First Microfinance Laghubitta
Charter Tower, Gyaneshwor, Kathmandu-30, Nepal ·
A national-level wholesale microfinance institution (NRB Class-D) that channels micro-credit to retail MFIs and cooperatives rather than lending directly to individual members.
Rates at a glance
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| Wholesale Micro-Credit Loan (Laghubitta Karja - Term/Working Capital) | 6.62%–8.12% | 6.62% | +0.00%–1.50% |
| Agriculture Micro-Loan (Krishi Laghu Karja) | 6.62%–7.62% | 6.62% | +0.00%–1.00% |
| Green Micro-Loan (Harit Laghu Karja) | 6.62%–7.12% | 6.62% | +0.00%–0.50% |
About First
First Microfinance Laghubitta Bittiya Sanstha Ltd. began operations in early January 2010 (BS 2066 Poush 24) as a national-level wholesale lending microfinance institution licensed by Nepal Rastra Bank. Headquartered at Charter Tower, Gyaneshwor, Kathmandu, it provides term, working-capital, agricultural, and tailor-made wholesale loans to NRB-licensed MFIs and registered cooperatives, which in turn on-lend to low-income and marginalized people. Its paid-up capital is about Rs. 1,344.87 million and it is listed on NEPSE under the symbol FMDBL. Because it is a wholesale lender, it does not collect member savings or offer retail fixed deposits.
Source: fmdb.com.np
Contact
- Head office
- Charter Tower, Gyaneshwor, Kathmandu-30, Nepal
- Phone
- 01-4525358, 01-4525361
- [email protected]
- Website
- https://fmdb.com.np
Products & Services
Loans
5Other
3Digital & e-services
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.