Manthali Savings & Credit Co-operative Society Ltd. (www.manthali.com.np)
Manthali Saving & Credit Co-operative Society Ltd. (Manthali SACCOS) was promoted by Tamakoshi Sewa Samiti (TSS) during its' 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 Municipality, the headquarters of Ramechhap district. The working coverage of Manthali SACCOS is the entire Ramechhap district, that has 2 Municipalities and six Rural Municipalities.
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 & local people were involved in the group and then it 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.
For updated information, please visit the above website of Manthali Co-operatives.