Manthali Savings & Credit Co-operative Society                                             Website:

Manthali Saving & Credit Co-operative Society (Manthali SACCOS) was promoted by TSS during the co-operative campaign in Ramechhap district. Manthali SACCOS was registered in A.D. 1998/02/02 (B.S. 2054/10/20) at the Department of Cooperative under Ministry of Agriculture and Co-operative, as a community based financial institution. TSS staff and volunteers were mainly involved during its establishment. Manthali SACCOS is located in Manthali VDC, the headquarters of Ramechhap district. The coverage of Manthali SACCOS was entire 55 VDCs of Ramechhap district until 2012 and it has now reduced the coverage into 16 surrounding VDCs of Manthali, which has been now merged into Manthali Municipality, Ramechhap Municipality, Likhu Rural Municipality & Khandadevi Municipality as per the recent local body restructure. In 1990, before the establishment of Manthali SACCOS, 11 TSS staff & volunteers had started an informal saving & credit group with a total capital of Rs. 11,000. In 1998 at the time of registration, other TSS staff & people were involved in the group and then was registered as a formal co-operative society.

The main objective of Manthali SACCOS is to improve socio-economic condition of members through the investment of loan on reasonable interest rate to its members for skill-oriented income generation program and for the fulfillment of financial necessity from savings collected motivating regular saving habit from individual income.  In addition, among other objectives, the operation of a co-operative hospital for out-patient & in-patient services is also the social objective of Manthali SACCOS. In addition to this, the social objective of Manthali SACCOS is to operative co-operative hospital is to provide in-patient & out-patient services to its members at affordable cost.

There are now over 12,000 members (52% female) in Manthali Co-operative Society. By the end of November 2018, the total deposit collection has been NRs. 570,211,428 (USD 4.95 million) and the loan investment is NRs. 543,439,998 (over USD 4.72 million). The total asset is NRs. 722,620,818 (USD 6.28 million). The interest rates are 7%-13% on savings and 12%-16% per annum on loan investment effective from Baisakh 2074 (14th April 2017).

In addition to the financial services, Manthali SACCOS is also involved in health service delivery through Tamakoshi Co-operative Hospital. There are exclusive benefits for the existing members of Manthali SACCOS at the hospital - free medical services upto Rs. 3,000 in the period of one year and 10% discount on ambulance service.

Comparative status of Manthali SACCOS between two specific fiscal years

     1st Year 20th Year  
     FY 2054/55 (1997/98)   FY 2074/75 (2017/18)   
   No. of members                                   68                              11,729  
   Net Profit (NRs.)                              8,856                       12,736,783  
   Share Capital (NRs.)                              6,800                     57,039,400  
   Deposit Collection (NRs.)                          134,700                   553,470,323  
   Loan Investment (NRs.)                          142,884                   522,545,585  
   Total Assets (NRs.)                          150,357                   703,781,621  


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