MFI Report-
5.2 million15,229339.92.0 million11.2 million34,152
Mission:
Vision:
To provide cost effective micro finance services to the poorest of the poor people of mid-western development region and thereby raise their socio-economic condition to the normal human standard.
Mission:
To deliver micro-financial services at the doorstep of the ... Read more
To provide cost effective micro finance services to the poorest of the poor people of mid-western development region and thereby raise their socio-economic condition to the normal human standard.
Mission:
To deliver micro-financial services at the doorstep of the ... Read more
Vision:
To provide cost effective micro finance services to the poorest of the poor people of mid-western development region and thereby raise their socio-economic condition to the normal human standard.
Mission:
To deliver micro-financial services at the doorstep of the poorest of the poor and deprived sections of the society through participatory self-help development approach. Hide
To provide cost effective micro finance services to the poorest of the poor people of mid-western development region and thereby raise their socio-economic condition to the normal human standard.
Mission:
To deliver micro-financial services at the doorstep of the poorest of the poor and deprived sections of the society through participatory self-help development approach. Hide
Background and Main Challenges:
MPGBB is a Development Bank registered under the Company Act of Nepal, 2021 and operates under the Development Bank Act, 2052. Nepal is divided into five development regions. One of them Madhya Paschimanchal Development Region is the working area of MPGBB. In this region, there are three ... Read more
MPGBB is a Development Bank registered under the Company Act of Nepal, 2021 and operates under the Development Bank Act, 2052. Nepal is divided into five development regions. One of them Madhya Paschimanchal Development Region is the working area of MPGBB. In this region, there are three zones namely Bheri, Rapti and Karnali and 15 districts.
MPGBB was established in Chaitra 28, 2051 B.S. with its head office in Nepalgunj, Banke district. It started its operations from Terai districts namely Banke and Bardiya and expanded its operation in terai, inner terai and hilly districts. The first loan was disbursed on Jestha 5, 2052 B.S. among the group of women of Bankatawa VDC through Kohalpur branch in Banke district.
The equity structure of MPGBB is as authorized share capital amounting NRs. 120 million of which NRs. 60 million is issued and paid up. The equity participation of MGBB is Nepal Rastra Bank (Central Bank of Nepal) 63.2%, His Majesty's Government of Nepal 16.5 %, four Commercial Banks 20 % (Nepal Bank Ltd., Rastriya Banijya Bank, Nepal Arab Bank Ltd (Nabil bank) and Nepal SBI Bank Ltd. each 5 %) and Credit Insurance Company owns 0.3 %.
Challenges:
1. Unhealthy competition
2. Lack of awareness of MF program
3. Operating system issues
4. Lack of motivation and efficiency of staff Hide
MPGBB was established in Chaitra 28, 2051 B.S. with its head office in Nepalgunj, Banke district. It started its operations from Terai districts namely Banke and Bardiya and expanded its operation in terai, inner terai and hilly districts. The first loan was disbursed on Jestha 5, 2052 B.S. among the group of women of Bankatawa VDC through Kohalpur branch in Banke district.
The equity structure of MPGBB is as authorized share capital amounting NRs. 120 million of which NRs. 60 million is issued and paid up. The equity participation of MGBB is Nepal Rastra Bank (Central Bank of Nepal) 63.2%, His Majesty's Government of Nepal 16.5 %, four Commercial Banks 20 % (Nepal Bank Ltd., Rastriya Banijya Bank, Nepal Arab Bank Ltd (Nabil bank) and Nepal SBI Bank Ltd. each 5 %) and Credit Insurance Company owns 0.3 %.
Challenges:
1. Unhealthy competition
2. Lack of awareness of MF program
3. Operating system issues
4. Lack of motivation and efficiency of staff Hide
Address:
Charbahini Road
Nepalgunj, Banke
Bheri
Nepal
Phone:
+977-81-522011
Fax:
977-81-521335
Email:
mpgbb [at] wlink [dot] com
Main Funding Sources:
Loans
Products and Services:
Loans
Voluntary Savings
Looking for (Investment Types):
Other Investment
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 1995
FYE:
16-Jul
Current Legal Status:
Rural Bank
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Ramdev YadavExecutive Chieframdeo5 [at] yahoo [dot] com-521115
