Who we are

Who we are

This organization was established on 14th Shrawan 2069 BS (29 July , 2012). This organization, which has been registered with the registration no. 3/1/7 (652) 069/070 under Division Cooperative Office, has expanded its program and action plan not only in Jhapa district but also in Ilam district and Morang district. At present, the organization has received approval to operate 31 service centers. The turnover of the organization has reached over Rs 220 crore within these 12 years. More than 250 employees are employed. To date, this organization has been able to provide service facilities to its employees better than specified by the Government of Nepal. It has been continuously providing the facilities to the share members of the organization as per the provisions of the Cooperatives Act and Rules. The organization is in the process of completing the development stage under the second five year plan after completing the first five years of promotion stage. Starting from the  five VDCs under the development phase, this organization has succeeded in expanding its scope of work and establishing its identity as a state level established cooperative.

Service Centers 31

Share Members 38,485

Child Depositors 8,819

Loanee Members 6,198

Number of Employees 248

Share capital 18 Crore

Savings 154 Crore

Fund 7.84 Crore

External Loan 35.8 Crore

Loan Investment 185 Crore

Cash and Bank 16 Crore

Balance Sheet 221 Crore

Vision

A capable and sustainable community based financial cooperative.

Mission

  • To develop, use and mobilize the policy, method and skilled manpower of the organization by assimilating the cooperative values ​​and principles.
  • To be active for the transformation of the living standard of the members through accessible and quality financial and non-financial services using modern technology.

Goals

  • To make proper use of local resources
  • To assist in the commercialization of the members
  • To establish institutional good governance on the basis of policy and method
  • To provide all-accessible and quality financial and in-depth financial services by making the highest use of timely modern technology.
  • To build a safe and healthy institution with financial capability.

Objectives

  • To develop the habit of saving regularly by awakening the spirit of frugality of the members in the organization.
  • To help in building a self-sufficient and self-reliant society by enhancing the individual and collective capacity of the members.
  • To increase the consumption of scattered national capital by identifying the basic needs and income earning capacity of the members and promoting investment through the members in productive and income generating sectors.
  • To demonstrate the importance of establishing the importance of cooperatives in the community by conducting service oriented programs that provide institutional support in the field of daily life of the members.
  • To be established as a well-governed financial cooperative through efficient manpower by increasing and developing the financial, physical and technical capacity of the organization.
  • To identify the members as a safe, reliable and healthy institution for the members through the necessary all-accessible and quality financial and non-financial services.

Institutional Value

  • Treating members kindly
  • Financial security of members
  • Honesty, transparency, creativity and accountability
  • Adherence to time

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