As poverty is the main development challenge for the overall development of Nepal, Government of Nepal has been repeatedly stated and emphasized to Poverty alleviations as the primary agenda of development.
Since the microfinance is universally accepted as an effective tool for addressing poverty, Govrment of Nepal and Nepal Rastra Bank (Central Bank) has its focus in microfinance services.
With the aims to support the government program, The Sarathi Nepal Laghubitta Bittiya Sanstha Ltd. has concentrated its activities in tarai (Plain) areas to hills and mountain areas.
So far, after the merger of two different ( The Sarathi Laghubitta Bittiya Sanstha Ltd., Vyas-02, Damauli, Tanahun and Naya Nepal Laghubitta Bittiya Sanstha Ltd., Dhulikhel -03, Kaverepalanchowk) companies, the unified companies was given new name, "Sarathi Nepal Laghubitta Bittiya Sanstha Ltd". It is a public limited company under the Company Act 2063 and operating under the Banking and Financial Institution Act (BAFIA) 2073. The organization is licensed by NRB as a "D" class National Level financial institution under the BAFIA.
To become a sustainable and leading commercial microfinance institution in Nepal.
Reaching out to encouraging poor people of the Central and Eastern Regions through microfinance services including special support package (Solar Home System, Biogas and Irrigation, etc.) and making them financially empowered.
The SNLB have its strategies as under;
The SNLB believes its core value as under for sustainable microfinance services. These are:
Objectives of the SNLB are:
|1||NIC Asia Ltd.|
|2||Nabil Bank Ltd.|
|3||Prime comercial Bank Ltd.|
|4||Nepal Investment Bank Ltd.|
|5||Kumari Bank Ltd.|
|6||Century Commercial Bank Ltd.|
|7||NMB Bank Ltd.|
|8||Lumbini Bikash Bank Ltd.|
|9||Dev Bikash Bank Ltd.|
|10||Janata Bikash Bank Ltd.|
|11||Civil Bank Ltd.|
|12||Manjushree Financial institution|
|13||Central Finance Ltd.|
|14||First Microfinance development ltd.|