Swarojgar Laghubitta Bittiya Sanstha Ltd registered under the Company Act 2063 as a Microfinance Development Bank located in Banepa Municipality of Kavrepalanchowk district, Nepal. SLBBL was established in 2009 A.D. (2066 B.S.) and Permitted to operate service as a class “D” Bank by Nepal Rastra Bank (Central Bank of Nepal). The main objective of the establishment of the bank is uplifting socio-economic status of the poor and backward communities by providing Micro-Finance services to female group members on group-approach basis.
Vision
Poverty alleviation by providing micro-finance assistance/ services through a professional micro-finance institution and staffs.
Mission
Support to increase people’s income by designing and providing new types/methods of micro-finance services as relevant to particular locality.
Objectives
- Provide all sustainable micro-financial services to all customers/members within the organization’s functional area.
- Encourage banking habit of rural people and mobilizing their savings in beneficial trades.
- Provide additional financial services such as security, remittance, etc.,to members/ customers/ benificiaries.
- Make members/customers economically stronger through micro-financial services.
- Help members create job through self-employment method.
- Provide micro-financial services to at least one member of needy families.
- Maintain continuous and cordial relation with members / customers.
Strategy
- Mandatory saving upon being a member.
- Micro-financial services to target group.
- Complete micro-financial service package to members / customers.
- Financial discipline essential for better micro-financial services.
- Priority to women, dalits, indigenous and minority people.
- Group guarantee for comparatively smaller loan and collateral guarantee for bigger loan.
- Periodic but regular installment (principal + interest) repayment.
- Transparent, prompt and efficient service delivery.
- Door-to-door service.
- Based on productive and efficient staffs.
- Provision of loan service along with other relevant services.
Core Values
- The poor are not only honest but also capable of banking activities.
- Receiving micro-financial services is human rights of the poor.
- Saving is for future prosperity.
- Micro-financial service helps increase income and property leading to poverty alleviation thereby bringing peace and prosperity.
- Micro-finance for collective and social development.
- Provide inclusive financial service without discrimination (political, social, racial, religious or otherwise.)
- Organization functions on customer’s goodwill and cooperation.