Sustainable Microfinance Services: A Case Study of Savings and Credit Co-Operatives Promoted by Slum Dwellers in the Kathmandu Valley

Abstract

This present thesis is mainly focus on Saving and Credit Co-operatives promoted by slum dwellers in the Kathmandu municipality which deals with income, expenditure and saving process of the area. The research has been carried out to find out economic status of local residents. The research is exploratory and descriptive in nature. Mainly three groups are mentioned and researched as sample for the study on the matter i.e Pragati Mahila Samuha,Nava Deep Jyoti and Gyan Jhoti Mahila Samuha. This study mainly based on primary data as well as secondary data.Primary data were collected from face to face interaction through questionnaire,checklist and observation. Secondary data were collected from different journal, newspaper, website, research paper and municipality profile sources and so on data was aggregated to facts and numerical.Slam dwellers area is a sample area to find out individual’s income ,expenditure and saving process. Saving habit of the local people helps to promote economic standard.The local people has developed saving habit for future purposes. It shows there is positives social impact on saving and credit co-operatives. Although less people are educated, there have concepts of saving for future.Concluding the research, it can be said that there is various potentiality of saving and credit co-operatives. Some of the problem exist in the are are garding saving in the area such as lack of information , low income, and internet problems. However ,they can be minimized by proper management of different activities and resources.