Suryodaya Womi Laghubitta Pays NPR 525,000 in Insurance Claim to Member
21st November 2025, Kathmandu
Suryodaya Womi Laghubitta Financial Institution Limited has fulfilled its commitment to its members by successfully disbursing an insurance claim of NPR 525,000 to one of its members, Netramaya Pantha Chhetri.
Suryodaya Womi Pays Claim
This payment was processed through the Laghubitta’s Bharatpur, Chitwan branch, demonstrating the institution’s responsiveness and efficiency in handling claims for its clientele.
Details of the Claim Disbursement
The significant insurance payout was made to the member following a period of processing the claim documentation, which was initiated after the unfortunate passing of the member’s husband.
Claim Amount: A total of NPR 525,000 was disbursed.
Recipient: The payment was made to Netramaya Panth Chhetri, a member affiliated with the Bharatpur branch.
Circumstance: The claim was paid out after the smooth completion of the necessary procedures related to the death of the member’s husband. Such claims are typically linked to mandatory insurance coverage that Laghubitta institutions provide to loan clients and/or their spouses to cover outstanding loan balances and provide a payout benefit to the family in the event of death.
The institution ensured that the required procedures were completed smoothly and promptly to guarantee the timely payment of the financial benefit to the bereaved family.
Official Handover and Community Context
The handing over of the insurance claim amount was conducted publicly at the Bharatpur branch, underscoring the transparency and community-focused nature of Laghubitta operations. The payment was made in the presence of various community leaders and institutional staff, highlighting the collaborative effort required in the microfinance ecosystem.
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Community Leaders Present: The ceremony was witnessed by key local figures, including Madhusudan Poudel, the Secretary of the Astha Tole Development Organization, and Mangala Chhetri Raut, the Treasurer of the same organization. Their presence signifies the community’s acknowledgment and support for the process.
Laghubitta Staff: The institution was represented by Balaram Kalakheti, the Monitoring Officer of the Bharatpur branch, who oversaw the formal process.
Group Members: The presence of local center group members reinforces the group lending model, which forms the foundation of Laghubitta operations. These group members provide peer support and mutual guarantee, essential components of microfinance success.
Role of Insurance in Laghubitta Operations
The prompt payment of this claim highlights a core operational strength and social mission of microfinance institutions like Suryodaya Womi Laghubitta.
Risk Mitigation: The provision of insurance ensures that the financial stability of the member’s family is protected from the sudden loss of income, which could otherwise severely impact their micro-enterprise and financial well-being. It prevents the family from being burdened by an outstanding loan liability after the death of the primary income earner or borrower.
Social Security: For many low-income families, this type of insurance coverage is the only formal safety net available, fulfilling a vital social security function that commercial banks typically do not prioritize.
Trust and Credibility: The smooth and timely disbursement of a significant amount like NPR 525,000 builds strong trust and credibility within the community, reinforcing the institution’s image as a reliable partner in financial inclusion and social support.
Suryodaya Womi Laghubitta, formed through the merger of Suryodaya Laghubitta Bittiya Sanstha and Womi Laghubitta Bittiya Sanstha, continues to strengthen its operations and commitment to the socio-economic upliftment of its members across Nepal.
For More: Suryodaya Womi Pays Claim
