Support Microfinance Bittiya Sanstha (Support) Ltd. is registered under the "Company Act 2063" with the Company Registrar's Office of Nepal as a Microfinance Institution on Nov 14, 2014 (2071.07.27 Bikram Era). Support Received Operating License from Nepal Rastra Bank on June 30, 2015 and Started Formal Microfinance Programs from July 12, 2015 (2072.03.27) under Bank and Financial Institution Act 2063(2006). Support First Branch Office Dhankuta Bajar is located in Dhankuta District. Initially the Authorized Capital of Support is NRs. 50 million, issued capital is NRs. 20 million and paid up capital is NRs. 14 million (Promoters 70% & General Public 30%) ......
Following are the four core services that we provide. We are always open to assisting you with any such financial decisions.
Any client who is approved after the group recognition test by the Support representative is eligible. In 3:2 ratios per group loan will be disbursed. Any kind of income generating business can use this loan.Thankyou.
This is a mandatory saving designed to encourage saving habits of member as well as to provide safety net for both staffs and members. Clients earn 8% interest on this savings.Do visit in our finance.
The clients are offered term life insurance linking them with insurance companies. In case of client natural death, their family or responsible person will not liable to pay loan. Company compensate total loan.
The process of money transfer to Nepal from abroad through banking channel has become efficient & easy. Different money transfer companies are on their way to serve people by support Microfinance.