DEPROSC-Nepal was one of the pioneers in micro finance industry in Nepal. We had also implemented direct lending to underprivileged families through their female members following grameen model, for which we obtained license from the Nepal Rastra Bank under the Financial Intermediary Act 1998 to work as financial intermediary.  Today as per the policy instruction of the central bank, DEPROSC-Nepal has handed over its microfinance portfolio to two national level micro finance institutions (private sector) promoted by DEPROSC-Nepal and others, Deprosc Laghubitta Bittiya Sanstha and NADEP Laghubitta Bittiya Sanstha which are serving some 200,000 families now.

At present, the phased over savings and credit cooperatives have grown up and expanded their services to larger communities. Many of them are mobilizing wholesale credit from RSRF, RMDC and other institutions.

Microfinance Portfolio until end of 2072:

YEAR BRANCH UNITS/NO. MEMBERS INTERNAL SAVINGS RS (000) LOAN DISBURSEMENT RS (000) LOAN OUTSTANDING RS (000) DEPRIVED SECTOR LOAN UTILIZATION RS (000) OPERATIONAL RECOVERY %
Jun-98 1 554 174 1772 1212 893 6
Jun-99 1 826 189 808 1022 9058 18
Jun-00 1 983 625 4986 2623 10497 34
Jun-01 1 1299 965 3427 3062 20593 38
Jun-02 2 2223 1685 7810 5548 12557 32
Jun-03 3 4623 3772 21702 14816 19960 45
Jun-04 5 9028 9330 58538 36711 29628 62
Jun-05 7 14541 18676 121360 75466 106163 67
Jun-06 10 23438 37471 208080 141840 143797 72
Jun-07 16 35439 63325 472302 287298 312126 91
Jun-08 28 43824 98848 676173 399661 381235 94
Jun-09 30 49392 146345 938759 539879 660101 103
Jun-10 30 51760 217985 1449886 983073 781662 118
Jun-11 29 51989 289166 1476470 1134698 845532 109
Jun-12 30 50613 337066 1200668 1050774 1017862 96
Jun-13 34 48110 384330 1485450 1090730 1151992 113
Jun-14 34 46940 440988 1451896 1109029 1196906 113
Apr-15 34 44205 486368 1388987 1186667 768346 110

As an experienced institution in microfinance in Nepal, DEPROSC-Nepal is still engaged in policy debate and networking among microfinance practitioners. On the other hand, it develops packages for capacity building of community groups and cooperatives. The role of savings and credit cooperatives so as to carter the financial need at the rural hills is vital and DEPROSC-Nepal will continue to work to strengthen its capacities.

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