CYC Nepal Laghubitta Bittiya Sanstha Limited Verified

CYC Nepal Laghubitta Bittiya Sanstha Limited (CYCNSBSL) was established in 2019 as a microfinance institution. CYC Nepal was registered on 11 February 2019  as a public company as a class ‘D’ financial institution with the Nepal Rastra Bank under Act, 2063 and started formal microfinance operation from 15 March 2019. CYC Nepal is previously known as CYC (Chartare Youth Club) which is located in Samikshalaya Road Baglung.

Currently, CYC Nepal Laghubitta is providing microfinance services to more than 47000 deprived households of Hilly and Mountainous regions of Nepal with a prime focus on low-income households, assets-less, self-employed in the informal sector to uplift their livelihood increasing involvement in economic activities and income-generating activities. Besides all these financial services, it also focuses on their social development, cultural promotion, educational development, skill development & many more by its fully operated 37 branch offices which are located in Baglung, Gulmi, Arghakhachi, Tanahun, Palpa Lamjung Myagdi, and Parbat.

Mission

• To provide financial services, financial awareness, and social awareness to the people in financially un-served areas of Nepal in an easy and sustainable manner.

Vision

• To be a social financial institution that makes a contribution to the mission of poverty reduction in Nepal by helping people to be socially aware, increased entrepreneurship, and financially self-reliant.

Goal

• The primary goals of Cyc Nepal Laghubitta Bittiya Sanstha Ltd. are to:
• Provide financial services to people by expanding services to remote areas of Nepal
• Transform financial awareness, entrepreneurship, and skill for livelihood to the people in rural areas.
• Develop a well-managed, sustainable, and technically capable institution with highly motivated and skillful human resources.
• Help poor families to increase their income by making involved the women.

Branches Contact Details: