A Newsletter of Nirdhan Utthan Laghubitta Bittiya Sanstha Limited

Nirdhan Utthan Laghubitta A Newsletter of Nirdhan Utthan Laghubitta Bittiya Sanstha Limited — January-February 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 Nepal

Message from CEO Dear Reader, We are very pleased to present you Jan- uary-February 2019 Newsletter and to inform you about the ongoing socio- economic activities and progress at the bottom of the pyramid within Nirdhan Ut- than. You are updated about Nirdhan Utthan progress report. Nirdhan Progress Report as of February 12, 2019 Non– Financial Indicators Figure No. of Districts Covered 77 of 77 No. of Branch Office 181 No. of Local Bodies Reached 504 of 753 Financial Literacy Beneficiaries 523 (FY 18-19) Micro-Entrepreneurship Devel- Center meeting organized by Kuwapani GB, Namobuddha-7, Kavre District opment Training Beneficiaries 253 (FY 18-19) Skill Development Training ent types of trainings such as skill devel- financial literacy training in the past Beneficiaries 1,797 (FY 18-19) No. of Maternity Allowances 1,464 (FY 18-19) opment trainings, entrepreneurship devel- which was refreshed in the training No. of Insurance Claims 696 (FY 18-19) opment trainings and financial literacy program. The training program was No. of Disaster Reliefs 84 (FY 18-19) trainings. Under Skill Development Train- facilitated by the Nirdhan Program Of- No. of Staff 1049 ing, Commercial Livestock Farming, ficer from Kohalpur region and Branch No. of Centers/SRGs 17,601 No. of Active Clients 341,384 Commercial Goat Raising, Commercial Manager of Paraspur Branch. Poultry Farming and Commercial Vegeta- No. of Loan Clients 214,447 Similarly, Nirdhan’s Udayapur Branch Financial Indicators Amount ble Farming trainings were conducted to of Banke District organized another benefit the members of Nirdhan through Loan Disbursed (NPR) 105.46 Billion Entrepreneurship Development Train- Loan Outstanding (NPR) 17.53 Billion various branch offices. ing program targeting the clients who Savings & Deposits (NPR) 9.80 Billion 50.05 Million Nirdhan organized 2 Entrepreneurship are looking to start their own entrepre- Insurance Claims Paid (NPR) (FY 18-19) Development Trainings during the neurial campaign. A 3-day program Credit Interest Rates 10% - 17% p.a. month which facilitated 49 member clients was organized in Nepalgunj, Banke With so many sustainable development of Nirdhan to move ahead with their own from January 27-29, 2019 which bene- field work being taken, we want to make businesses. The first of two training pro- fited 24 Nirdhan clients. The training sure we regularly communicate our work grams was conducted by Paraspur program offered similar ideas and to all of you. Branch of Banke District, a three days -Janardan Dev Pant program from January 18-20, 2019 which Various Client Trainings Conducted benefited 25 clients. The clients learned different techniques and ideas of starting Nirdhan Utthan Laghubitta Bittiya their own business, difference between Sanstha Limited organized 10 trainings being self employed and running a busi- during the month of Magh (Jan/Feb 2019) ness, self assessment, features of a suc- for the capacity and knowledge develop- cessful entrepreneur, business selection, ment of its clients. These training pro- business plan and other many important grams benefited a total of 348 Nirdhan aspects of being a successful entrepre- Entrepreneurship Development Training member clients. Nirdhan provides differ- neur. These clients have also obtained organized at Udayapur, Banke District Page 1 knowledge as the above mentioned pro- and hybrid livestock for better profitabil- 30 clients at Simraungadh Branch of gram and was facilitated by the same ity by the clients. Bara district and a commercial Goat resource persons and Branch Manager Raising Training benefiting 39 clients at Similarly, Nirdhan organized 2 Commer- of Udayapur Branch. Mangalsen Branch of Accham District. cial Vegetable Farming Trainings to its Nirdhan officials conducted 8 Skills De- 85 clients from different branches dur- Nirdhan organizes these trainings velopment Trainings at different places ing the month. The first was offered by through out the year to help develop the around the country. There were a total of Nawalpur Branch and the second by capacity and skills of its member clients 299 member clients who benefited from Chaulikha Branch both of Sarlahi Dis- to make them self dependent and help the skills development trainings orga- trict. Nirdhan also organized a commer- them walk out of poverty zone. nized by Nirdhan. The trainings were cial Poultry Farming Training benefiting organized on the basis of need identifi- cation carried out by the branch offices of Nirdhan. Commercial Livestock Farming was the most popular training requested by the clients and Nirdhan provided 4 Commer- cial Livestock Farming Trainings during this month benefiting 145 clients. The training programs were conducted by 4 branches within the working area of Bir- gunj and Bardibas Area of the institute. The training programs provided insights on commercial livestock farming by ex- perienced resource persons which is expected to change the traditional way of farming and use modern techniques Participants of Commercial Livestock Farming Training at Prasauni, Bara District Distribution of Maternity Allowance Distribution of Compensation 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 120 compensations in the month of Jan-Feb 2019 2 times to each client. (Magh 2075) amounting to a total of Rs. 8.53 million to the family of deceased clients through its different branches across the Nirdhan distributed 345 maternity allowances in the month country. of Jan-Feb 2019 (Magh 2075) amounting to a total of Rs. 379,500 to maternity clients through different branches.

Maternity Allowance being presented to a maternity client of At- tariya, Kailali District Nirdhan promises to keep on distributing these kind of al- Compensation amount being presented to the son of deceased client lowances to its member clients in the future as well. This is Amana Khatun of Birgunj Branch, Parsa District one of many ways Nirdhan thinks about its clients.

Page 2 Moti Tharu Enjoying Her Garment When Nirdhan Utthan formed a group gings, trouser, track suit etc. and sells Business (Client Success Story) through Kotihawa branch in 2010, she according to the order. became member of the group so formed She produces necessary clothing items This is the story of Moti Tharu who lives and took her first loan of Rs. 20 thousand as per the demand of the market. She in Khunsa, Padsari Gaunpalika of Ru- and bought a tailoring machine to start didn't get a chance to study after 4th pandehi District and has built a big hall her own business. She got motivated grade because her father became disa- with an investment of Rs. 200 thousand when her hard work paid off and she con- bled and she had to quit her study and near her home where she runs her gar- tinued taking loans from the bank for busi- help in household activities. Her hus- ment business. She has 8 modern ma- ness expansion. She took another loan of band supports people with heart and chines worth Rs. 600 thousand in her Rs. 150 thousand and started her own money at the time of need. Moti Tharu garment industry. Her business is run garment factory as her husband had the said that if we can utilize the collateral by the couple and 9 external employ- idea on garment business. Currently, she free loan offered by Nirdhan then we do ees. She produces seasonal clothes for has a loan of Rs. 200 thousand which she not need to go abroad to earn money summer and winter months in her gar- has invested in the same business. She and we can not only get employed our ment. She makes a profit of Rs. 60 produces different clothing items in her self but also employ others. thousand from her business. The small garment factory like t-shirt, outer, leg- business she started with her hard work has now turned into a million’s business. She owns a small van, a mo- torcycle and Rs. 2.5 million worth garment business from her business in- come. Moti Tharu, daughter of Bhikhu Tharu and Shanti Tharu was born as a second of four daughters of her parents in Babhani, Tikuligad VDC, Rupandehi in 1986. She has studied up to 4th grade only. She got married with Hiraman Tharu of Khunsa, Padsari Gaunpalika. She has a son and a daughter. Her children are studying in a good English boarding school and Moti said that she will educate them to a level up to where they wish to study. Moti Tharu and her husband working at her Garment Factory

Whole Planet Foundation Field Officer Appreciation Awards 2018 Whole Planet Foundation (WPF) has been a major partner of Nirdhan Utthan for many years. WPF and Nirdhan has been working together for the uplift- ment of the poor in Nepal through different projects. Last year, WPF organized a Field Of- ficer Appreciation Awards for Asia/ Pacific Region. Mr. Chandra Mani Pan- dey, Field Officer of Ilam Branch of our institute was selected among the nomi- nees from all WPF partners around Asia/Pacific region. He was awarded with the WPF Field Officer Appreciation Award as well as a certificate and cash prize amounting to USD 500. NULBSL would like to express a huge gratitude towards WPF for providing such opportunity and also thank WPF Photo: Mr. Chandra Mani Pandey with the certificate of WPF Field Officer Apprecia- for their prolonged support in accom- tion Award 2018 plishment of our mission.