Kaski Finance enters 9th year of operation

ShareSansar, July 31:

Pokhara based Kaski Finance has entered into its 9th year of its operation.

On occasion of 8th Anniversary social responsibility program was conducted where the chairman of the finance, Madan Sharma Khanal handed over medical equipment worth Rs 45,000 to the chairman of Matrishishu Miteri Hospital located at Pokhara 16, Batulechaur. The finance aims to provide health service to the people from underprivileged group said Toya Raj Adhikari, CEO of the organization.

On the same occasion, the company donated Rs 20 thousand to Dam Side Youth Club Pokhara for fencing of the roadside plants in Pokhara. Likewise the Company handed cheque of Rs 10 thousand to Community Forest Consumer Committee of Thotne Khola, Sarangkot VDC, Kaski. The amount has been given to foster and nurture the plants of the forest said Toya Raj Adhikari.

The company has collected Rs. 2 arba 80 crore in deposits and disbursed Rs 2 arba 43 crore in loan and advances as of Asad end 2072. The finance company has earned an operating profit of Rs. 10 crore 8 lakh. The company’s non-performing loans stand at 0.64%.

Kaski Finance has network of 10 branches till date.  Also the company is planning to open 2 new branches in near future.