Women’s Cooperative Society Ltd

Organization Name

Women’s Cooperative Society Ltd., Banking Office

Phone No.

977-1-4301619

Fax No.

977-01-4302061

Email Address

wcsbo@wlink.com.np

Address

Kuleshwor 14 P.O. Box 10879, Kathmandu

Website

 

Chairperson

Ms. Indira Manandhar

Executive Director

Mr. Amrit Prashad Kayastha

Contact Person Name and Address

 

 

 

Organizational Synopsis:

Women Cooperative Society Ltd. (WCS), a cooperative financing organization promoted by 28 women promoters, was established in 1995 under the Co-operative Act 1992. It has been authorized by Nepal Rastra Bank to undertake limited banking functions and micro-financing activities. More than 90 percent of its present share capital of Rs. 17.31 million is owned by women shareholders.

 

Organization Details

1

Legal Status

Cooperative

2

Established Date and Place

Januray 1, 1995

3

Geographical Focus Area Area (Hill, Mountain & Terai)

Kathmandu Valley

4

Mission Statement

The mission of WCS is to develop itself as a special financial institution to provide easy access to financial services for women in urban and rural areas and assist in alleviating poverty through women empowerment by raising their economic and social status.

5

Strategies and Interventions

a. Financial Services

b. Non-financial services

Financial Services: Various credit facilities and scheme provided through group on the village level.

Non-financial services: Pre-group training, Leadership training, Health and hygiene, Social awareness and development

Banking Program

1

Loan Disbursement Cumulative

Rs. 597.20 million

2

Loan Repayment Cumulative

Rs. 421.88 million

3

Loan Outstanding

Rs. 175.31 million

4

Deposit

Rs. 80.10 million

5

Total Human Resources

12

6

Male Staffs

7

7

Female Staffs

5

8

Deposit Schemes

  • General Saving

  • Special Saving

  • Recurring Deposit

  • Fixed Deposit

  • Housewives Saving Deposit

  • Senior Citizens Saving

  • Children’s Saving Scheme

9

Loan Schemes

  • Trading Loan

  • Industrial Loan

  • Hire Purchase Loan

  • Housing Loan

  • Educational Loan

  • Fixed Deposit Loan

  • Retired Civil Service Loan

Development Program MCP

1

Branches

4

2

Units

5

3

VDCs

82

4

Municipalities

5

5

Members

14905

6

Borrowers

9596

7

Loan Disbursements

Rs. 1005.09 million

8

Loan Repayment Cumulative

Rs. 868.58 million

9

Loan Outstanding

Rs. 136.51 million

10

Repayment Rate

99%

11

Member Savings Balance

Rs. 84.38 million

12

Scholarshop provided to

Nos. 535 Students

13

Total Human Resources

57

14

Male staffs

41

15

Female staffs

16

16

Saving Schemes

  • Group Saving

  • Center Fund Saving

  • Personal Saving

  • Housewife Saving

  • Upkar Saving

17

Loan Schemes

  • General Loan

  • Seasonal Loan