Birendranagar Dec 28, 2019 15 offices. The training provided important 10 Bharatpur Dec 28, 2019 8 updates and information about the banking and other appropriate rules and regulations, documentation of member’s information and use of sys- tem in the most beneficial way. The resource persons from central office and regional office of Nirdhan organize these trainings on regular basis to keep the accountants updated about rules and policies and also to enhance their Participants of Accountant Capacity Building Train- Participants of Accountant Capacity Building Train- skills and knowledge base. ing organized at Birgunj, Parsa District ing organized at Kohalpur, Banke District Please visit our website : www.nirdhan.com.np for further more information. © 2019, Nirdhan Utthan Laghubitta Bittiya Sanstha Limited Page 3