Equity & Funding
The authorized capital is Rs. 1000 million of FORWARD Microfinance Laghubitta Bittiya Sanstha Limited. As of December, 2021 the Issued and paid-up capital is Rs. 625.5 million. The distribution of shares is as follows:
Shareholders |
% Of Total paid-up Equity |
FORWARD (The mother NGO) |
25.00% |
Everest Bank Limited (A Commercial Bank) |
25.00% |
Private Sector Other promoters |
20.00% |
General public including clients and staffs |
30.00% |
Total |
100% |
The FORWARD FINGO, Everest Bank Limited, RMDC Microfinance Ltd. and private sector individuals are initial promoters of the Institution.
The source of fund of FORWARD Microfinance is shareholder’s equity, client saving and deposit and borrowing from other commercial banks and financial institutions.