10 September 2024, Kathmandu
Gurans Laghubitta Bittiya Sanstha (GLBSL), a leading microfinance institution in Nepal, has made significant strides in providing financial services to underserved communities.
Gurans Laghubitta Dividend
The company’s recent announcement of a 14.25 percent stock dividend and 0.75 percent cash dividend for its shareholders is a testament to its growth and success.
A Brief Overview of Gurans Laghubitta
- Mission: To uplift marginalized communities through sustainable financial solutions.
- Impact: Serving over 20,000 members across 12 districts in Nepal.
- Growth: Expanding its network with 33 branches and increasing paid-up capital from NRs 2 crore to NRs 10.14 crore.
Why This Dividend Announcement is Significant
- Financial Health: The dividend reflects the company’s strong financial performance and profitability.
- Investor Value: Shareholders can expect an increase in the value of their investments.
- Commitment to Mission: The dividend demonstrates Gurans Laghubitta’s dedication to delivering value while continuing its social impact.
Key Objectives and Achievements
- Promoting Savings: Encouraging members to save for a secure financial future.
- Supporting Income Generation: Providing loans for income-generating activities.
- Empowering Micro-Enterprises: Supporting small businesses through financial resources and guidance.
- Raising Social Awareness: Educating members on financial literacy and social security.
- Enhancing Social Security: Offering financial products for long-term security.
Looking Forward:
As Gurans Laghubitta continues to grow and expand its reach, it is poised to become a driving force in the Nepalese microfinance sector. The company’s commitment to its mission and its ability to deliver value to both shareholders and the communities it serves make it a promising institution for the future.
For more: Gurans Laghubitta Dividend