Womi Microfinance conducts 7th AGM; Decides to seek upgradation into national level institution with NRB

Tue, Nov 6, 2018 6:11 AM on Corporate, Latest,

Womi Microfinance through its 7th AGM held on Kartik 17, 2075 has endorsed 25% cash dividend of its current paid value of Rs 10.10 crore. The AGM has also decided to upgrade the institution to a national level microfinance institution and therefore has decided to apply for the same with NRB.

The AGM also entrusted the board to enter into the possible merger / acquisition process with other suitable microfinance institution, as per the media statement from the microfinance institution.

Womi Microfinance is currently providing microfinance facilities through its 40 branches located at 32 different districts.