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Background & Concept

The early concept of establishing an actually inclusive and wide-ranging financial institution was envisaged by Rural Self-reliance Development Centre (RSDC) a NGO, working to materialize 'self-reliant' and 'self-dependant' society. Rural Self-reliance Development Centre (RSDC) had already established and promoted 171 cooperatives (known as Swawalamban Sahakari) in 12 districts, with strong belief that local financial demands can be fulfilled and economic activities stimulated by consolidating local institutions (mainly cooperatives). As anticipated, Rural Self-reliance Development Centre, succeeded to fulfill local financial demands and stimulate economic activities to some extent, but shortly, those cooperatives turned to be unable to provide the required financial support to rural people, because of the lack of the sufficient fund. In rural cooperatives, demand for loan was very high in comparison to their deposit collecting capability. Rural Self-reliance Development Centre began to think about an institution that can provide financial support to the cooperatives (mainly Swawalamban Sahkari) operating in rural areas, and this was the very first prototype of RSDC Laghubitta Bittiya Sanstha Ltd. (RSDCMF).

Rural Self-reliance Development Centre (RSDC) had already established and promoted 171 cooperatives (known as Swawalamban Sahakari) in 12 districts

For various reasons, Rural Self-reliance Development Centre (RSDC) first planned to incorporate a financial institution, whose promoters were to be RSDC itself and Swawalamban Sahakari along with other individuals. But because of some legal provisions, Swawalamban Sahakari (or any other cooperatives) were not eligible to incorporate a financial institution. Later, Rural Self-reliance Development Centre (RSDC), then Lumbini Bank Ltd. (Now Bank of Kathmandu Ltd.) and 172 individuals from 40 districts joined together to materialize the idea of incorporating a "D" class financial institution, at present known as RSDC Laghubitta Bittiya Sanstha Ltd.Before the establishment of RSDCMF, there were some wholesale lending organizations in Nepal, but their activity were mainly limited to the urban and semi-urban areas, and cooperatives and MFIs operating in core rural areas were either deprived of, or had very limited access to formal financial sector. Hence, RSSDCMF has been set up with the purpose of mainly providing wholesale lending in remote and rural areas with limited access to formal financial sector, and urban and semi-urban areas as well.


Promotion, empowerment and development of local institutions to strengthen economically disadvantaged rural communities.


Formation of Self-reliant and Self-dependent society.


To create such an environment where rural deprived communities will be able to fulfill their financial needs from their own institutions.


  • Teamwork
  • Efficiency
  • Customer Care
  • Compliance
  • Trustworthy

Brief Introduction

RSDC Laghubitta Bittiya Sanstha Ltd. (RSDCMF) is a national level "D" class financial institution, registered under Company Act-2063 and then Bank and Financial Institution Act-2063, and licensed by Nepal Rastra Bank. RSDCMF is the fourth financial institution of its type, and the first and only wholesale-microfinance financial institution, having its registered office outside Kathmandu valley. RSDCMF inaugurated its operation on 26th Bhadra 2070 (11th September 2013), from Butwal, in western Nepal. RSDCMF's initial authorized capital was NPR 20 crore, issued and paid up capital was NPR 6 Crore.

Promoters of RSDCMF hold 60 percent of its capital, whereas rest 40 percent has been allocated to public as ordinary shares. Major promoters of RSDCMF are Rural Self-reliance Development Centre, Kathmandu (RSDC-12.14%) and then Lumbini Bank (Now Global IME Bank Ltd.-12%) along with individual investors (35.86%) across various districts of the nation.
At present capital structure of RSDCMF Is:

Authorized Capital NPR 1000 Million
Issued Capital NPR 944.351 million
Paid up Capital NPR 944.351 million

RSDCMF has 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 by local semi-financial institutions, and stimulate economic activities in rural areas.