Disaster Support Loan

In the event that a member becomes a victim of a natural disaster (such as floods, hurricanes, tornadoes, volcanic eruptions, earthquakes, tsunamis, or other geological events), the institution provides a Relief Loan to support their temporary settlement and recovery needs.

• • • Maximum Loan Amount: Up to NRs. 20,000
    • Loan Tenure: 1 Year
    • Annual Interest Rate: 12.75% on a reducing balance basis

This loan is designed to provide immediate financial assistance to members affected by natural disasters, helping them rebuild their lives with flexible repayment terms.

Sanitation & Toilet Loan

Mahuli Laghubitta Bittiya Sanstha Ltd. (MLBSL) aims to promote a clean and green environment through its Energy Loan program. Members who wish to construct a toilet or related sanitation facilities can access financial support under this scheme.

• • • Maximum Loan Amount: Up to NRs. 100,000 without collateral
    • Loan Service Charge: 1.30%
    • Annual Interest Rate: 15% on a reducing balance basis
    • Loan Tenure: 1 year only

This loan is designed to improve sanitation facilities and support healthier, environmentally friendly communities.

Alternative Energy Loan

Mahuli Laghubitta Bittiya Sanstha Ltd. (MLBSL) is committed to fostering a clean and green environment by offering members an Energy Loan. This loan supports the purchase of solar systems, improved cookstoves, biogas plants, and other renewable energy solutions.

• • • Maximum Loan Amount: Up to NRs. 300,000 (without collateral)
    • Loan Service Charge: 1.30%
    • Annual Interest Rate: 15% on a reducing balance basis
    • Loan Tenure: 3 years (fixed)

This loan facility enables members to adopt sustainable energy alternatives, reduce dependence on traditional energy sources, and contribute to building a healthier and eco-friendly community.

Foreign Employment Loan

To help reduce poverty and create opportunities for employment abroad, Mahuli Laghubitta Bittiya Sanstha Ltd. (MLBSL) offers a Foreign Employment Loan. This loan is available to individuals holding a certified foreign employment visa, as well as to the husband, son, or daughter of members. It is intended to support the expenses required for foreign employment processing.

• Maximum Loan Amount:

  • Up to NRs. 300,000 without collateral

  • From NRs. 300,000 up to NRs. 700,000 with collateral

• Loan Service Charge: 1.30%

• Annual Interest Rate: 15% on a reducing balance basis (both with and without collateral)

• Loan Tenure: 

  • • • Collateral           :1 to 7 Years
      • Without Collateral  : 1 to 6 Years

This facility provides financial support to members and their families, enabling them to pursue foreign employment opportunities and improve their economic well-being.

Education Loan

The Education Loan is designed to support members’ sons and daughters in pursuing higher education, such as attending universities and obtaining academic degrees.

Eligibility:

• Members must have completed at least 2 years of membership.

• Must have utilized the General Loan at least twice with regular EMI repayments.

• Must be a disciplined member with good repayment history.

Loan Features:

• Maximum Loan Amount:

  • Up to NRs. 700,000 without collateral

  • From NRs. 300,000 up to NRs. 700,000 with collateral

• Loan Service Charge: 1.30%

• Annual Interest Rate: 15% on a reducing balance basis (both with and without collateral)

• Loan Tenure: 

• • Collateral                 :1 to 7 Years
  • Without Collateral  : 1 to 6 Years

This facility ensures that members’ children can access quality education, thereby securing better career opportunities and contributing to improved family livelihoods.

Housing Loan

A Housing Loan is provided to members who wish to purchase or construct a house. To access this facility, members are required to submit the necessary documents as specified by the organization.

• Maximum Loan Amount:

  • Up to NRs. 300,000 without collateral

  • From NRs. 300,000 up to NRs. 700,000 with collateral

• Loan Service Charge: 1.30%

• Annual Interest Rate: 15% on a reducing balance basis (both with and without collateral)

• Loan Tenure: 

• • Collateral           :1 to 7 Years
  • Without Collateral  : 1 to 3 Years

This loan supports members in achieving their housing needs, helping them build or own a home while maintaining flexible repayment terms.

Micro Enterprise Loan

The Micro Enterprise Loan is designed to help members expand an existing business or establish a new one. This facility provides financial support to poor individuals and families, enabling them to start and grow their own enterprises. Since a General Loan alone may not be sufficient for business expansion, this specialized loan product has been introduced.

• Maximum Loan Amount:

  • Up to NRs. 700,000 without collateral

  • From NRs. 300,000 up to NRs. 700,000 with collateral

• Loan Service Charge: 1.30%

• Annual Interest Rate:

  • 15% on a reducing balance basis (without collateral)

  • 15% on a reducing balance basis (with collateral)

• Loan Tenure:

•  

  • Collateral           :1 to 7 Years
  • Without Collateral  : 1 to 6 Years

  
  Every fiscal year, MLBSL recognizes the Best Entrepreneur Members and awards them a Green Card. Green Card holders enjoy discounts on loans and are exempt from processing fees.

This loan empowers members to strengthen their businesses, generate income, and contribute to sustainable economic growth.

Best Member Loan

The Best Member Loan is exclusively offered to members who have maintained an excellent track record and demonstrated responsible loan utilization. Eligible members must have completed at least 4 years of membership and must have properly utilized their previous loan for the stated purpose.

Each fiscal year, MLBSL recognizes and selects the Best Members from its centers or branches and awards them a Green Card. Green Card holders receive special benefits, including:

• Discounts on loan facilities

• Exemption from loan processing fees

• Maximum Loan Amount: Up to NRs. 700,000

• Annual Interest Rate: 14.50% on a reducing balance basis

• Loan Tenure: 

• • Collateral            :1 to 7 Years
  • Without Collateral  : 1 to 6 Years

This loan serves as a reward for disciplined members, offering them financial support with added privileges to encourage continued loyalty and responsible borrowing.

Emergency Loan

The Emergency Loan provides quick financial assistance to members during urgent situations. It is available only to clients who have maintained a good repayment record. Members can access this loan up to two times per year.

• Maximum Loan Amount: Up to NRs. 50,000

• Approval Process:

  • Applications must be submitted at the Center level.

  • The Center Manager and Group Members evaluate the genuineness of the request before approval.

• Loan Service Charge: 1.30%

• Annual Interest Rate: 15% on a reducing balance basis (both with and without collateral)

This loan ensures members receive timely support in emergencies, with proper case evaluation to maintain transparency and fairness.

Seasonal Loan

The Seasonal Loan is provided to members after assessing their discipline, repayment record, and center quality. To qualify, a member must have:

• Taken a General Loan previously, and

• Successfully made at least 3 regular EMI payments on time.

• Maximum Loan Amount: Up to NRs. 100,000

• Annual Interest Rate: 15% on a reducing balance basis

• Loan Service Charge: 1.30% (applied at the time of loan disbursement)

• Loan Tenure: 1 year only

This facility provides short-term financial assistance to responsible members, encouraging discipline and timely repayments.

General Loan

The first and most basic loan product offered by Mahuli Laghubitta Bittiya Sanstha Ltd. to its members is the General Loan. This loan is designed exclusively to support income-generating activities of members.

Maximum Loan Amount:

• • • Up to NRs. 700,000 without collateral
    • From NRs. 300,000 to NRs. 700,000 with collateral
    • Interest Rate & Charges:
    • Loan Service Charge: 1.30%

Annual Interest Rate: 15% on a reducing balance basis (both with and without collateral)

Loan Tenure:

• • • • Collateral            :1 to 7 Years
      • Without Collateral  : 1 to 6 Years

This loan provides members with financial support to enhance their income opportunities while maintaining flexible repayment terms.