Kohalpur, Banke — NIC Asia Laghubitta Bittiya Sanstha Limited successfully conducted its first-quarter provincial-level budget review workshop from Kartik 12 to 14 in Kohalpur, Banke. The three-day event brought together 121 representatives from Lumbini, Karnali, and Sudurpaschim provinces, focusing on reviewing performance, addressing challenges, and planning for the second quarter of FY 2082/83.
Focus on Performance, Challenges, and Future Strategy
The workshop provided a comprehensive review of the institution’s first-quarter achievements, highlighting operational performance, growth indicators, and key areas for improvement. Participants engaged in in-depth discussions on challenges in the microfinance sector, including rising non-performing loans (NPLs), the impact of interest rate caps, and loan recovery issues.
Strategic sessions were held to design actionable plans aimed at enhancing service quality, financial literacy programs, and operational efficiency across provincial branches.
Leadership Insight and Team Motivation
Addressing the workshop, CEO Cholaraj Sharma Joshi and senior management emphasized the importance of staff motivation, teamwork, and alignment with institutional goals.
Department heads also shared their departmental progress reports, key achievements, and action plans for the upcoming quarter.
The leadership underscored that sustained growth and impact in the microfinance sector depend on employee engagement, innovation, and customer-centric service delivery.
Strengthening Regional Operations
The event aimed to synchronize regional activities with central strategies, ensuring uniform progress across all provinces. Participants discussed the need for stronger collaboration between provincial teams and the head office to improve credit discipline, digital financial inclusion, and community-level engagement.
The workshop concluded with renewed commitment from all participants to boost operational efficiency, enhance client trust, and contribute to inclusive financial development in rural and semi-urban areas of Nepal.
Key Workshop Highlights
| Event | Provincial-Level Budget Review Workshop |
|---|---|
| Organizer | NIC Asia Laghubitta Bittiya Sanstha Limited |
| Duration | Kartik 12–14, 2082 |
| Venue | Kohalpur, Banke |
| Participants | 121 representatives |
| Provinces Covered | Lumbini, Karnali, Sudurpaschim |
| Key Focus Areas | Performance review, service quality, loan recovery, financial literacy, operational efficiency |
Conclusion
The successful completion of NIC Asia Laghubitta’s provincial-level workshop reflects the institution’s ongoing dedication to excellence, innovation, and sustainable growth in Nepal’s microfinance sector. By aligning regional efforts with central goals, the organization continues to strengthen its presence and positive impact across the country’s western provinces.