By collecting the scattering capital of the residents of Madhyapur Thimi area who have no knowledge about banking transactions, this co-operative organization has been emerged by 28 active members with the main aim of “raising the feelings of co-operative for socio-economic and cultural development of local people. Registered in District Co-operative Board on 18th September 2000 (2nd Ashwin 2057 B
.S.) was formally inaugurated by the then Mayor of Madhyapur Thimi, Madan Krishna Shrestha in the preliminary meeting conducted in Naulo Jyoti English School on 2nd November 2000(17th Margh 2057). President Jeevan Hari Shrestha 5. Joint Secretary Shiva Krishna S*t.
2. Vice President Jagat Krishna Shrestha 6. Member Raj Bhakta Shrestha
3. General Secretary Digambar Shrestha 7. Member Shyam Krishna Shrestha
4. Treasurer Pancha Krishna Shrestha
OUR VISION
To provide financial services according to co-operative norms, values and universal co-operative principle for the economic social and cultural development of its members. OUR GOALS
1) To collect deposit from its members regularly.
2) To provide reasonable interest on the collected deposits.
3) To provide loan at a reasonable interest rate for productive, income-oriented and skill-development work.
4) To increase the usual rate of interest on the deposit collected from old, destitute, single women and disabled persons.
5) To provide economic and physical help for the development of cultural and social sectors.
6) To run such programs that provide direct economic benefit to its members.
7) To conduct training instruction and teaching programs which helps to develop the personality of its members, leadership development of the society.
8) To run various health related services with the aim of preparing healthy citizens.
9) To run public awareness programs. INCLUSIVNESS
1) Nepal Federation of Saving and Credit Union(NEFSCUN)
2) District Saving and Credit Co-operative Association Ltd. WORKING AREA
1) Madhyapur Thimi Municipality.
2) Dadhikot Village Development Committee.
3) Balkot Village Development Committee.
4) Duwakot Village Development Committee. INTER INVESTMENT
1) Jeminars Investment and Trade Company Pvt. Ltd.
2) Kumari Investment Pvt. NUMBER OF MEMBERS
At present the organization is running with the number of members as mentioned below:
1) Male = 1633
2) Female = 1258
3) Corporate = 5
Total = 2896
ECONOMIC POLICIES ADOPTED
1) To increase interest rate according to time relativity.
2) Sufficient liquidity management.
3) Providing Loan facility to the share holder members by changing credit policy according to time relativity.
4) Having not flow of loan without mortgage and personal guarantee.
5) 1% for good credit amount and according to co-operative directory there is 25% to 100% credit loss management for outdated loan.
6) There is sufficient management for bad debts.
7) Having no transaction with the members out of its working area.
8) With the provision of collecting and paying interest of organization, 365 days is considered a year.
9) While collecting interest on loan from the day of taking loan up to the previous day of paying loan is counted.
10) 1.5% penalty is being charged to those who do not pay the principal and interest on given time.
11) While giving interest in deposit of personal account 5% pre-tax TDS is being collected in the account of internal revenue office Bhaktapur.
12) There is a facility of renewing the period of loan to the member whose term of paying loan is completed. On the basis of the satisfactory transactions made by one. ECONOMIC GLIMPSE
The organization was established in 2057 by 28 members with 700,000 (seven lakhs) share capital. Till 30th March 2012 (In present condition)
1) Share Capital Rs : 23,625,800
2) Deposit Collection : 305,843,603
3) Loan Investment : 264,101,325
Interest rate in deposit : Increasing according to time relativity. PRESENT BOARDMEMBERS
1) Chairman - Jagat Krishna Shrestha,
2) Vice Chairman – Shiva Krishna Shrestha,
3) General Secretary – Tui Lal Shrestha,
4) Treasurer – Purnotam Lal Shrestha,
5) Member – Jeevan Hari Shrestha,
6) Member – Pancha Krishna Shrestha,
7) Member – Mahendra Kumar Joshi,
8) Member – Krishna Lal Goja Shrestha
9) Member – Prithvi Ram Shrestha,
10) Member – Surya Lal Shrestha,
11) Member – Buddha Laxmi Bajracharya
COMMITTEE AND SUB COMMITTEES
Account Supervision Committee
1) Co-ordinator : Mukunda Krishna Shrestha
2) Member: Sudip Shrestha
3) Member: Jaya Laxmi Shrestha
Loan Sub-committee
1) Co-ordinator : Pancha Krishna Shrestha
2) Member : Hari Shreestha
3) Member : Ram Krishna Shrestha
Loan Clearance Sub-committee
1) Co-ordinator : Jagat Krishna Shrestha
2) Member : Purnottam Lal Shrestha
3) Member : Prithvi Ram Shrestha
Education & Health Sub-committee
1) Co-ordinator: Bhuwan Charan Shrestha
2) Secretary : Jagadishwor Shrestha
3) Member : Renu Shrestha
4) Member : Nabindra Shretha
5) Member : Dharma Ranjitkar
6) Member : Kritika Shrestha
7) Member : Tui Laxmi Shrestha
Women Sub-committee
1) Co-ordinator : Leena Shrestha
2) Secretary : Purna Keshari Shrestha
3) Member : Sushila Shrsetha
4) Member : Shushila Sibanja Shrestha
5) Member : Anita Shrestha
6) Member : Laxmi Shobha Shrestha
7) Member : Prabina Shrestha
8) Member : Rupa Shrestha
Comunication and Publication Sub-committee
1) Co-ordinator : Shyam Krishna Pate Shrestha
2) Secretary : Suyogya Shrestha
3) Member : Ramesh Kumar Shrestha
4) Member : Meena Shrestha
5) Member : Madhav Bahadur Shrestha
6) Member : Dinesh Shrestha
7) Member : Shyam Laxmi Shrestha
Youth Sub-committee
1) Co-ordinator : Om Kishwor Shrestha
2) Secretary : Bijendra Shrestha
3) Member : Sumit Shrestha'
4) Member : Sailesh Shrestha
5) Member : Ujjwal Shrestha
6) Member : Sugan Shrestha
7) Member : Binod Shrestha
8) Member : Ramesh Shrestha
Social & Cultural Sub-committee
1) Co-ordinator : Suresh Charan Shrestha
2) Secretary : Bimala Shrestha
3) Member : Thirth Maya Shrestha
4) Member : Muna Shrestha
5) Member : Sunil Shrestha
6) Member : Rajeshwori Shrestha
7) Member : Sabina Shrestha
ECONOMIC AND PHYSICAL HELP/AID
1) Shelter/Inn (Pati) construction in Ban Devi premises.
2) Donation of musical instruments in Bhajan Mandal of Madhyapur Thimi.
3) Management and Supply of Drinking Water during Bisket Jatra.
4) Economic Assistance to different organizations and associations.
5) Wheelchair Donation.
6) Food Supply to Orphanagge and Old Age Homes.
7) Tree Plantation in
HEALTH/MEDICAL CAMP CONDUCTED
1) Free ENT Camp.
2) Free Dental Camp
3) Free Eye Camp
4) Free Cervical Checkup Camp
5) Free Blood Pressure And Sugar Check Up Camp
6) Free Breast Cancer Check Up Camp
7) Free Whole Body Check Up Service
8) Free General Check Up Camp
9) Blood Donation Camp
TRAINING PROGRAME CONDUCTED
1) MC(Announcement) Training
2) Candle Making Training
3) Scented Stick Making Training
4) Cloth Flower Making Training
5) Accounting Training
6) Computer Software Training
7) Computer Hardware Training
8) Group Management Training
OTHER PROGRAME CONDUCTED
1) School Level Quiz Competition
2)
SAHAKARI SADBHAWANA BHRAMAN
1) Gorkha
2) Bandipur
3) Pokhara
4) Dolakha
5) Lamjung
6) Dhading
7) Dharan
8) Illam
9) Janakpur
10) Darjeling
11) Banepa, Sanga
Participation In International Arena
1) ACCU Forum in Seoul ,South Korea
2) Bangladesh Co-Operative visit
3) Malaysia
