Introduction

It is an organization which was duly registered as a multi-purpose cooperative in the then District Cooperative Division and Training Office, Dhangadhi as per the Cooperatives Act 2048 BS.

Due to the low presence of banks and financial institutions in the region at that time, the locals were deprived of financial services and most of the moneylenders occupied the financial market. Although Lamki, Chisapani and other areas in the eastern part of the district have potential in terms of resources and business, the potential could not be revealed due to lack of banks and financial institutions. In East Kailali, which is considered fertile for agriculture, farmers were facing shortage of fertilizers, fertilizers and seeds. The cooperative model is called Kisan Multi-Purpose Cooperative Limited in line with the concept of uniting the people and conducting multi-purpose activities in the cooperative model to address these conditions.

Initially, the organization started with a share capital of 60,600 with 25 share members. Access has been extended to all local municipalities in 7 districts. Today, the organization has become a model and leading organization at the local level due to its emphasis on timely institutional development and adoption of technology.

In line with the spirit of the multi-purpose organization and the desire of its members, the organization has been operating the following four main businesses in the cooperative model.

⇒ Cooperative financial services

⇒ Microfinance service

⇒ Agricultural promotion service

⇒ Mart

At present, 5 service centers are in operation towards cooperative financial services and microfinance services are being provided through service centers in 37 different places in 7 districts.

Similarly, it has been selling chemical fertilizers and operating a mart from its central office in Lamki and an integrated agricultural firm in Amravati of Janaki Goupalika.

Slogan

Together with the community for prosperity.

Objective

• Assist to member in improvement of their Socioeconomics condition by the using of existing resources surround locality.
• Extend banking facilities to rural bottom poor.
• Eliminate the exploitation of money lenders.
• Create self-employment for the vast unutilized and underutilized manpower resources.
• To organize the disadvantaged people into small federation for mutual support and self-sustained socio-economic development.
• Motivate the members to help and support each other for financial progress.
• Increase social and economic standard of the members
  leading participation on social awareness.

Mission

Support and strengthen the economy at the bottom of the socioeconomics pyramid by facilitating access to financial services for the poor, marginalized, indigenous and disadvantaged persons of kailali district.

• An independent, sustainable, cost-effective microfinance institution that provides diverse, appropriate and market responsive quality financial and business development services at competitive prices along with other social development programs to poor, very poor and vulnerable non-poor customers.
• To extend financial services and social awareness to the poor in under-served and un–served areas of Nepal in a sustainable manner.
• To uplift socio-economic condition of rural and urban disadvantaged poor by providing easy access to microfinance services .

Vision

• Assist to member in improvement of their Scio-economic condition by the using of existing resources surround locality.
• Extend banking facilities to rural bottom poor.
• Eliminate the exploitation of money lenders.
• Create self-employment for the vast unutilized and underutilized manpower resources.
• To organize the disadvantaged people into small federation for mutual support and self-sustained socio-economic development.
• Motivate the members to help and support each other for financial progress.
• Increase social and economic standerd of the members
  leading participation on social awerness.