Suryodaya Womi Laghubitta Bittiya Sanstha Limited

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Suryodaya Womi Laghubitta Bittiya Sanstha Limited (NEPSE: SWMF) is a Class D retail microfinance institution licensed by Nepal Rastra Bank under the Banks and Financial Institutions Act 2073. The company provides microfinance services primarily through a Joint Liability Group (JLG) lending model, targeting deprived women and unemployed youth in Nepal's rural sectors. Suryodaya Womi operates across all 7 provinces and 55 districts through 171 branches, serving 175,739 members as of late 2024. The institution offers savings accounts, microfinance loans, loan security products, and remittance services in productive sectors including agriculture and cottage industries. The company was formed on April 2, 2022, through the merger of Womi Laghubitta Bittiya Sanstha Limited (incorporated 2011) and Suryodaya Laghubitta Bittiya Sanstha Limited, and is headquartered in Putalibazar, Syangja, Nepal.

Key Facts

Operating area

All 7 provinces, 55 districts, 171 branches

Members

175,739 (as of late 2024)

Lending model

Joint Liability Group (JLG) with 2–50 members per group

Class D microfinance license

Licensed by Nepal Rastra Bank (NRB) under BAFIA 2073

Market share

2.73% deposits, 2.47% loans (April 2024)