उपकार लघुवित्त वित्तीय संस्थाको प्रथम त्रैमासिक वित्तीय विवरणUpakar Laghubitta Bittiya Sanstha First Quarter Financial Results
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 4, 2026
Upakar Laghubitta Bittiya Sanstha Limited
नेपाल राष्ट्र बैंकबाट "घ" वर्गको इजाजतपत्र प्राप्त संस्था
HEAD OFFICE KOHALPUR-11 BANKE
CONDENSED STATEMENT OF FINANCIAL POSITION
Interim Financial Statements of FY 2083/84
UNAUDITED CONDENSED STATEMENT OF FINANCIAL POSITION ( AS PER NFRS)
As on Quarter ended 31th Ashwin 2083
Amount (NPR)
| Assets | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Cash and cash equivalent | 0 | 125,675 |
| Statutory Balances and due from Nepal Rastra Bank | 14,299,655 | 14,299,655 |
| Placement with Bank and Financial Institutions | 193413202 | 175083354 |
Derivative Financial Instruments 0 0
Other Trading Assets 0 0
Loan and Advances to MFIs & Cooperatives 0 0
Loans and Advances to Customers 2,253,641,741 2,401,565,417
Investment Securities 0 0
Current Tax Assets 0 0
Investment Property 0 0
Property and Equipment 8,729,490 9,182,013
Goodwill and Intangible Assets 0 0
| Deferred Tax Assets | 70,906,595 | 15,456,950 |
| Other Assets | 278,459,588 | 157,600,496 |
| Total Assets | 2,819,450,271 | 2,773,313,560 |
Liabilities
Due to Bank and Financial Instituions 0 0
Due to Nepal Rastra Bank 0 0
Derivative Financial Instruments 0 0
| Deposits from Customers | 1,666,038,658 | 1,447,830,845 |
| Borrowing | 659,175,236 | 804,123,610 |
| Current Tax Liabilities | 29,882,603 | 18,376,668 |
Provisions 0 484,250
Deferred Tax Liabilities 0 0
Other Liabilities 214,412,195 231,027,113
Debt Securities Issued 0 0
Subordinated Liabilities 0 0
| Total liabilities | 2,569,508,692 | 2,501,842,487 |
| Equity | ||
| Share Capital | 106,148,200 | 106,148,200 |
| Share Premium | - | - |
| Retained Earnings | -89,046,658 | -32,421,931 |
| Reserves | 232,840,037 | 197,744,805 |
| Total Equity | 249,941,579 | 271,471,074 |
| Total Liabilities and Equity | 2,819,450,271 | 2,773,313,560 |
CONDENSED STATEMENT OF PROFIT & LOSS
For the Quarter ended 31th Ashwin 2083
Current Year Previous Year Corresponding
| Particulars | This Quarter Upto | This Quarter (YTD) | This Quarter Upto | This Quarter YTD |
|---|---|---|---|---|
| Interest Income | 72,349,157 | 72,349,157 | 84,893,941 | 84,893,941 |
| Interest Expense | 38,368,987 | 38,368,987 | 42,115,406 | 42,115,406 |
| Net Interest Income | 33,980,170 | 33,980,170 | 42,778,535 | 42,778,535 |
| Fee and Commission Income | 7,736,496 | 7,736,496 | 7,830,898 | 7,830,898 |
| Fee and Commission Expense | 0 | 0 | 0 | 0 |
| Net Fee and Commission Income | 7,736,496 | 7,736,496 | 7,830,898 | 7,830,898 |
| Net Interest Fees and Commission Income | 41,716,666 | 41,716,666 | 50,609,433 | 50,609,433 |
| Net Trading Income | 0 | 0 | 0 | 0 |
| Other Operating Income | 0 | 0 | 0 | 0 |
| Total Operating Income | 41,716,666 | 41,716,666 | 50,609,433 | 50,609,433 |
| Impairment charge/(reversal) for Loans and Other Losses | 6,119,156 | 6,119,156 | 7,706,049 | 7,706,049 |
| Net operating income | 35,597,510 | 35,597,510 | 42,903,384 | 42,903,384 |
| Operating Expense | 32,270,080 | 32,270,080 | 31,864,692 | 31,864,692 |
| Personnel Expenses | 27,635,017 | 27,635,017 | 28,147,011 | 28,147,011 |
| Other Operating Expenses | 4,134,231 | 4,134,231 | 3,208,419 | 3,208,419 |
| Depreciation & Amortization | 500,832 | 500,832 | 509,262 | 509,262 |
| Operating Profit | 3,327,430 | 3,327,430 | 11,038,692 | 11,038,692 |
| Non-Operating Income | 0 | 0 | 0 | 0 |
| Non-Operating Expense | 0 | 0 | 0 | 0 |
| Profit before Income Tax | 3,327,430 | 3,327,430 | 11,038,692 | 11,038,692 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Current Tax | 998,229 | 998,229 | 3,311,607 | 3,311,607 |
| Deferred Tax | - | - | - | - |
| Profit for the Period | 2,329,201 | 2,329,201 | 7,727,085 | 7,727,085 |
| Condensed Statement of Comprehensive income | ||||
| Profit for the period | 2,329,201 | 2,329,201 | 7,727,085 | 7,727,085 |
| Other Comprehensive Income | - | - | - | - |
| Total Comprehensive Income | 2,329,201 | 2,329,201 | 7,727,085 | 7,727,085 |
| Earnings Per Share | ||||
| Basic Earnings Per Share | - | 8.78 | - | 29.12 |
| Diluted Earnings Per Share | - | 8.78 | - | 29.12 |
STATEMENT OF DISTRIBUTABLE PROFIT OR LOSS
For the Quarter ended 31th Ashwin 2083
| Particulars Current Year Upto This Qtr Ytd Previous Year Correspondng Qtr Ytd | ||
| Net profit or (loss) as per statement of profit or loss | 2,329,201 | 7,727,085 |
| Appropriations: | 559,008 | 1,777,230 |
| a. General reserve | 465,840 | 1,545,417 |
| b. Foreign exchange fluctuation fund | - | - |
| c. Capital redemption reserve | - | - |
| d. Corporate social responsibility fund | 23292 | 77270.85 |
| e. Employees' training fund | - | - |
| f. Client Protection Fund | 69,876 | 154,542 |
| g. Other | - | - |
| Profit or (loss) before regulatory adjustment | 1,770,193 | 5,949,855 |
| Regulatory adjustment: | ||
| a. Interest receivable (-)/previous accrued interest received (+) | - | - |
| b. Short loan loss provision in accounts (-)/reversal (+) | - | - |
| c. Short provision for possible losses on investment (-)/reversal (+) | - | - |
| d. Short loan loss provision on Non-Banking Assets (-)/resersal (+) | - | - |
| e. Deferred tax assets recognised (-)/ reversal (+) | - | - |
| f. Goodwill recognised (-)/ impairment of Goodwill (+) | - | - |
| g. Bargain purchase gain recognised (-)/resersal (+) | - | - |
| h. Actuarial loss recognised (-)/reversal (+) | - | - |
| i. Other | - | - |
| Net Profit for the 1st Qtr end 2083/84 available for distriubtion | 1,770,193 | 5,949,855 |
| Opening Retained Earning | -90,816,851 | -38,371,786 |
| Distribution: | ||
| Bonus shares issued | - | - |
| Cash Dividend Paid | - | - |
| Total Distributable profit or (loss) as on Qtr end date | -89,046,658 | -32,421,931 |
| Annualized Distributable Profit/Loss per share | -83.89 | -30.54 |
RATIOS AS PER NRB DIRECTIVES
| Particulars | Current Year This Quarter Upto This Quarter | Previous Year Corresponding This Quarter Upto This Quarter |
|---|---|---|
| Capital Fund to RWA | - | - |
| Non-Performing Loan (NPL) to Total Loan | - | - |
| Total Loan Loss Provision to total NPL | - | - |
| Cost of Funds | - | - |
| Credit to Deposit & Borrowing Ratio | - | - |
| Base Rate | - | - |
| Interest rate spread | - | - |
Interest Rates
1. Deposits : 7.5% - 10%
2. Loan & Advance : 13.88%
Note:
1. The above figures are subject to change upon regulator's instruction and /or statutory auditors.
2. The detail interim financial report has been published in the website.
3. The microfinance has applied alternative treatment in the crave out issued by the Institute of Chartered Accounts of Nepal with respect to the Impairment of Loans & Advances.
- Personnel expenses include the Provisions for Employee Bonus.
- Loans & Advances are presented net of Impairment charges.
- Actuarial Valuation will be done on annual basis for Employee Benefits.
7. The difference in profit as per the NFRS and GAAP has been transferred to Regulatory Reserve.
8. Previous period figures are regrouped / restated wherever necessary for consistent presentation and comparison.
धितोपत्र दर्ता तथा निष्काशन नियमावली २०७३ अनुसूची १४ (नियम २६ को उपनियम (१) संग सम्बन्धित )
आ.व २०८३/८४ को पहिलो त्रैमासिक प्रतिवेदन
१. वित्तीय विवरण :
(क) त्रैमासिक वासलात नाफा नोक्सान सम्बन्धी विवरण यसै साथ प्रकाशित गरिएको छ।
(ख) प्रमुख वित्तीय अनुपातहरू
प्रति शेयर आम्दानी मूल्य आम्दानी अनुपात प्रति शेयर नेटवर्थ प्रति शेयर कुल सम्पतिको मूल्य तरलता अनुपात
८.७८ २९३.२७ २३५.४६ २६५६.१५ १०.५
२. व्यवस्थापकीय विश्लेषण :
(क) त्रैमासिक अवधिमा संस्थाको मौज्दात आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सो को प्रमुख कारण सम्बन्धित विवरण :
आर्थिक वर्ष २०८३/०८४ को पहिलो त्रैमासिक अवधिमा यस वित्तीय संस्थाको अघिल्लो त्रैमासको तुलनामा यस त्रैमासमा संस्थाको नाफावृद्धि भएको छ।
(ख) आगामी अवधिको व्यावसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरण : प्रादेशिकस्तरको यस लघुवित्त वित्तीय संस्थाले स्थापनाका शुरु देखि नै वित्तीय पहुँच अभिवृद्धि गराई गरिबी घटाउने वित्तीय समावेशीकरण बढाउने लघुवित्त कार्यक्रमको पहुँच नपुगेका ग्रामीण समुदायमा लघुवित्त सेवा विस्तार उद्देश्य अनुरुप लुम्बिनी प्रदेशका सम्पूर्ण जिल्लाहरूमा कार्यक्रम विस्तार गरी कार्यक्रम संचालन गरी थप कर्जा लगानी तथा बचत संकलनलाई वृद्धि गर्दै लैजाने। यस वित्तीय संस्थामा आवद्ध सदस्यहरूका परिवारको दिगो विकास एव सुरक्षित भविष्यका लागि संस्थाले छरिएर रहेको बचत संकलनलाई जोड दिंदै आईरहेको छ। सदस्यहरूको उद्योगीतालाई ध्यानमा राखी उनिहरूमा स्वरोजगार सृजना गर्ने उद्देश्यले उद्यमीशिल र उत्पादनशील क्षेत्रमा कर्जा प्रवाह गरी दिगो व्यवसायिक सफलता हासिल गर्न तर्फ संस्था अग्रसर रहेको छ। चालु आर्थिक वर्ष २०८३/२०८४ मा प्रभावकारी वित्तीय सेवा प्रदान गर्नका लागि प्राविधिको उच्चतम प्रयोगमा सदस्य कर्मचारीहरूको दक्षता एव कार्यकुशलतामा अभिवृद्धि गर्न कर्मचारीको उत्पादकत्व वृद्धि गर्न एवं आन्तरिक नियन्त्रण प्रणालीलाई प्रभावकारी बनाउन तालिम गोष्ठी कार्यक्रम संचालन भईरहेको छ । व्यवसायिक योजना अनुरुप लक्ष्य प्राप्तीका लागि आवश्यक कामहरू भईरहेका छन । वित्तीय संस्थाले प्रदान गर्ने सेवा तथा सुविधाहरूलाई सदस्यको आवश्यकता अनुरुप समय सापेक्ष परिष्कृत गर्दै सदस्यहरूमा उद्यमीशीलता तथा व्यावसायिक सीप विकासका साथै डिजिटल वित्तीय साक्षरताको अभियानलाई निरन्तर गदै लैजान व्यवस्थापन प्रतिवद्ध रहेको छ ।
(ग) विगतको अनुभवबाट संगठित संस्थाको मौज्दात नाफा वा नगद प्रवाहमा तात्विक असर पार्न सक्ने घटना अवस्था आदि भएमा सो सम्वन्धी विश्लेषणात्मक विवरण : सदस्य ऋणी कर्जाको आकार तथा कर्जा असुली मा भएको सकारात्मकताले गर्दा आगामी दिनमा वित्तीय संस्थाको कार्यक्रमको गुणस्तर सुदृढ भई आम्दानीमा अझ वृद्धि हुनेमा व्यवस्थापन विश्वस्त छ । लघुवित्त संस्थाहरूमा देखिएको अस्वस्थ्य प्रतिस्पर्धा तथा सदस्यहरूमा कर्जाको अधिकभार बढ्नुका साथै विभिन्न समूहहरूका नाममा फैलाईएको विकृतिले वित्तीय संस्थाले लगानी गरेको ऋणको गुणस्तरमा असर पर्न गएको छ । कर्जा सूचना केन्द्रको प्रभावकारिता वृद्धि हुँदै जाँदा जोखिमहरू क्रमशःन्यून हुँदै जाने देखिन्छ ।
३. कानूनी कारवाही सम्बन्धी विवरण :
(क) यस अवधिमा यस वित्तीय संस्थाले कसैका उपर मुद्दा दायर नगरेको साथै वित्तीय संस्था विरुद्ध मुद्दा दायर भएको कुनै सूचना प्राप्त नभएको ।
(ख) संस्थाको संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी सम्बन्धी मुद्दा दायर भएको कुनै सूचना प्राप्त नभएको ।
(ग) कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा मुद्दा दायर भएको कुनै सूचना प्राप्त नभएको ।
४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण :
(क) वित्तीय संस्थाको शेयरको कारोबार नेपाल स्टक एक्सचेन्ज मार्फत भईरहेको छ । वित्तीय संस्थाले मूल्यमा प्रभाव पार्न सक्ने कुनै पनि आधारभूत सूचना प्रचलित ऐन तथा नियमको परिधि भित्र रही प्रकाशित गरिने छ । लगानी कर्ताहरूको यस संस्था प्रतिको विश्वास उच्च रहेको हुँदा भविष्यमा कारोबार मूल्य सकारात्मकता तर्फ उन्मुख हुने आंकलन गर्न सकिन्छ ।
Upakar Laghubitta Bittiya Sanstha Limited
Licensed "D" Class Financial Institution from Nepal Rastra Bank
HEAD OFFICE KOHALPUR-11 BANKE
CONDENSED STATEMENT OF FINANCIAL POSITION
Interim Financial Statements of FY 2083/84
UNAUDITED CONDENSED STATEMENT OF FINANCIAL POSITION ( AS PER NFRS)
As on Quarter ended 31th Ashwin 2083
Amount (NPR)
| Assets | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Cash and cash equivalent | 0 | 125,675 |
| Statutory Balances and due from Nepal Rastra Bank | 14,299,655 | 14,299,655 |
| Placement with Bank and Financial Institutions | 193413202 | 175083354 |
Derivative Financial Instruments 0 0
Other Trading Assets 0 0
Loan and Advances to MFIs & Cooperatives 0 0
Loans and Advances to Customers 2,253,641,741 2,401,565,417
Investment Securities 0 0
Current Tax Assets 0 0
Investment Property 0 0
Property and Equipment 8,729,490 9,182,013
Goodwill and Intangible Assets 0 0
| Deferred Tax Assets | 70,906,595 | 15,456,950 |
| Other Assets | 278,459,588 | 157,600,496 |
| Total Assets | 2,819,450,271 | 2,773,313,560 |
Liabilities
Due to Bank and Financial Instituions 0 0
Due to Nepal Rastra Bank 0 0
Derivative Financial Instruments 0 0
| Deposits from Customers | 1,666,038,658 | 1,447,830,845 |
| Borrowing | 659,175,236 | 804,123,610 |
| Current Tax Liabilities | 29,882,603 | 18,376,668 |
Provisions 0 484,250
Deferred Tax Liabilities 0 0
Other Liabilities 214,412,195 231,027,113
Debt Securities Issued 0 0
Subordinated Liabilities 0 0
| Total liabilities | 2,569,508,692 | 2,501,842,487 |
| Equity | ||
| Share Capital | 106,148,200 | 106,148,200 |
| Share Premium | - | - |
| Retained Earnings | -89,046,658 | -32,421,931 |
| Reserves | 232,840,037 | 197,744,805 |
| Total Equity | 249,941,579 | 271,471,074 |
| Total Liabilities and Equity | 2,819,450,271 | 2,773,313,560 |
CONDENSED STATEMENT OF PROFIT & LOSS
For the Quarter ended 31th Ashwin 2083
Current Year Previous Year Corresponding
| Particulars | This Quarter Upto | This Quarter (YTD) | This Quarter Upto | This Quarter YTD |
|---|---|---|---|---|
| Interest Income | 72,349,157 | 72,349,157 | 84,893,941 | 84,893,941 |
| Interest Expense | 38,368,987 | 38,368,987 | 42,115,406 | 42,115,406 |
| Net Interest Income | 33,980,170 | 33,980,170 | 42,778,535 | 42,778,535 |
| Fee and Commission Income | 7,736,496 | 7,736,496 | 7,830,898 | 7,830,898 |
| Fee and Commission Expense | 0 | 0 | 0 | 0 |
| Net Fee and Commission Income | 7,736,496 | 7,736,496 | 7,830,898 | 7,830,898 |
| Net Interest Fees and Commission Income | 41,716,666 | 41,716,666 | 50,609,433 | 50,609,433 |
| Net Trading Income | 0 | 0 | 0 | 0 |
| Other Operating Income | 0 | 0 | 0 | 0 |
| Total Operating Income | 41,716,666 | 41,716,666 | 50,609,433 | 50,609,433 |
| Impairment charge/(reversal) for Loans and Other Losses | 6,119,156 | 6,119,156 | 7,706,049 | 7,706,049 |
| Net operating income | 35,597,510 | 35,597,510 | 42,903,384 | 42,903,384 |
| Operating Expense | 32,270,080 | 32,270,080 | 31,864,692 | 31,864,692 |
| Personnel Expenses | 27,635,017 | 27,635,017 | 28,147,011 | 28,147,011 |
| Other Operating Expenses | 4,134,231 | 4,134,231 | 3,208,419 | 3,208,419 |
| Depreciation & Amortization | 500,832 | 500,832 | 509,262 | 509,262 |
| Operating Profit | 3,327,430 | 3,327,430 | 11,038,692 | 11,038,692 |
| Non-Operating Income | 0 | 0 | 0 | 0 |
| Non-Operating Expense | 0 | 0 | 0 | 0 |
| Profit before Income Tax | 3,327,430 | 3,327,430 | 11,038,692 | 11,038,692 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Current Tax | 998,229 | 998,229 | 3,311,607 | 3,311,607 |
| Deferred Tax | - | - | - | - |
| Profit for the Period | 2,329,201 | 2,329,201 | 7,727,085 | 7,727,085 |
| Condensed Statement of Comprehensive income | ||||
| Profit for the period | 2,329,201 | 2,329,201 | 7,727,085 | 7,727,085 |
| Other Comprehensive Income | - | - | - | - |
| Total Comprehensive Income | 2,329,201 | 2,329,201 | 7,727,085 | 7,727,085 |
| Earnings Per Share | ||||
| Basic Earnings Per Share | - | 8.78 | - | 29.12 |
| Diluted Earnings Per Share | - | 8.78 | - | 29.12 |
STATEMENT OF DISTRIBUTABLE PROFIT OR LOSS
For the Quarter ended 31th Ashwin 2083
| Particulars Current Year Upto This Qtr Ytd Previous Year Correspondng Qtr Ytd | ||
| Net profit or (loss) as per statement of profit or loss | 2,329,201 | 7,727,085 |
| Appropriations: | 559,008 | 1,777,230 |
| a. General reserve | 465,840 | 1,545,417 |
| b. Foreign exchange fluctuation fund | - | - |
| c. Capital redemption reserve | - | - |
| d. Corporate social responsibility fund | 23292 | 77270.85 |
| e. Employees' training fund | - | - |
| f. Client Protection Fund | 69,876 | 154,542 |
| g. Other | - | - |
| Profit or (loss) before regulatory adjustment | 1,770,193 | 5,949,855 |
| Regulatory adjustment: | ||
| a. Interest receivable (-)/previous accrued interest received (+) | - | - |
| b. Short loan loss provision in accounts (-)/reversal (+) | - | - |
| c. Short provision for possible losses on investment (-)/reversal (+) | - | - |
| d. Short loan loss provision on Non-Banking Assets (-)/resersal (+) | - | - |
| e. Deferred tax assets recognised (-)/ reversal (+) | - | - |
| f. Goodwill recognised (-)/ impairment of Goodwill (+) | - | - |
| g. Bargain purchase gain recognised (-)/resersal (+) | - | - |
| h. Actuarial loss recognised (-)/reversal (+) | - | - |
| i. Other | - | - |
| Net Profit for the 1st Qtr end 2083/84 available for distriubtion | 1,770,193 | 5,949,855 |
| Opening Retained Earning | -90,816,851 | -38,371,786 |
| Distribution: | ||
| Bonus shares issued | - | - |
| Cash Dividend Paid | - | - |
| Total Distributable profit or (loss) as on Qtr end date | -89,046,658 | -32,421,931 |
| Annualized Distributable Profit/Loss per share | -83.89 | -30.54 |
RATIOS AS PER NRB DIRECTIVES
| Particulars | Current Year This Quarter Upto This Quarter | Previous Year Corresponding This Quarter Upto This Quarter |
|---|---|---|
| Capital Fund to RWA | - | - |
| Non-Performing Loan (NPL) to Total Loan | - | - |
| Total Loan Loss Provision to total NPL | - | - |
| Cost of Funds | - | - |
| Credit to Deposit & Borrowing Ratio | - | - |
| Base Rate | - | - |
| Interest rate spread | - | - |
Interest Rates
1. Deposits : 7.5% - 10%
2. Loan & Advance : 13.88%
Note:
1. The above figures are subject to change upon regulator's instruction and /or statutory auditors.
2. The detail interim financial report has been published in the website.
3. The microfinance has applied alternative treatment in the crave out issued by the Institute of Chartered Accounts of Nepal with respect to the Impairment of Loans & Advances.
- Personnel expenses include the Provisions for Employee Bonus.
- Loans & Advances are presented net of Impairment charges.
- Actuarial Valuation will be done on annual basis for Employee Benefits.
7. The difference in profit as per the NFRS and GAAP has been transferred to Regulatory Reserve.
8. Previous period figures are regrouped / restated wherever necessary for consistent presentation and comparison.
Securities Registration and Issue Regulations, 2073 Schedule 14 (Related to Rule 26 Sub-rule (1))
First Quarter Report of F.Y. 2083/84
1. Financial Statements:
(a) Quarterly balance sheet and profit & loss statements are published herewith.
(b) Major Financial Ratios
Earnings Per Share Price Earnings Ratio Net Worth Per Share Total Assets Value Per Share Liquidity Ratio
8.78 293.27 235.46 2656.15 10.5
2. Management Analysis:
(a) Major reasons for any changes in the institution's reserves, income, and liquidity during the quarterly period: Profit of this financial institution has increased in this quarter compared to the previous quarter of the fiscal year 2083/084.
(b) Management's analytical statement regarding business plan for the upcoming period: Since its establishment, this provincial level microfinance financial institution has been working towards expanding microfinance programs into rural communities lacking access, aligned with its goal of increasing financial inclusion to reduce poverty. The institution plans to expand programs across all districts of Lumbini Province, increase credit investment and savings collection. Focusing on the sustainable development and secure future of members' families, the institution emphasizes gathering scattered savings. Aiming to foster entrepreneurship among members and generate self-employment, the institution flows credit into entrepreneurial and productive sectors towards sustainable business success. For effective financial service delivery in the current FY 2083/2084, training and seminar programs are being conducted to utilize high technology, enhance skills and efficiency of member employees, increase employee productivity, and strengthen internal control systems. Necessary work is being undertaken to achieve targets as per business plans. Management remains committed to continuously updating services and facilities provided by the financial institution as per members' needs, developing entrepreneurship and business skills among members, and driving digital financial literacy campaigns.
(c) Analytical details of events, conditions, etc. from past experience that could materially impact the organized entity's reserves, profit, or cash flows: Management is confident that income will further increase with improved program quality of the financial institution in coming days due to positivity seen in loan sizes and credit recovery of member borrowers. Unhealthy competition seen among microfinance institutions, increased over-indebtedness among members, and distortions spread in the name of various groups have affected the quality of loans invested by financial institutions. With the increasing effectiveness of Credit Information Bureau, risks are expected to gradually decrease.
3. Details Regarding Legal Proceedings:
(a) No lawsuits have been filed by this financial institution against anyone nor has any notice been received regarding lawsuits filed against the financial institution during this period.
(b) No information has been received regarding any lawsuits filed against promoters or directors of the institution for violation of prevailing rules or criminal offenses.
(c) No information has been received regarding any lawsuit filed against any promoter or director for economic crimes.
4. Analysis of Share Transactions of Organized Entity:
(a) Share trading of the financial institution is being conducted through Nepal Stock Exchange. Any fundamental information capable of affecting prices shall be published within the limits of prevailing laws and rules. Since investors' confidence towards this institution remains high, it can be estimated that future transaction prices will trend positively.