Mero Microfinance

Our Story

Background

Meromicrofinance Laghubitta Bittiya Sanstha Ltd. is a joint initiative of 8 institutions — 7 commercial banks and 1 development bank — established to bring accessible microfinance services to underserved communities across Nepal.

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%