NIC ASIA Laghubitta Bittiya Sanstha Limited

NIC ASIA Laghubitta Bittiya Sanstha Limited (NEPSE: NICLBSL) is a Class D microfinance institution licensed by Nepal Rastra Bank, providing microfinance services to low-income households, asset-less individuals, and self-employed workers in Nepal's informal sector. The company operates a Joint Liability Group (JLG) lending model with groups of five or more members, enabling group-based borrowing for income-generating activities, microenterprises, agriculture, and emergency loans. Following its merger with Swadeshi Laghubitta Bittiya Sanstha Limited in March 2021, NIC ASIA Laghubitta expanded significantly to become one of Nepal's largest microfinance institutions by branch count and capital base. As of mid-2025, the company operates 287 branches across all 74 districts and seven provinces of Nepal, serving approximately 203,000 rural households. The company also focuses on financial literacy and skill development programs. NIC ASIA Laghubitta is a 100% subsidiary of NIC ASIA Bank Limited. The company was incorporated in 2017 and is headquartered in Banepa, Kavrepalanchok, Nepal.

Key Facts

Classification

Class D Microfinance Institution licensed by Nepal Rastra Bank

Branches

287 branches across 74 districts and 7 provinces (as of June 2025)

Borrowers/Members Served

Approximately 203,000 rural households

Lending Model

Joint Liability Group (JLG) model with minimum 5 members per group

Major Merger

Merged with Swadeshi Laghubitta Bittiya Sanstha Limited in March 2021

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