Laghubitta (Microfinance) is a financial service aimed at low-income individuals or at those who do not have direct access to typical banking services. Microfinance encompasses a number of financial services like micro-credit, micro-lending, micro-insurance, savings and money transfer among others. A microfinance institution (MFI) provides financial services to the communities who cannot offer collateral against the loans they take but have skills and desire to undertake economic activities for generating income and self-employment. MFIs range from small non-profit organizations to commercial banks. Based on the concept that access to financial services can help elevate low-income individuals out of poverty, microfinance programs are implemented in Nepal with a strong rural alignment, especially aiming at the poor.

Laxmi Laghubitta Bittiya Santha Ltd. is a pioneer microfinance institution committed to improving quality of life through the provision of inclusive and sustainable microfinance services to the economically disadvantaged people of Nepal.

In this episode of Banking Bahas we have talked with our guest Mr. Prakash Raj Sharma about how Laghubitta Bittiya Santhas are contributing to overall economic development of the rural sector through women empowerment and financial inclusion.
 
Presenter: Manoj Regmi

Guest:  Prakash Raj Sharma, President, NMBA 
              CEO, Laxmi Laghubitta Bittiya Sanstha Ltd.

About Guest
Mr. Prakash Raj Sharma is Chief Executive Officer in Laxmi Laghubitta Bittiya Sanstha Limited, a microfinance subsidiary of Laxmi Bank since its inception. He has Master degree in Business Administration and Bachelor Degree in Agriculture. He has completed professional course like Strategic Leadership for Microfinance (Harvard Business School, Boston USA), Boulder Microfinance Course (ILO, Turin Italy), and Management Development Program (AIM, Manila Philippines). 

Mr. Sharma brings four decades of experience in development banking and microfinance. As a microfinance practitioner he is involved in developing, implementing, and strengthening microfinance operations in Nepal and abroad. He is an active trainer and public advocate on issues related to microfinance such as sustainability, responsible finance, and client protection. He has been used as resource person on microfinance by different national and international network and organizations.

Presented By: bankingsamachar.com
Wardrobe Partner: ABiR
Facebook: https://www.facebook.com/abirdesigner…
Furniture Partner: The Furniture Republic
Facebook: https://www.facebook.com/furniturerep…

Banking Samachar's Social Links:

Facebook: https://www.facebook.com/bankingsamachar
Instagram: https://www.instagram.com/bankingsama…
Tiktok: https://www.tiktok.com/@bankingsamachar
Twitter: https://twitter.com/bankingsamacha
LinkedIn: https://www.linkedin.com/in/banking-s…
YouTube: https://www.youtube.com/channel/UCmh9…