Kalika Laghubitta Bittiya Sanstha Ltd.

Introduction

Kalilka Laghubitta Bittiya Sanstha Ltd. is a 'D' class bank licensed from Nepal Rastra Bank under the Bank and Financial Institution Act, 2063. It started financial transaction on Bhadra 4, 2067. It modified conventional banking practice by removing the need for collateral and created a banking system based on mutual co-operation, trust, participation and accountability. KLBSL provides credit to the economically deprived of different ethnic groups and religion in rural areas; thus assisting in fulfillment of their entrepreneurship dream, with or without collateral as per KLBSL loan policy. At KLBSL, we believe that credit is a cost-effective weapon to fight poverty as it helps in the overall improvement of socio-economic conditions of the people who have previously been kept outside the banking orbit. We aim to assist the government in its national goal of poverty reduction.

We provide microfinance services to the target people i.e. micro-loan, deposit, and remittance services through a network of 103 branch offices throughout 36 districts.

Message from CEO

Namaste to All,

We, Kalika Laghubitta Bittiya Sanstha Limited (KLBSL), are dedicated to providing reliable microfinance services, particularly in rural communities, to help fulfill financial needs. Our goal is to be a key player in the national movement to reduce poverty, actively involving marginalized populations and supporting their upliftment.

Our mission focuses on identifying and maximizing local resources to empower underprivileged groups through financial assistance. Our primary objectives include offering loans, deposit mobilization, insurance services, skill development training, and business knowledge training. We aim to improve access to financial and social services for underserved areas, enhancing the socio-economic status of our clients.

Despite the challenges posed by the country’s infrastructure, KLBSL plays a crucial role in providing both financial and non-financial services to the poor, ultimately improving their quality of life. We are committed to serving marginalized and socially deprived communities, significantly contributing to poverty reduction in Nepal.

We offer flexible products and services through our branch network across 47 districts nationwide. Our organization has experienced notable growth and improvement across all key indicators.

I would like to express my gratitude to all regulatory bodies, including Nepal Rastra Bank, the Office of the Company Registrar, the Securities Board of Nepal, the Nepal Stock Exchange, and the Government of Nepal for their support.

Thank you.
Kulchandra Parajuli
CEO, Kalika Laghubitta Bittiya Sanstha Limited