Kathmandu. The Financial Literacy and Center Chief/Deputy Chief Seminar program organized by Nerude Mirmire Microfinance Bittiya Sanstha Limited’s Bardibas branch office was held at Binayak Hotel in Bardibas. The program discussed the issues of financial awareness, development of responsible financial behavior and member empowerment.
The program was presided over by the members of Bardibas and School Chowk branch office. Bishnu Maya Balampakhi, a member of 58. More than 100 people participated in the program, which was attended by the assistant executive chief of the organization, Birkha Bahadur Bohara as the chief guest. The program was attended by Madhesh Province Chief Ram Kishore Chaudhary, Bardibas Cluster Chief Bhimwali Kumar Sahani, Bardibas Branch Chief Shrawan Kumar Sah and School Chowk Branch Chief Shiva Kumar Mukhiya.
Senior Assistant Head Constable Shyam Thapa and Assistant Head Constable Jeevan Kumar Yadav of Bardibas Area Police Office along with staffs, centre chiefs, deputy chiefs and members of both the branches were present on the occasion.
The program started with an awareness rally organized in Bardibas Bazaar with placards with messages related to financial literacy. The rally spread messages on regular savings, utilization of loans, financial discipline, regular installment payments and responsible use of financial services.
The chief guest of the program, Assistant Chief Executive Officer Birkha Bahadur Bohara said that financial literacy is directly related to the financial empowerment of the members and the sustainability of the organization and stressed on the need to develop the habit of saving regularly, taking loans only as per the need, mobilizing the loan in the productive sector and paying the principal and interest on the stipulated time. He expressed the view that financial discipline, active participation and responsible behavior of the members would make a significant contribution to increase the effectiveness of microfinance services.
Similarly, Madhesh Province Chief Ram Kishor Chaudhary gave a presentation on various aspects of financial literacy and imparted training to the participants. He also cautioned the participants about personal and family financial management, importance of savings, proper use of credit, reduction of financial risk, precautions to be taken in digital financial transactions and ways to avoid financial frauds. He urged the center chiefs and deputy chiefs to play an active role in promoting financial knowledge and discipline among the members of the center.
On the occasion, greetings were exchanged on the occasion of the approaching festival of Tihar and Chhath, the major festivals of Nepalis. To make the program cultural and intimate, the participating members presented songs related to Deusi-Bhailo and Chhathi Mata in a group. The cultural presentation added enthusiasm and excitement to the program and helped to increase mutual goodwill and camaraderie among the staff and members.
The Financial Literacy and Centre Head/Deputy Chief Seminar is expected to help the members develop financial knowledge, responsible financial behavior and a culture of savings. In addition, the program is also expected to be useful in enhancing the leadership capacity of the center heads and deputy chiefs, strengthening the ownership of the organization and expanding mutual cooperation among the members.
The event, organized with a focus on financial literacy and member empowerment, has helped to increase financial awareness, strengthen the bonding between the organization’s staff and members and promote the cultural and social harmony of the festival.
