Manushi Laghubitta 6th AGM: Improved EPS, Financial Progress, & Future Dividend Plans

24th March 2025, Kathmandu

Manushi Laghubitta Bittiya Sanstha Limited held its 6th Annual General Meeting (AGM) on Sunday at Hotel View in Bhaktapur. The meeting was chaired by Padmasana Shakya, the Chairman of the Board of Directors, who presented the annual report, which was unanimously approved by the shareholders.

Manushi Laghubitta 6th AGM

During the meeting, Chief Executive Officer (CEO) Shova Bajracharya welcomed the attendees and shared an overview of the institution’s current financial position and progress. She also answered various queries raised by the shareholders and assured them of the institution’s commitment to reaching a point where it could distribute dividends in the coming year. Bajracharya emphasized that the institution had made significant efforts to improve its financial situation.

Manushi Laghubitta, which recently completed six years of operation, currently has 36 branches in 14 districts across Nepal. The institution’s share capital is NPR 109.375 million, and it holds a reserve fund of NPR 42.33 million. The institution’s Earnings Per Share (EPS) currently stands at a negative NPR 7.22, showing a marked improvement from last year’s EPS of negative NPR 38.25. This indicates a reduction in losses but also suggests that the institution still has much work to do before reaching profitability.

Despite this negative EPS, the institution has managed to collect over NPR 98.78 million in deposits from 33,718 members in the review period. This indicates that the institution is gaining the trust of its members and continues to expand its customer base. However, the institution is not yet in a position to distribute dividends, which remains one of its key goals for the next year.

The microfinance sector in Nepal faces intense competition, and there are challenges regarding loan repayment from some clients. Additionally, stricter regulatory policies have made it difficult for institutions like Manushi Laghubitta to maintain smooth operations. Despite these challenges, the management of Manushi Laghubitta is determined to overcome these obstacles and continue expanding its services.

The management has assured the shareholders that they are working toward achieving financial stability and growth. The institution is focused on improving its financial performance and reaching a point where it can begin distributing dividends. Manushi Laghubitta is committed to maintaining the trust of its shareholders and members and is working hard to build a solid foundation for the future.

In conclusion, Manushi Laghubitta Bittiya Sanstha has made notable progress in its six years of operation. The institution has improved its financial health, expanded its services, and grown its customer base. While challenges remain, the management is confident in its ability to achieve financial stability and continue serving its members. With a clear focus on growth and profitability, the institution is determined to succeed in the competitive microfinance sector.

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