Lord Buddha Finance Ltd - Financial Data

Lord Buddha Finance Limited is a Nepalese finance company licensed by Nepal Rastra Bank (NRB), the central bank of Nepal. It primarily focuses on providing financial services to individuals, small businesses, and organizations within Nepal. Established with the aim of contributing to the economic development of the country, Lord Buddha Finance strives to offer accessible and affordable financial solutions to its clientele. The company’s core services typically encompass a range of lending products, including loans for small and medium enterprises (SMEs), agriculture, microfinance, and personal needs. These loans are designed to support business growth, agricultural productivity, and individual financial stability. By catering to the specific needs of its target market, Lord Buddha Finance plays a crucial role in fostering entrepreneurship and empowering individuals to improve their livelihoods. Beyond lending, Lord Buddha Finance also provides deposit mobilization services, accepting savings and fixed deposits from individuals and institutions. This not only provides a safe and secure avenue for savings but also forms the basis for the company’s lending activities, enabling it to channel resources into productive sectors of the economy. Operating within the regulatory framework established by the NRB, Lord Buddha Finance is committed to maintaining sound financial practices and corporate governance. This includes adhering to regulations related to capital adequacy, risk management, and transparency, ensuring the stability and sustainability of its operations. The company’s branch network, though potentially limited depending on its expansion strategy, aims to provide convenient access to financial services in key locations across Nepal. Through its branches and potentially through digital platforms, Lord Buddha Finance strives to reach a broad customer base and deliver efficient and customer-centric services. Lord Buddha Finance contributes to the overall financial inclusion in Nepal by reaching segments of the population that may not have access to traditional banking services. This is particularly important in rural and underserved areas, where the company’s services can have a significant impact on economic development. The company’s success is measured not only by its financial performance but also by its positive impact on the communities it serves. By providing access to capital and financial resources, Lord Buddha Finance empowers individuals and businesses to grow, create jobs, and contribute to the overall prosperity of Nepal. Future strategies might involve further expansion, embracing digital technologies, and developing specialized financial products to meet the evolving needs of the market. The company’s commitment to ethical and sustainable practices remains central to its mission of contributing to the financial well-being of the Nepalese people.