Through active participation of people of targeted sector, Ganapati Microfinance Bittiya Sanstha Ltd. has been established with a motive of providing financial and other supportive non-financialservices to the people of marginalized, under privileged & deprived sector by mobilizing & promoting local skills, tools and resources. Established on June 27, 2016 as a public limited company with company registrar under the public company legislation of Nepal, Ganapati Micro Finance Bittiya Sanstha limited obtained business-operating license from the Nepal Rastra Bank on November 15, 2016 as a “D” class financial institution under article 3 of the Bank & Financial Act (BAFIA) 2063. As a one of emerging national level microfinance, it started its operations from December 9, 2016 under the section 43(4) of BAFIA 2063from its registered head office situated at Suklagandaki Municipality Ward no.3, Dulegauda, Tanahun.It has aimed at providing financial services at door step of the people of deprived sector for conducting various incomes generating activities. To promote entrepreneurship among the people of marginalized sector and to uplift their socio-economic status is the main goal of the organization.
The authorized capital of the company is 20 million rupees. Its paid up capital is 10 million rupees among which 70% capital has been funded by its promoter shareholders. The remaining 30% of paid up capital will be issued to the general public in coming three years.