Kathmandu. Kumari Bank Limited has signed a Memorandum of Understanding (MoU) with Women Entrepreneurs Federation through its product, manpower and strategic {{{} Sustainability Partnership. The objective of this partnership is to promote women’s economic empowerment, sustainable finance, enterprise development and professional sustainability .

The agreement was signed by Chandan Karki, Chief Investment & Marketing Officer, Kumari Bank Limited and Mrs. Darshana Shrestha, President of Women Entrepreneurs Federation Nepal. This partnership is an important step towards further strengthening the supportive ecosystem for women-led businesses and enterprises.The partnership will focus on expanding women’s entrepreneurial access to responsible finance, enterprise development, sustainable and climate resilient investment, digital solutions, market opportunities and the chain of value.

This collaboration will also explore innovative financing measures to address the financial challenges faced by women-led enterprises and enhance their growth and resilience and , including cashflow-based credit evaluation, asset-based financing, guarantees, and other risk sharing mechanisms.

Mr. Arpan Poudel, Head of the Sustainable Banking Banking said that the partnership reflects our shared commitment to expand women entrepreneurs’ access to finance, markets, and knowledge while promoting inclusive and sustainable finance .She further stated that the aim is to integrate the strong network of Women Entrepreneurs Federation Nepal and Kumari and the Bank’s sustainable {{} banking to help make women-led businesses more financially viable, resilient and growth-oriented. Also, the collaboration is aimed at contributing to building a more resilient, inclusive and sustainable economy by promoting gender equality in economic opportunities, , she added.

Under this collaboration, the necessary mechanisms will also be developed for joint learning, impact measurement and engagement with stakeholders. Enterprise growth, access to finance, business resilience, job creation and sustainable business practices will be promoted as key areas of this initiative. The partnership reflects Nepal’s shared commitment to create viable, expandable and sustainable opportunities for women entrepreneurs and women-led enterprises across Nepal.

With a focus on customer-centric innovation, responsible banking and sustainable finance, Kumar i Bank has been continuously strengthening its contribution to Nepal’s long-term economic transformation. The bank aims to contribute to the development of financially viable green enterprises, building resilient value chains, expanding employment opportunities, and building a climate-resilient and sustainable economic future.