Nirdhan MFB
Sector: Commercial • Location: Nepal
Source: International Finance Corporation (IFC)
Nirdhan Utthan Bank Ltd. (“NUBL” or “Nirdhan”), a microfinance bank, commenced operations in 1999 by taking over the microfinance activities of Nirdhan NGO. NUBL is one of Nepal’s largest Micro Finance Development Banks (“MFDB”) with an outreach of nearly 110,000 clients and outstanding loans of approximately $13 million. It offers a wide range of loan products, deposit products, micro insurance a
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Nirdhan Utthan Bank Ltd. (“NUBL” or “Nirdhan”), a microfinance bank, commenced operations in 1999 by taking over the microfinance activities of Nirdhan NGO. NUBL is one of Nepal’s largest Micro Finance Development Banks (“MFDB”) with an outreach of nearly 110,000 clients and outstanding loans of approximately $13 million. It offers a wide range of loan products, deposit products, micro insurance and remittance.IFC proposes to invest up to $0.40 million equity for an up to 15% stake in Nirdhan Utthan Bank Ltd to provide a stable funding source in these turbulent times. An advisory services package through SEDF to strengthen institutional capacity is to be implemented in tandem with the proposed equity. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |