WELCOME TO NERUDE

Introduction of the NLBSL:
Nerude Laghubitta Bikas Bank Ltd. is registered under the "Company Act 2063" with the Company Registrar's office of Nepal as a micro-finance institution in Biratnagar,Morang district. The registered code number of this organization is 989/063/64 dated March 4, 2007 (2063.11.10 Bikram Era). Nerude came into existence in May 23, 2007 (2064.02.09) with the establishment of its central office at Biratnagar in Eastern Region of Nepal. The Nepal Rastra Bank (NRB) has given the license for operating the transactions. The license number is "D" 12/063/64.

Nerude Laghubitta Bikas Bank Ltd. was established in 2007 with the objective of uplifting the socio-economic status of rural poor. It has initiated micro-financial services and community development activities to female group members by replicating the basic approach of Grameen Bank Financial System of Bangladesh (GBFS).

NERUDE aims to work as a self-sustained financial institution and serve a maximum number of the rural poor and deprived members through delivery of micro-finance services at the grassroot level.

Program Services:
Nerude provides both financial and non-financial services to its clients. As one of the non-financial services, Nerude will make necessary attempts the capacity of its clients.

Financial Srvices:
Credit delivery, saving mobilization and livestock insurance scheme falls under the financial services.

Nerude provides following three types of financial services:

- Credit services

- Saving services