Gurans Laghubitta Announces Dividend: A Milestone in Microfinance

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