Muktinath Bikas Bank and FWEAN Sign Agreement

KATHMANDU:Muktinath Bikas Bank has signed an agreement for collaboration with the Federation of Women Entrepreneurs Nepal (FWEAN). According to the deal, the bank would assist domestic and small businesses by providing easy and affordable loans.

Til Bahadur Gurung, the bank's assistant deputy chief executive officer, and Shobha Gyawali, the FWEAN's president, signed the agreement on behalf of the bank.

According to the agreement, in the future, the bank would make loans at low interest rates to domestic and small industrialists connected with the FWEAN's 67 district chapters depending on their business and potential.

Shobha Gyawali, president of the FWEAN, expressed her joy and optimism that the agreement will assist women businesses affiliated with the FWEAN in developing more economically and in the field of professional and financial literacy.