3 Microfinance Companies in Merger Agreement

May 14, 2019 Merolagani



In a bid to become a big national level microfinance company, three listed microfinance companies including Mirmire Microfinance, Nagbeli Laghubitta and Kisan Microfinance have signed a memorandum of understanding (MoU) regarding a merger.

The MoU was signed by Tek Bahadur Bohra, Chairman of Mirmire, Deep Bahadur Shrestha of Nagbeli Laghubitta and Netra Prasad Joshi of Kisan Microfinance.

After the merger, the merged entity will have paid-up capital of Rs 390 million.

The companies are scheduled to announce about the merger on Tuesday by organizing a press conference.

Mirmire Microfinance, Nagbeli Laghubitta and Kisan Microfinance is headquartered at Banepa of Kavre, Birtamod of Jhapa and Baliya of Kailali respectively.




NEPSE To Remain Close Today

Sep 21, 2026 11:03 AM

The Nepal stock market is set to remain closed today on September 21.

Gold and Silver Price Gain

Sep 23, 2026 10:46 AM

Gold and Silver Price Decline

Sep 22, 2026 10:56 AM

Siddhartha Bank Calls Out AGM

Sep 22, 2026 10:12 AM