Vijaya Laghubitta Bittiya Sanstha Ltd. (VLBS) is a micro finance institution licensed as a national level “D “class financial institution from Nepal Rastra Bank, the central bank of Nepal. Established on 7th Aug 2012 as a Public Limited Company under Company Act of Nepal and licensed from the Central Bank of Nepal on 3rd January 2013, its head office is at Gaindakot – 5, Nawalparasi. It aims to provide banking services to the rural unbanked population and contribute to the overall poverty reduction program through increment of production and productivity of rural Nepal.
The concept of VLBS was initiated by Vijaya Development Resource Centre (VDRC- Nepal), a national level NGO which is well known as one of the leading NGOs in promoting community based microfinance model in Nepal and it was further backed and supported by Goodwill Finance, one of the leading finance companies and some 184 multi-disciplinary development professionals of Nepal. In fact, the promoters of the VLBS come from three major categories, Non Government Organizations (NGOs), Bank and Financial Institutions and Individual Members.