Mirmire Laghubitta Bittiya Sanstha Ltd. was incorporated on Poush 02, 2066 (Dec 17, 2009) under the Company Act, 2063 as a Public Limited Company. The Company has been licensed by the Nepal Rastra Bank (Central Bank of Nepal) on Ashwin 07, 2067 to undertake retail microfinance in the specified districts of the country as a 19th Microfinance Bank in Nepal. The bank has commenced its full-fledged operation from Ashwin 26, 2067 from its registered office at Banepa Municipality, Ward No 05, Kavreplanchowk. The basic inspiration behind the establishment of this bank is to contribute for reduction of huge gap between demand and supply of micro loan in rural areas with its various financial products to specifically disadvantaged and deprived people in support of making their livelihood better. Unlike other modern Bank and Financial Institutions, the Bank grants the loan to its targeted groups without need of any collateral with pure objective of financial and social uplift of disadvantaged peoples. The banks areas of operation are Rasuwa, Nuwakot, Dhading, Dolakha, Gulmi, Kavreplanchowk, Makwanpur, Chitwon,Nawalparasi and Palpa districts.