Kathmandu: As of mid-January, microfinance companies have earned a net profit of Rs 6.68 billion. This is 36.72% more than the previous year. In the corresponding period of the previous year, microfinance companies had earned a total profit of Rs. 4.43 billion. This is the profit of 48 microfinance institutions so far.

Major indicators, including the net profit of many companies, have improved over a period of one year. Neighboring microfinance is leading in key indicators including paid-up capital, net interest income and net profit. Most reserve funds are self-sufficient microfinance, while Forward Microfinance is ahead in earnings per share.

The paid up capital of microfinance increased by 26.33 Percent

Total paid up capital of microfinance companies increased by 26.33% to Rs. 27.47 billion in the second quarter. The paid up capital of microfinance companies was Rs. 21.74 billion in the corresponding period of the previous year. Neighboring microfinance has the highest paid-up capital during this period.

Its capital has increased by 27% to Rs. 2.32 billion. The paid up capital of Nirdhan Utthan is Rs 2.195 billion. The capital of the other eight companies is over Rs 1 billion. The capital of 42 companies has increased in one year while the capital of six companies has remained the same as last year.