Kisan coop. wins international access brand

Kawasoti, Aug. 31: The Kisan Saving and Credit Cooperatives Ltd. Gaidakot has received an international level access brand.

It was successful in receiving this brand by fulfilling 86 indices among cooperatives of Nepal.

It received the brand, as it worked as per the agreement with the Asian Credit Union (ACU) to fulfill 86 indices under four topics in FY 2068-69 BS, said Cooperatives Chairman Gopal Prasad Gautam.

The ACU, the umbrella organization of saving and credit cooperatives in Asian countries, fixed the 86 indices including financial, member, internal professionalism, learning and growth.

The cooperative was established by 25 people in 2052 BS and emphasizes on quality rather than quantity.

It unified with the Panchakanya Saving and Credit Cooperative and has no bad debts, and was production-oriented to uplift the living standard of the members.

It increased net profit by 215 per cent and is transacting in Gaidakot Municipality through five service centers.