About Bagmati PROSCUN

Cooperatives are community-based, member-centered business cooperative that operates under the jurisdiction of all three federal units of Nepal. The present constitution of Nepal has recognized the cooperative sector as one of the three pillars of economic development. Cooperative organizations are of different nature based on the purpose of establishment, nature of work and scope of work.Bagmati Province Federation of Savings and Credit Cooperative Union Ltd. (Bagmati PROSCUN) was established based on legal provisions that can be registered and operated at the state level as an umbrella association of cooperative organizations operating with savings and credit related economic activities as the center. It was formally registered on 13th Shravan 2077, according to Section 6 of the Cooperative Act, 2074 and Section 6 of the Bagmati Province Cooperative Act, 2076, the association has been duly registered with the Bagmati Province Government, Ministry of Land Management, Agriculture and Cooperatives. Since then, the federation has been conducting its activities following the cooperative norms, values and principles.As a leading federation of the provincial network of the financial cooperative movement, the federation has expanded its service area to 13 districts and 119 local levels within Bagmati province. In its first strategic plan, the association is conducti... Read More