FORWARD Community Microfinance Bittiya Sanstha Ltd. is registered under the Company Act from the Company Registrar and licensed by Nepal Rastra Bank as a national level Microfinance Development Bank ("D" Class financial Institution) with Head office in Duhabi-3, Sunsari of Eastern Development Region of Nepal. The bank has started its formal operation from 18th March 2013 by taking over the Forum for Rural Women Ardency Development (FORWARD) NGO’s 12 years old microfinance programme along with assets, liabilities and staffs.
In the pursuit of poverty reduction through providing qualitative financial services to poor people in underserved and un-served people in a sustainable way, FORWARD has established 97 branches from East to Far-west and has plan to further expand its services in upper hills, mountains and inner part of Terai.
|No of Area/Regional Offices||10|
|No of Branch Offices||97|
|Working VDC & Municipalities||969|
|No of Total Staffs||529|
|No of centers||11,913|
|No of Active Clients||212,260|
|No of Loan Clients||137,302|
|Saving Deposit (NPR) (000)||Rs. 2,632,494|
|Loan Outstanding (NPR) (000)||Rs. 6,229,999|