Incorporated in September 2001, Chhimek Laghubitta Bittiya Sanstha Ltd (CLBSL) received a micro-finance banking license from the Nepal Rastra Bank November 2001.
CLBSL is an offshoot of the micro-finance operation implemented by Neighborhood Society Service Centre (NSSC), a national level NGO, since the ‘90s in Mahottari and Chitwan in central Nepal. Chhimek has an overarching aim to improve access to financial services of the poor and marginalized women members. It strives to promote a culture of saving, encourages income generation, supports micro-enterprises development and provides social security services to its member.
As on Mangsir End, 2079
|Repayment Rate (%)||99.89|
|Overdue Loans (%)||0.55|
|Total Outstanding Loan||34,223,243,008.12|
”Our program is providing financial services to low income households at their door steps and has immensely improved their socio-economic status.”
C.E.O. - Chola Raj Sharma Joshi