RMDC Laghubitta Bittiya Sanstha Ltd.

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RMDC Laghubitta Bittiya Sanstha Ltd. is a Nepali microfinance institution. The microfinance sector in Nepal began to take shape in the 1990s, when development-oriented lending programs and specialized microfinance institutions were established to extend financial services to low-income and rural populations. Over time, Nepal Rastra Bank formalized the licensing and supervision of microfinance development banks (laghubitta bittiya sanstha), creating a regulated class of institutions that could take deposits and lend to micro-entrepreneurs. RMDC operates within this framework. Its name and legal form indicate that it is a licensed microfinance development bank rather than a commercial bank. Such institutions typically serve clients through group lending methodologies, small-ticket loans, and savings products, often in areas where commercial bank branches are sparse. The Nepali microfinance sector grew rapidly in the 2000s and 2010s, with many institutions expanding branch networks and client bases. This growth was accompanied by concerns about multiple borrowing, high interest rates, and client over-indebtedness, leading Nepal Rastra Bank to introduce stricter regulations, including caps on interest rates and limits on the number of microfinance institutions a single borrower may use. These regulatory changes have shaped the operating environment for institutions like RMDC. Specific historical details for RMDC — such as its founding date, original promoters, mergers, or listing status — are not provided in the available evidence. The company is confirmed as a company in Nepal, and its official website is rmdcnepalc.com. Further verified details would require additional sources.

Regulated microfinance institution focused on financial inclusion for low-income and rural clients in Nepal.

• Microcredit loans

  Small-ticket loans to low-income households and micro-entrepreneurs.

• Micro-savings products

  Savings accounts tailored to low-income clients.

• Small business loans

  Loans to support micro and small enterprises.

• Group-based lending

  Lending methodology using joint liability groups.

1. 1RMDC Laghubitta Bittiya Sanstha Ltd. - Wikidatawikidata.org
2. 2RMDC Laghubitta Bittiya Sanstha Ltd. official websitermdcnepalc.com