RSDC Laghubitta Bittiya Sanstha Ltd. was incorporated with a Vision of 'Formation of Self-reliant and Self-dependent society'. We started our journey on 26th Bhadra 2070 (11th Sept. 2013), of becoming a financial institution for our potential clients, remaining firmly committed in our Mission of 'Promotion, empowerment and development of local institutions to strengthen economically disadvantaged rural communities'.

We believe that sustainable agricultural growth and rural development can be achieved

Our Goal is 'To create such an environment where rural deprived communities will be able to fulfil their financial needs from their own institutions'. We are aware of the fact that, poverty is largely a rural problem and agriculture is the key to alleviating the rural poverty. We believe that sustainable agricultural growth and rural development can be achieved, if a large proportion of the rural population would be able to make use of improved facilities to save and have better access to credit.

Most formal financial institutions deny the poor their services because of the high costs involved in small transactions, and the poor people’s inability to provide marketable collateral for loans. Hence we provide Wholesale Loan to : (1) Retail Microfinance Financial Institutions, (2) Cooperatives dealing with saving and credit, and (3) Non-government Organizations permitted for limited banking transactions. We have been working to materialize 'self-reliant' and 'self-dependent' society by consolidating local institutions (mainly cooperatives), so that they would be able to fulfill local financial demand and stimulate economic activities in rural areas.

At last, I would like to invite all our potential partners to work with us, to ensure reliable, affordable and sustainable financial services to the rural people in the country.

Damodar Joshi

Cheif Executive Officer