+977 01-5315936/37
info@meromicrofinance.com
Monday – Friday: 9:00 AM – 5:00 PM | Saturday & Sunday : Closed
Career
Support
Logo
Home About — Background — Philosophy — Source of Fund — National Coverage — Automation — Lending Methodology — Privacy Policy Governance — Board of Directors — Management Team — Corporate Team — Audit Committee — Organogram — Organization Structure — Chairman's Message — CEO's Message Products — Financial Services — Non-Financial Services — Product Chart — Loan Products — Savings Products — Interest Rates — Service Charges Partners — Lenders — Investors — Networks Publications — Annual Reports — Quarterly Reports — Base Rate — AGM Minutes — Institutional Compliance — Right to Information — CSR Reports Updates — Latest News — Notices — Blogs — Training & Exposure — Gallery — Downloads Branches Contact — Contact Us — Find Us Grievances Career
Vacancy
Notice
Notice regarding Re-KYC Update | Interest Rate Revision Notice | Annual General Meeting Notice

Background

Our founding story and institutional milestones

Background

Meromicrofinance Laghubitta Bittiya Sanstha Ltd. (MEROMICROFINANCE) is joint initiative of 8 institutions (7 commercial banks and 1 development banks). MEROMICROFINANCE has been incorporated under Company Act, 2063 and registered as a 'D' class national level financial institution with the Nepal Rastra Bank under BAFI Act, 2073 (2016) on 30 Asadh, 2070 (14 July, 2013).

MEROMICROFINANCE received operating license from Nepal Rastra Bank on 14th July 2013 and started formal microfinance operation from June 18 July, 2013 from its first branch office Battar located in Nuwakot district. The authorized capital of MEROMICROFINANCE is NRs. 1750 million, issued capital is NRs. 1320 million and paid up capital is 1320 million. The initial share distribution is paid-up Capital 855.14 million (Promoters 59.4 %, General Public 40.6 %)

Incorporation

Incorporated under Company Act, 2063

Classification

Registered as a "D" class national level financial institution

License

Operating license received from Nepal Rastra Bank on July 14, 2013

First Branch

First branch opened in Battar, Nuwakot on June 18, 2013

Capital Structure

Authorized Capital NRs. 1,750 Million
Issued Capital NRs. 1,320 Million
Paid-up Capital NRs. 1,320 Million
Promoter Shareholding 59.4%
Public Shareholding 40.6%
Loan Save Branch Download Notice
Seva