14th April 2025, Kathmandu
Nawaraj Dhakal, a founding member of Grameen Bikas Laghubitta Bittiya Sanstha, has officially joined the board of directors. He took the oath of office and secrecy during the institution’s 253rd board meeting. The meeting was held on Chaitra 29, 2081 (April 11, 2025).
Nawaraj Dhakal Joins Grameen Bikas
Dhakal replaces Sibhahari Dangal on the board. Dangal had been representing Suture Star Design and Developers Pvt. Ltd. as a promoter director.
Transition in Leadership
The transition was made in line with the institution’s internal rules. Dhakal now represents the promoter group and steps into a role he helped establish. His experience and past involvement with the institution were key factors in his selection.
Board members present at the meeting welcomed Dhakal and expressed hope for his positive contributions. The chairperson emphasized the need for experienced leadership to drive the organization forward.
Responsibilities and Commitment
By taking the oath, Dhakal committed to upholding the institution’s values. He pledged to maintain confidentiality and serve with honesty and integrity. The board expects him to bring a strategic vision and practical insights from his long-standing association with rural finance.
Dhakal expressed gratitude for the opportunity. He shared his intention to support sustainable growth and expand services in underserved areas. He also highlighted the importance of transparency and responsible leadership in financial institutions.
Background of the Organization
Grameen Bikas Laghubitta is one of Nepal’s leading microfinance institutions. It focuses on improving financial inclusion in rural areas. The institution provides microloans, savings, and other financial services to low-income communities.
With branches across multiple districts, it plays a crucial role in promoting small-scale entrepreneurship. Its mission includes empowering women, supporting agriculture, and enhancing self-reliance through finance.
Strategic Priorities Ahead
With Dhakal on board, the institution plans to review its upcoming strategic goals. The next board meeting will focus on financial literacy programs, digital finance expansion, and better access to credit in remote areas.
Officials expect Dhakal to take part in decision-making for future initiatives. His input is seen as important in shaping new policies and improving service delivery.
A Step Toward Stronger Governance
The recent change reflects the institution’s commitment to strong governance. By involving founding members, the board ensures alignment with its original mission. It also strengthens accountability and promotes continuity in leadership.
Grameen Bikas Laghubitta believes in inclusive decision-making. The board stated that every new appointment is a step toward improving efficiency and deepening its impact on rural livelihoods.
Conclusion
The appointment of Navaraj Dhakal marks a new chapter in the organization’s leadership. With his experience and vision, Grameen Bikas Laghubitta aims to enhance its services and uphold its mission of financial empowerment for all.
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