Janautthan Laghubitta AGM Completed in Butwal
15th March 2026, Kathmandu
Janautthan Samudayic Microfinance Financial Institution Limited successfully concluded its 15th Annual General Meeting (AGM) on Falgun 30, 2082 (March 14, 2026), at Hotel New Era in Butwal.
Janautthan Laghubitta AGM Completed
Chaired by Dr. Man Bahadur B.K., the meeting served as a vital platform for shareholders to review the institution’s progress in financial inclusion and to set a decisive path for future growth through strategic consolidation.
Leadership and Governance Review
The 15th AGM focused on the operational resilience of the institution during the fiscal year 2081/82. Board Director Huma Kumari Kunwar Thapa opened the proceedings by emphasizing the collective responsibility of microfinance leaders in driving rural economic development. Chairman Dr. Man Bahadur B.K. presented the formal annual report, detailing how the institution has navigated the current economic landscape while maintaining its focus on the “Samudayic-owned Micro-banking” model.
Key institutional highlights discussed included:
Operational growth: Expansion of micro-banking services to marginalized and rural households.
Financial Transparency: Presentation and approval of audited financial statements, including the balance sheet and profit and loss accounts for the fiscal year 2081/82.
Stakeholder Engagement: Inclusion of feedback from founders and general shareholders, such as Gokarna Bahadur Karki Chhetri and Sarita Joshi, to refine service delivery.
Strategic Decisions: Merger and Acquisition Authority
A pivotal outcome of this AGM was the endorsement of a special proposal granting the Board of Directors full authority to pursue merger or acquisition opportunities. This mandate allows the leadership to engage in negotiations with other suitable microfinance institutions to:
Strengthen capital base: Meeting evolving regulatory requirements set by Nepal Rastra Bank.
Enhance Competitive Edge: Achieving economies of scale through consolidation in a crowded microfinance market.
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Improve Service Delivery: Integrating technological advancements and diverse product portfolios from potential partner institutions.
Commitment to Accountability
To ensure continued compliance and accuracy in financial reporting, the AGM approved the appointment of an external auditor for the current fiscal year. This move reinforces Janautthan’s commitment to maintaining high standards of governance, which is essential for retaining investor trust and institutional credibility.
Microfinance as a Tool for Empowerment
During the remarks session, distinguished guests like Professor Dr. Drona Prakash Rasaili and former chairpersons Baburam Bishwakarma and Dr. Yam Bahadur B.K. reflected on the institution’s journey. They highlighted that the core mission of Janautthan remains the socio-economic empowerment of underprivileged communities through:
Micro-entrepreneurship: Providing small-scale loans to women and youth in rural areas.
Financial Literacy: Educating members on savings habits and sustainable debt management.
Community Resilience: Supporting native skill-based enterprises to reach commercially viable levels.
Looking Forward
As Janautthan Laghubitta moves into the next phase of its operations, the focus will remain on balancing social mission with financial sustainability. The board’s new authority to seek mergers indicates that the institution is preparing for a significant transformation, potentially positioning itself as a larger, more robust player in Nepal’s microfinance sector.
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