Mithila Laghu Bitta Bikas Bank Limited (MLBBL)

Vision, Mission, and Objectives

Vision

To become a strong, sustainable, and leading microfinance institution in Nepal by providing accessible, affordable, and responsible group-based microfinance services and other financial solutions to economically disadvantaged women living in rural communities. The institution envisions empowering rural women through financial inclusion, entrepreneurship, and socio-economic development while playing a leading role in Nepal's microfinance sector.

Mission

To deliver sustainable, customer-focused, and easily accessible microfinance services that improve the economic well-being of low-income households, particularly rural women. The institution is committed to promoting financial inclusion through responsible lending, quality customer service, and community-based financial solutions that support long-term livelihood improvement.

Objectives

The primary objectives of the institution are to promote financial inclusion, reduce poverty, and strengthen rural economies through responsible microfinance services. Its key objectives include:

• Create self-employment opportunities for economically disadvantaged rural women through access to microcredit and income-generating activities.

• Expand affordable and accessible banking and microfinance services to people living below the poverty line who have limited access to formal financial institutions.

• Improve the income level and overall quality of life of low-income households through responsible financial services.

• Promote social, economic, and community awareness among rural women through training, financial literacy, and community development programs.

• Maximize the productive utilization of local labor, skills, natural resources, and capital to strengthen rural economic development.

• Provide collateral-free, group-guaranteed microfinance services that encourage greater participation of rural women in economic and social activities.

• Support the development of agriculture, trade, small industries, livestock, and other income-generating enterprises by providing financial assistance to disadvantaged communities.

• Encourage sustainable entrepreneurship, financial discipline, and community-based economic empowerment through inclusive and responsible microfinance practices.

Through its commitment to financial inclusion, women's empowerment, and sustainable rural development, the institution strives to create lasting economic opportunities and contribute to Nepal's inclusive socio-economic growth.