As poverty is the main development challenge for the overall development of Nepal and microfinance is becoming globally an effective tool for poverty reduction there is tremendous scope of microfinance services in Nepal, rural areas in particular. Nepal being a least developed country  has abundant scope of micro finance services that will help in generating income of  people  below in the poverty line. Nepal, since 1974, has been undertaking different micro financing models to cater the credit need of the rural poor thereby involving them in income generation. Apart from this, the existing micro finance services are mostly concentrated their activities in Tarai (Plain) areas. The Hills and mountain areas are not yet accessed by such financial services. In this background, Sarathi Nepal Laghubitta Bittiya Sanstha has been established to provide financial services to the poor people of Hill, Mountain and Tarai areas of the Mid and Eastern Region of the country.

Sarathi Nepal Laghubitta Bittiya Sanstha Ltd(SNLB), Previously Naya Nepal Laghu Bitta Bikash Bank was established in 2009 as a "D" class regional level financial institution with the Nepal Rastra Bank under BAFI Act, 2063 (2006). Later, in 2018 , NNLB has changed its name to Naya Nepal Laghubitta Bittiya Sanstha ltd. as of Bank and Financial Institution Act 2073.



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;

  1. Savings first.
  2. Target – based approach in micro financial services.
  3. Total services (inclusive of special support) in package to its clients.
  4. Financial discipline is must for micro financial services.
  5. Priorities to women, minorities, Dalits and Janajaties in micro finance services.
  6. Non-collateral based lending (group liability) and individual liabilities for special package program.
  7. Equal installments for repayment of micro credit and repayment modules for Hill people.
  8. Transparent and fast track service delivery approach to its clients.
  9. Services will be conducted through Service Delivery Centers (SDCs).
  10. Lean and smart manpower based organization.
  11. Credit plus approach is endeavored in micro financial services. The institution will make  its best efforts in coordinating such services to the clients.

Core Values

The SNLB believes its core value as under for sustainable microfinance services. These are:

  1. Poor are honest and bankable.
  2. To get micro credit is just like a human right of the poor people.
  3. Savings for future economic strength
  4. Microfinance for poverty alleviation achieved through income generating activities which leads to peace and prosperity.
  5. Microfinance for collectiveness and community development.
  6. Inclusive financial services without political interference.
  7. Micro finanace institution will not survive without the cooperation of valued customers.


Objectives of the SNLB are:

  1. To provide all kinds of sustainable microfinance services to its clients of the operational areas of the bank
  2. To help develop banking and savings habit amongst rural people, generate savings and mobilize for its best utilization.
  3. To provide alternative financial services to its clients such as remittance services and insurance products.
  4. To make its clients financially empowered through micro finance services.
  5. To generate employment opportunities including self-employment in the project areas of the bank.
  6. To provide microfinance services to at least one member from the deprived household.
  7. To maintain a constant and close relationship with its beneficiaries.

Organization Structure