Pokhara, Kaski - June 18, 2025
The Con Community Saving & Credit Co-operative Society Ltd., based in Pokhara-13, Kaski, has published its financial performance report for the fiscal year ending Jestha 2082, showcasing impressive growth across various parameters. As a trusted co-operative in the region, the institution continues to support financial inclusion and economic stability for its members.
According to the report, the co-operative’s total assets reached NPR 1,91,40,82,039.99, demonstrating robust financial health and strategic management. The total share capital stood at NPR 18,67,61,700, while institutional capital amounted to NPR 19,44,20,757.36. These figures reflect the co-operative’s commitment to sustainable financial growth and the effective mobilization of resources.
One of the highlights is the total savings, which soared to NPR 1,34,24,21,536.82, indicating a significant increase in member participation and confidence. Furthermore, the reserve fund was reported at NPR 18,88,84,976.23, a testament to the co-operative's prudent financial planning and risk management practices.
The co-operative has also maintained a lending portfolio of NPR 98,67,38,725.89, supporting 293 borrowing members. The lending ratios, excluding and including fixed deposits, are reported at 16.14% and 44.90%, respectively, ensuring a balanced approach to financial investments and loan disbursements. Additionally, the current balance stands at NPR 21,65,81,180.86, while fixed deposits amount to NPR 47,00,00,000.
The institution actively promotes financial inclusion with 3737 shareholder members. Through its efforts, the co-operative has played a vital role in fostering economic resilience among its members, particularly in Pokhara and surrounding areas.
The Con Community Saving & Credit Co-operative Society Ltd. emphasizes transparency and accountability in its operations, aligning with the guidelines issued by Nepal's Department of Co-operatives. By effectively managing deposits, investments, and loans, the institution continues to contribute to the financial empowerment of its members with total deposit in various funds NPR 1,25,88,605.76
Challenges and Prospects
While the co-operative has shown remarkable growth, it faces challenges in managing overdue fixed deposits, which are included in the financial investments. Addressing this issue will be key to maintaining trust and ensuring uninterrupted financial services.
As the co-operative moves forward, its focus on sustainable practices and member-driven initiatives is expected to bolster its position as a leading financial institution in Nepal.
