It was established on 7th Bhadra 2050 and registered on 2nd Manseer 2050 at District Cooperative Office Dhulikhel Kavrepalanchok. At the time of registration, there were 25 share members in this organization. The starting capital of this organization was 5600 rupees, In word five thousand six hundred rupees. At the time of its establishment, the working area of this SACCOS was limited to Charikot Village Development Committee of Dolakha district, and from 2054 to 2070, 9 Village Development Committees were added with Bhimeshwar Municipality. Similarly, from the year 2077, the working area of operation of the SACCOS became Dolakha district, while after the integration in the year 2079, the working area of operation of the organization remained within Dolakha, Sindhupalchok and Kathmandu districts. This organization is providing service to its share members with technology and smile. At present, 11 approved service centers of this organization are operating in Dolakha, Sindhupalchok and Kathmandu. There are currently 34,334 Member including child savers in the SACCOS. At present the total balance sheet of the organization is Rs. 1 billion 26 million 15 lakh 5 thousand 417.
This SACCOS is represented by Association of Asian Confederation Credit Union and Nepal Savings and Loan Central Cooperative Association Ltd. (NEFSCUN) has participated in the ACCESS program and it has also succeeded in getting the silver brand. This organization has been successful in receiving the Best Taxpayer Award 3 times from the Internal Revenue Office. SACCOS received appreciation from National Cooperative Bank Ltd. In the year 2069, in the year 2071, Nepal Federation of saving and credit cooperative union ltd. (NEFSCUN) has succeeded in receiving praises and honors such as Nepal's best in integration in 2076, Nepal's best in integration in 2076, Nepal's best manager in 2077, and Nepal's best founder president in 2078.
The SACCOS is providing services like ATM, mobile banking, QR code under technology services. It is providing services to its share members by operating the main office and service centers at various locations in the middle of the market.
It has participated in the leveling and stabilization fund program conducted by affiliated umbrella associations to run the organization effectively and in good governance. In order to measure the level of good governance of the organization, the CIULEG presented by ACCU has been applied. Adopting pulse monitoring system is moving forward. It is also preparing to move forward by using BASEL 3, which is adopted by commercial banks to operate the institution spontaneously. Keeping in mind that the efficiency of the board of directors should be maintained to run the SACCOS, the organization is moving forward by arranging pre-leadership training for all the share members who are willing to join the board of directors.
Thank you.