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               Introduction
 

Clients

Nirdhan Utthan Bank Limited, "the bank for upliftment of the poor" is a microfinance bank established in November 1998 under Company Act of Nepal 1997. Nepal Rastra Bank, the central bank of Nepal granted a license in April 1999 to undertake banking activities under the Development Bank Act 1996. It started its formal operation from July 1999. Now, operated under Bank and Financial Institution Ordinance 2004, Nirdhan Utthan Bank (NUBL) provides microfinance services such as Loans, Deposits, Micro-insurance and Remittance services to rural poor of Nepal. The lending methodologies are individual lending based on Grameen Bank, Bangladesh model and group lending based on Self-help Group model through few specified branch offices. more

            Bank's Vision

The vision of Nirdhan Utthan Bank is to be a bank with a social conscience that enables poor to

(i) contribute equally to a prosperous, self-reliant rural society through self-employment and social awareness

(ii) help to reduce poverty in Nepal.


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         Success Stories

Mrs. Prabhawati Paswan
Benefited from Pig Keeping

The mother organization of Nirdhan Utthan Bank Limited has been conducting the vocational trainings in the areas of regional branches of the bank to increase the income of members of poor and underprivileged families.

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