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वि.सं २०८१ बैशाख १५ शनिवार
Global Alliance for Banking on Values European Microfinance Award
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Current Project

Project Name

Partner Organization

Description

Agreement Date

Tenure

Non- Traditional Financial Services Project (NTFS)

iDE Nepal

Over the las few years, Muktinath Bikas Bank Limited (MNBBL) developed a partnership with Ide Nepal. Mnbbl has a microfinance program which lends in agriculture sector too. It directly administrators loans through branch offices. Initially Ide, the Frankfurt School German, and MNBBL collaborated to design climate smart vegetable loan products based on smallholder needs and business plans. The loan models were piloted successfully; iDE provided technical support and supply chain development to about 600 households and facilitated loans of about $ 450,000. Over this period MNBBL has become familiar with iDE’s commercial pocket approach and is interested to pilot Non-Traditional Financial Services to lower costs of its agricultural loan products and to improve technical support increasing farmer returns.

 Adoption of Agricultural Innovation through Non-Traditional Financial Services (NTFS) is a pilot project funded by International Development Research Center (IDRC) through Mennonite Economic Development Associates (MEDA) For 20 months ( January 2018- November 2019) in Kaski and Syangja district and Anukulan X Project funded by DFID for 15 months (April 2018- March 2019) in Kaski and Syangja district and Rudy and Aliace Ramsey Foundation for 15months ( January 2018- March 2019) in Palpa district.  International Development Enterprises (iDE) is leading the project in collaboration with Muktinath Bikas Bank.

May 15, 2018

May 15, 2018 to November 30, 2019

Improving access to finance for Small and Micro Enterprises (SMEs) in the Construction Sector / UKAID supported Post –Earthquake Recovery  Project (Purnima)

 

Mott MacDonald Limited- Nepal Branch

 

MNBBL had signed a partnership agreement with Purnima project funded by DFID and implementd by Mott MacDonald in Nepal. The project was implementd by MNBBL in Dhading District with a focus to provide appropriate financial services to the MSMEs involved in construction sector in different parts of the district. For understanding the MSMEs financing requirements, MNBBL conducted a market research in Dhading district with technical support from ACCESS Advisory. Based on the findings of the market research MNBBL made some adjustments to its SME loans to cater to the needs of the construction sector MSMEs and then offered the modified product through its branches in the district. In addition to offering them with financial products the Bank also provided the MSMEs with financial and business literacy training programs.

The specific objectives of the project are:

  1. To increase construction sector SMEs’ access to financial services such as savings, loans and insurance.
  2. To acquire a client profiling and credit analysis software for efficient loan decision-making, monitoring and risk management.
  3. To enhance the mindset, knowledge and skills of construction SME owners on financial discipline and business management.
  4. To enhance MBBL’s general operations in Dhading districts.
  5. To introduce digital technologies such as QR code for transaction.

 

January 23, 2019

July 31, 2019

Scientific Research and educational activities

The Human Rights Center of the University of Padova

The purpose of this Memorandum of Understanding  is the joint international co-operation through one or more of the following activities:

  • Scientific research and educational activities in subjects of common interest, in particular in human rights and local development in the framework of the UN 2030 Agenda for Sustainable Development
  • Mobility of MA Students and doctoral candidates for academic activities, through a procedure
  • Participation in seminars, academic meetings and other teaching programme.

September 25, 2019

September 24, 2024

German Financial Cooperation with Nepal Sustainable Economic Development in Rural and Semi-Urban Areas – MSME Finance Phase II(SEDRA II)

Government of Nepal represented by the Ministry of Finance (MoF, "Recipient") and Nepal Rastra Bank (NRB, Project-Executing Agency” and KfW Development Bank, German.

The Project concerns the refinancing of sustainable and target-group oriented sub-loans to micro, small and medium-sized enterprises (MSMEs) in rural and semi-urban areas in Nepal. This refers in particular to loan sizes in the so-called ‘missing middle’ (NPR 200,000 to 4,000,000) which go beyond microfinance but remain below traditional corporate finance. The Project supports two Partner Financial Institutions (PFIs) in expanding their rural and semi-urban MSME loan portfolio, of which Muktinath Bikas Bank Limited (MNBBL) has been selected as one of them. The purpose of the Project is the sustainable provision and use of a target-group oriented loan portfolio for predominantly rural and semi-urban MSMEs for their business investments. In light of the economic crisis caused by the COVID-19 pandemic, providing target-group oriented financing and liquidity to MSMEs has becomes even more important. The Project will contribute to provide access to finance to MSMEs in the crisis and support the selected PFIs in crisis management. Overall, the Project contributes to improving the entrepreneurial ecosystem for sustainable and socially balanced economic development in Nepal.

 

November 3, 2019

The completion period for the Accompanying Measure is up to 30 months after signing of the consulting contract.

Improving access to finance for Small and Micro Enterprises (SMEs) in the Construction Sector / UKAID supported Post –Earthquake Recovery  Project (Purnima)

 

Mott MacDonald Limited- Nepal Branch

 

Muktinath Bikas Bank and Mott Macdonald had entered into a partnership through memorandum of understanding for a period from 23rd January 2019 to 31st July 2019. During the period MNBBL had Modified Loan products features and simplified the process for the MSMEs. As a result, 37 MSMEs (against the target of 25) were able to receive loan from the bank for their business improvement during the piloting period. The Pilot project had been successfully implemented and after the successful collaboration Mott Macdonald is interested to take further partnership, Hence, MNBBL had signed agreement with MottMacdonald on dated 8th November 2019, for further lending to SME’s of Gorkha, Dhading and Nuwakot.

November 18, 2019

November 17, 2020

 

 

 

 

Avsar Microfinance Loan

Avsar Foundation, Kathmandu-25, Kathmandu

Financial Empowerment lies at the heart of empowering low-income communities. Illiteracy, low level of wealth, inheritance of debt compounded by inability to service debt borrowed at high interest rates from village landlords lead to vicious circle of poverty for such individuals and families. With an objective to address this prevalent issue in rural parts of Nepal. AF has introduced its program called “AVSAR Microfinance (Interest Return) Program”. Under the Program, AF collaborates with banks and other financial institutions as its implementation partner to design microfinance lending programs targeted towards low income deprived population.

MNBBL is focused towards working with the target people of AF and its vision is also very focused towards giving support to the under –privileged people and communities with low income in rural areas. This project will be implemented in following districts Taplejung, Dolakha, Siraha, Nawalparasi, Kapilvastu & Kailali.

November 25, 2019

Ongoing

The CSISA Nepal Covid-19 Response and Resilience Activity

 

iDE Nepal

MNBBL and iDE Nepal to implement Objective 1 of the CSISA Nepal Covid-19 Response and Resilience Activity (hereinafter referred as the “Project”). MNBBL will work with iDE as a financial partner to lend loans to returnee migrant workers for the purchase of farm mechanization machineries.  iDE and MNBBL will work in close collaboration to design and implement the loan financing and facilitate the returnee migrant workers to take up farm mechanization services as a successful enterprise.

Objective 1: This objective pertains to the expanded use of scale-appropriate farm machinery to generate employment, lower production costs for farmers, and create new entrepreneurship opportunities in the context of a COVID-19 affected Nepal. Key outcomes from this objective include development of 100 returnee migrant workers as  ‘service providers’ entrepreneurs, offering scale-appropriate land preparation, planting, irrigation, harvesting or post-harvest machinery services.

This activity will be implemented in Kailali, Banke and Dang Districts.

 

 

December 15, 2020

December 14, 2021