Ramechhap, April 2:

Manthali Saving and Credit Cooperative in Manthali, district headquarters of Ramechhap, has earned Rs 4.6 million net profit in the fiscal year (FY) 2062-63 BS.

The cooperative earned around Rs 4.6 million net profit in FY 2062-63 BS, said cooperative officials at a programme, organised on the occasion of its ninth anniversary. Apart from financial assistance, the cooperative is also conducting different kinds of social work from time to time.

“The cooperative has also established a hospital that provides different kin-ds of facilities to patients,” said Dhruv Prasad Subedi, chairman of the cooperative. “We inspire people to save their money. We provide loans to our custom-ers according to their nee-ds. We have been able to ra-ise economic as well as social status of people,” said Komal Shankar Ghim-ire, secretary of cooperative.

“This cooperative is a model in the district. Customers are happy with our service,” said Pushpa Shrestha, a member of the cooperative.

The cooperative was jointly established by a local non-government organisation and some members of the Tamakoshi Sewa Samiti, nine years ago. The ninth general convention of the cooperation was organised in Manthali, the district headquarters, recently.