September 30, 2026, Wednesday
English

According to experts, microfinance is raising hope at the level of small farmers

Main News Image

Kathmandu. Stakeholders have emphasized on the need to strengthen microfinance to facilitate the financial sector of Nepal.  Sana Kisan Development Lagufinance Financial Institution Ltd. The speakers who spoke in the interaction program on the problems and challenges of microfinance organized by 

Speaking at the program, former executive director of Rashtrabank and economist Dr. Gunakar Bhatt stressed that the problems seen in the microfinance sector should be found through common efforts and initiatives. He recalled that there are not only problems in the microfinance sector, but also a lot of potential, and he expressed his belief that the contribution of microfinance will be important in making the economy sustainable. Bhatt said that it is not possible to say that the entire microfinance sector has become a problem just because there is a problem in some microfinance. 

Bhatt suggested that the microfinance sector should share its issues with the government, regulatory bodies and stakeholders, saying that the problem is the same as the solution. 

It is necessary to reach the local level. People here will think about this campaign. Tell others. Explaining to others. Therefore, prepare for policy advocacy and move forward. Raise the issue for common purpose and common benefit. 

Welcoming everyone present at the program, the chief executive officer of Sana Kisan Bikash Microfinance Financial Institution Vasu Adhikari said that this program was planned to inform the leaders of the microfinance sector about the policies, methods and amended laws of regulatory bodies. He said that a bilateral discussion was held with the participation of the heads of more than 35 microfinance financial institutions across the country with the goal of informing the entire microfinance sector about the recent changes in the law.

mediabaaji add

Related News

3 million more contributors to the Social Security Fund, the contribution amount has exceeded 1 trillion 16 billion

Kathmandu. A total of 1 trillion 16 billion 71 crore 89 lakh 50 thousand 525 rupees has been contributed to the social security fund. The contribution amount has been collected till the end of June of the financial year 2082/83. Listed Employers a...

Foreign currency exchange rates: What is the price of the US dollar and the pound?

Kathmandu.  Nepal Rastra Bank has set the foreign currency exchange rate for today. According to the new rate determined by the Central Bank, the buying rate of one US dollar is 153 rupees 24 paisa and the selling rate is 153 rupees 84 paisa....

Extension of Pokhara-Muglin road affected due to non-removal of electricity poles

Kathmandu. The construction of the Pokhara section under the Pokhara-Muglin road project has been affected due to the non-removal of the poles of the 11 kV dedicated power line taken to the Pokhara International Airport. Due to the non-removal of...

A ship carrying 30,000 metric tons of urea arrived at Calcutta port

Kathmandu. A third ship carrying 30,000 metric tons of urea fertilizer has arrived at Calcutta port in India with the aim of providing timely chemical fertilizers to the farmers of Nepal. According to the Ministry of Agriculture and Livestock Deve...

Now mortgage mortgage online

Kathmandu. Government of Nepal, Land Management and Records Department is going to make the online mortgage bond system compulsory in the land office. This step has been taken to make the service fast, convenient, and middleman-free in line with t...

Government decision is now through digital system, new regulations to end delays are implemented

Kathmandu.  The government has introduced the 'Regulations on Simplifying and Digitizing Government Decision-Making Process, 2083' to make the decision-making system of public administration more responsible, fast and effective. The 'Governme...