Support Laghubitta Bittiya Sanstha Ltd. (SMB) is registered under the "Company Act 2063" with the Company Registrar's Office of Nepal as a Microfinance Institution on Nov 14, 2014 (2071.07.27 Bikram Era). Support Received Operating License from Nepal Rastra Bank on June 30, 2015, and Started Formal Microfinance Programs from July 12, 2015 (2072.03.27) under Bank and Financial Institution Act 2063(2006). Initially, the Authorized Capital of Support is NRs. 150 million, the issued capital is NRs. 122.44 million and paid-up capital is NRs. 107.62 million (Promoters 70% & General Public 30%). Support First Branch Office Dhankuta Bajar ( Dhankuta Municipality) is located in Dhankuta District. Support Provides Microfinance Services such as Micro Loans, Micro Deposits, Microinsurance, and Remittance services to poor families of Nepal. Its Central Office is at Itahari, Sunsari District, and Eastern Region of Nepal.
The mission of Support is to support and strengthen the bottom of the socio-economic pyramid by facilitating easy and responsive access to financial services for the poor, marginalized and disadvantaged to come out of the vicious circle of poverty.
Vision
To contribute to establish poverty free prosperous society.
Goal
Upscale the financial status of the disadvantaged society of people by providing them with access to micro-finance services and enhance their business skills and grow their enterprises at optimum level.
The objective of Support is to reduce poverty and improve the quality of lives of the landless and asset-less rural and semi urban poor by providing them with diversified financial services.The primary objective of Support is to provide the disadvantaged section of the rural poor with easy access to credit, which will help them to uplift their socio-economic status and make the full use of their existing skills and resources.The specific objectives include:
Inputs: Philosophy of Support will be constituted based on the concept, belief and Process: working procedure has to elaborate in details - Observation and study, plan of Outputs: We can find out the result whether the target clients/beneficiaries will have Strategies
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