Microfinance originally developed as ‘microcredit’ to targeted people has changed a lot over the years. Microfinance started through an NGO and cooperatives as a movement to cater financial services to the poor, is now recognized as a tool to enhance financial inclusion, women empowerment and promoting self-employment thereby helping to alleviate poverty.
Swabalamban Laghubitta Bittiya Sanstha Limited(SWBBL) is a national level microfinance institution promoted with initiatives of Centre for Self-help Development(CSD) along with commercial banks-Nepal Investment Bank Ltd., Himalayan Bank Ltd., Nabil Bank Ltd and individual promoters committed toward poverty alleviation.
SWBBL is serving the deprived and socio-economically marginalized communities in all 7 provinces in the country from the Himalayan region to plane Terai region. It provides financial services namely microcredit, saving, micro-insurance/ security service, remit service, and social mobilization as well.
SWBBL is expanding its outreach to serve the un-served and under-served population. It is aware of client protection, social performance, and sustainability issues. It continuously revisits and refines its products, services, delivery models and channels so as to address clients’ needs and preferences.
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