Forward Microfinance Contributes Financial Assistance of Rs 3 Million to Prime Ministers Relief Fund for Bhotekoshi Flood Victims
9th September 2026, Kathmandu
Forward Microfinance Laghubitta Bittiya Sanstha Limited has provided financial assistance to the Prime Ministers Relief Fund to support victims of the Rasuwa Bhotekoshi flood that occurred on Bhadra 10.
Forward Microfinance Financial Assistance
The devastating flooding in the Bhotekoshi River caused significant loss of life and property across Rasuwa Nuwakot and Dhading districts along with surrounding regions. According to Company Secretary Binod Kumar Chaudhary the institution contributed Rs 3006650 in cash to support rescue relief and long term rehabilitation efforts.
Breakdown of Relief Contribution
The total financial aid provided by the microfinance institution combines corporate funding with voluntary employee donations.
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- Corporate Social Responsibility Fund: A total of Rs 1.6 million was allocated directly from the institution CSR fund.
- Employee Contributions: Staff members collectively raised Rs 1406650 toward the disaster relief initiative.
- Total Financial Support: The combined contribution deposited into the relief fund stands at Rs 3006650.
Direct Relief Initiatives and Management Statements
Alongside its government fund deposit Forward Microfinance is organizing direct distribution of daily essentials for affected families.
- Direct Distribution: The institution plans to independently distribute essential daily use items directly to flood affected residents in impact zones.
- Statement from Management: Chairperson Bhagwati Chaudhary emphasized that the contribution represents an effort toward nation building and humanitarian aid highlighting that the organization joined the government national campaign during a critical time of disaster.
- Official Condolences: The institution expressed deep sympathies to the families of those who lost their lives wished a speedy recovery to the injured and appealed to authorities for effective rescue operations.
About Forward Microfinance
Forward Microfinance Laghubitta Bittiya Sanstha Limited is a Class D financial institution licensed by Nepal Rastra Bank operating at a national level. The institution delivers targeted financial services to women from low income and disadvantaged communities. Through its network of 159 branches spread across 40 districts in Nepal Forward Microfinance currently serves over 284000 customer members.
