About Us

Manthali Saving & Credit Co-operative Society (Manthali SACCOS) was registered in A.D. 1998/01/23 (B.S. 2054/10/20) at the Department of Cooperative, as a community based financial institution. Manthali SACCOS was promoted by a local NGO called Tamakoshi Sewa Samiti (TSS) during its co-operative campaign in Ramechhap district. TSS staff and volunteers were mainly involved during its establishment.

 

In 1990, before the establishment of Manthali SACCOS, 11 TSS staff & volunteers had started an informal saving & credit group with a total capital of Rs. 11,000. In 1998, other TSS staff & people were joined in the group for the registration as the co-operative society.

Manthali SACCOS is located in Manthali Municipality-1, Ramechhap district. Manthali SACCOS has covered its working areas all over Ramechhap district, which includes 2 municipalities and 6 rural municipalities.

The main objective of Manthali SACCOS is to improve economic, social, cultural and environmental development of the members by developing a self-governing organization motivating its members to make a habit of savings regularly and providing loans to members according to their wishes, desires, skills and raising the standard of of living of the members.  Manthali SACCOS also aims to achieve in the improvement of cooperative culture by adopting modern technology and maintaining financial discipline, providing reasonable benefits to the members of the community.