Manushi Laghubitta Bittiya Sanstha Limited

Manushi Laghubitta Bittiya Sanstha Limited traces its origins to a microfinance program run by an NGO called Manushi, which started operations in 2002.Later, that microfinance program was institutionalized and registered under the Company Act. MLBS received the “D-class” license from Nepal Rastra Bank (NRB) on 25 Ashoj 2075 B.S. and began operations under the new structure. As a microfinance financial institution, MLBS focuses on delivering financial inclusion services especially targeting underserved, rural, and marginalized communities. Its products and services include micro-credit / loans, savings accounts, deposit mobilization, remittance services, and other financial services typical of a microfinance institution. MLBS is publicly listed on the Nepal Stock Exchange (NEPSE) under the ticker MLBS. As per recent data: MLBS has 1,093,750 shares listed (face value NPR 100). Paid-up capital stands at NPR 10,937,500 (i.e., 109.375 lakh) when listed. Market capitalization (as per 2025 listing data) is around NPR 1.6 Arba. In terms of social mission: MLBS aims to support financial inclusion, especially for low-income, rural and marginalized populations. According to its regulatory filings, MLBS is active in about 14 districts across Nepal, working towards social upliftment through microfinance supporting self-employment, small businesses, women empowerment, small entrepreneurs, and financially weaker segments. Financially, MLBS has shown signs of recovery: for example, in fiscal year 2080/81 (B.S.), the institution reportedly returned to profitability after earlier losses. In a 2024 report, MLBS posted a net profit of NPR 1.92 crore (after previously reporting losses), citing operational profit plus reversal of impairment charges. This suggests that MLBS may be on a recovery path, improving asset quality and stabilizing its operations. According to that report, deposit mobilization from over 33,000 members exceeded NPR 98.78 crore; non-performing loan ratio reportedly fell from 7.9% to ~4.46%. Overall, MLBS represents one of Nepal’s microfinance institutions aiming to balance social mission (financial inclusion, support to marginalized communities) with formal financial operations, under regulation and with access to capital markets.