Sahara Nepal Saving and Credit Co-operative Society Limited

Organization Name

Sahara Nepal Saving and Credit Co-operative Society Limited

Chairperson

Mr. Narnath Giri

Executive Director

Mr. Mahendra Giri

Contact Address

Charpane-3, Jhapa

Tel No.: +977-23-541188, 543408

Fax No.: +977-23-543716

Email: saharanepal@ntc.net.np

Website

Not applicable

     

 

Organizational Synopsis:

Sahara Nepal Saving and Credit Co-operative Society Limited is a community, group and member based co-operative model microfinance institution established on April 03, 1996, registered under Co-Operative Act. 2058. It is is dedicated to the social and economic development of the local community by reducing the poverty. It is providing co-operative microfinance services to the members. It is also involving in a variety of social development programs, such as livelihoods, health & environment and community empowerment. It strives to raise awareness among the poverty stricken and the down trodden as well as to establish sustainable development in order to guarantee basic necessities and to achieve self-sufficiency, thus creating a legitimate society.

 

Organization Details

1

Legal Status

 Micro Finance Development Banks

 NGO promoting Microfinance

 Cooperative

 Others

Specify _________________

2

Established Date and Place

April 03, 1996, Jhapa

3

Vision

  • To be established as a community based sustainable, competent and empowered financial cooperative, supporting the formation of poverty free prosperous society

4

Mission

  • To improve the living standard of the people through economic, social and environmental services
  • To dreate opportunities of self employment through development of skilled human capital and mobilization of local means and resources
  • To promote the community based economic developemnt organization

5

Number of Districts coverage

3

6

Number of Branch offices

5

7

Number of VDCs coverage

86

8

Number of Staffs

113

9

Products and Services

  • Loans
  • Savings
  • Insurance
  • Funds Transfer Services
  • Business Development Services
  • Health
  • Education

10

No. of Members

60,000

11

Loan Outstanding (NRs)

791,097,576

12

Total Deposits (NRs)

511,842,095

13

Share Capital (NRs)

52,899,900

14

Partner Organizations

  • Government Offices District Administratio
  • Office District Education Office
  • DistrictAgricultural Development Offic
  • District Public Health Office
  • District Animal Health Office
  • District Soil Conservation Office
  • District Development Committee/VDC
  • Water Consumers’Organization and Community Forests Associations
  • Alternative Energy Promotion Cener (AEPC)
  • Government of Nepal Ministry of Local Developmentand District Development Committee,
  • Rights and Democracy (Canada)
  • Lutheran World Federation
  • Commercial Agricultural Development Project (DADP),
  • Asian Development Bank
  • World Health Organization,
  • United States Agency for International Development (USAID)
  • Habitat for Humanity
  • United Nations Environment Programme (UNEP Climate Finance Innovation Facility (CFIF)
  • Frankfurt School of Finance and Management
  • ACE Development Bank
  • Winrock International Nepal