December 17, 2019 | Investopaper
Womi Laghubitta, after the successful merger with the Nagarik Laghubitta, has started a joint operation from Mangsir 30, 2076.
Womi & Nagarik Laghubitta had signed the merger agreement on Falgun 24, 2076. The merger received the final approval from Nepal Rastra Bank on Mangsir 6, 2076. The merger agreement between Womi & Nagarik Laghubitta was the first in the microfinance sector.
Mr. Pramesh Acharya will lead the microfinance for 4 years. Previously, he was working as the CEO of Womi Laghubitta. Likewise, the board meeting also finalized the 6 directors- 5 from Womi Laghubitta and 1 from Nagarik Laghubitta.