Chakreshwor Prativa Saving & Credit Co-operative Ltd.
Chakreshwor Prativa Saving & Credit Co-operative Ltd. was founded in BS 2052 by local residents of Chamrangbesi, Bethanchowk Rural Municipality-1. It is registered and operates under the Cooperatives Act, 2052 and the Bagmati Province Cooperatives Act, 2076.
What began as a small savings group is today a dependable source of savings, credit and relief for thousands of member families in Kavrepalanchok. A board elected by the members sets policy, and a trained staff team runs day-to-day services.
- Established
- BS 2052 (1995 AD)
- Registration No.
- 191/052/053
- PAN
- 303122074
Vision, Mission, Goals & Values
Vision
To be a trusted, financially sound and community-focused savings and credit cooperative in Kavrepalanchok and Bagmati Province.
Mission
Following the international cooperative principles, we keep members' savings safe, make credit easy to access and invest in financial literacy and our community.
Goals
Build a habit of regular saving, bring capital to local small businesses and help members become financially literate.
Values
Self-help, democratic control, transparency, accountability and solidarity.
The Seven Cooperative Principles
Key Milestones
The cooperative is founded
Started as a savings group by residents of Chamrangbesi.
Membership grows
Share capital passes Rs. 100 million with more than 1,100 members.
Core banking system
All accounts moved to core banking software; SMS alerts introduced.
Mobile banking and welfare fund
Mobile banking, QR payments and the member welfare fund launched.
