Empowering Women and Advancing Green Goals: Mahalaxmi Bikas Bank's Collaborative Drive

Mahalaxmi Bikas Bank Limited (MLBL) and Ryan Eng Pvt. Ltd. have launched a collaborative initiative to advance sustainable development goals by enhancing financial access and promoting clean energy for women entrepreneurs.

The partnership involves Mahalaxmi Bikas Bank providing financial support to women micro-entrepreneurs in Banepa, Dhulikhel, and Kavrepalanchok for the purchase of electric vehicles.

Ryan Energy Pvt. Ltd., as the official seller, will supply eco-friendly electric vehicles along with necessary training, maintenance, and warranty services.

This collaboration aims to foster a green economy in Nepal, promote financial expertise and innovative technology, and contribute to gender equality. The agreement underscores the primary objectives of empowering women economically, fostering sustainable community development, and encouraging environmentally friendly transportation.

The initiative, launched on International Women's Day, serves as a significant example of achieving gender equality, creating opportunities for women, and empowering them.

Mahalaxmi Bikas Bank, with its commitment to "Strong Bank, Successful Cooperation," has been delivering quality financial services to the Nepalese people for the past 29 years. Additionally, during its 22nd annual general meeting, the bank resolved to explore partnerships with foreign banks or financial institutions as strategic allies.