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ज्योति मिर्मिरे सामुहिकSaving and Credit Co-operative Society Ltd.

About the cooperative

A member-based savings and credit cooperative of Nepal, working since 1999 to raise the social and economic living standard of its members.
Members and representatives of JMS SACCOS gathered at a cooperative program

Who we are

Jyoti Mirmire Samuhik Saving and Credit Co-operative Society Ltd. was established on 11 July 1999 and registered under the Co-operative Act 2048 BS. On 3 January 2013 it amalgamated with four other SACCOS to form the cooperative you see today.

A member is a shareholder who is entitled to voice and vote in the decision-making process, regardless of the amount of their deposits and shares. The cooperative was set up for people on low incomes, to make daily life easier and better by helping them earn a living and by lending to them at low interest in a fair and orderly way. Working through community microfinance groups, we serve Panauti, Banepa, Dhulikhel and Panchkhal municipalities and Bethanchok rural municipality.

  • Registered under the Co-operative Act 2048
  • Licensed by the National Cooperative Regulatory Authority
  • Member of NEFSCUN

Vision

A sustainable and excellent financial cooperative.

Mission

Enhancing technology-based financial access through promoting corporate governance, participation of new generations, member satisfaction and confidence in cooperatives.

ज्योति मिर्मिरे सामुहिकEstablished 11 July 1999 (2056 BS)Registration no. 92/055/56PAN 303121994

What we work towards

  • Raise members’ standard of living and help families move above the poverty line

  • Provide loans easily, at low rates, with full counselling

  • Build members’ capacity by engaging them in different business activities

  • Take part in society and carry out community-based work

  • Run sustainable economic and social development activities that draw on a range of resources

  • Cultivate a regular saving habit and grow the cooperative’s capital base

  • Support business and productive sectors with affordable credit

  • Establish sound governance and a skilled, capable workforce

  • Foster members’ economic, social and cultural self-sufficiency

  • Develop leadership through cooperative education and training

  • Establish training centers, libraries and health facilities

  • Strengthen partnerships with local, national and international NGOs and cooperatives

  • Reach economically disadvantaged members through microfinance groups

Milestones

  1. 1999

    11 July 1999 (2056 BS)

    Cooperative established in Panauti under the Co-operative Act 2048.

  2. 2013

    3 January 2013

    Amalgamation with four SACCOS creates Jyoti Mirmire Samuhik SACCOS, in what the cooperative calls Nepal’s first cooperative merger.

  3. 2019

    2076 BS

    JMS Cooperative Award and Distinguished Member Award founded, to honour service to cooperatives and members of distinction.

  4. 2020

    20 Mangsir 2077 BS

    After the merger with Janma Jyoti Mahila Bikas Multipurpose Cooperative of Balthali, the joint AGM elects a board of 15 for four years. NEFSCUN names JMS Bagmati Province’s best SACCOS.

  5. 2024

    2024 to 2025

    Twenty-fifth anniversary, celebrated with the Silver Jubilee Festival 2081.

  6. 2081

    Mangsir 2081 BS

    After the merger with Yuva Swavalamban Multipurpose Cooperative of Bethanchok, the joint 25th AGM elects the board and account supervision committee for four years.

  7. 2026

    January 2026 (Magh 2082 BS)

    Licence received from the National Cooperative Regulatory Authority.

Messages from our leadership

Uddab Sapkota

Message from the Chairman

Jyoti Mirmire Samuhik SACCOS has always played a vital role in the social and economic development of its members. It works to develop the lifestyle, economy, social life and whole personality of its members, who live a rural way of life. We are very proud to work in such a cooperative. This SACCOS works to change the living standard of people on low incomes, as well as of other people. We also want to work for society, and we believe we are doing so through this organization. We feel very proud to be a part of it.

I believe this SACCOS should always work on the basis of the nation’s rules and regulations, and should make its facilities easy to use through good management, without discrimination between people. To do this, we will work hard and provide member-friendly facilities. We will do as much as we can, working hard day by day, to maintain the prestige of this SACCOS. Thank you.

Uddab Sapkota

Chairman

Gopal Dahal

Message from the Chief Executive Officer

Jyoti Mirmire Samuhik SACCOS is an excellent cooperative that depends on the community. It always works for the better economic, social and cultural development of its members. Today it is working fully to protect deposits and shares, to collect deposits for excellent results and to apply an effective loan system, so as to achieve its goals and objectives.

Every cooperative today must work to achieve its vision and mission. The role of the chief executive officer in this is very important, as the CEO is the one who directs the cooperative, getting all the staff to do their work promptly and efficiently, without delay. By carrying out all the responsibilities a CEO should take on, such as taking responsibility for the work, attending to the day-to-day work and working efficiently every day, I will work hard. By achieving the cooperative’s goals and objectives, I will try to make not only this cooperative but also my country known to the rest of the world.

Gopal Dahal

Chief Executive Officer

Board of directors

Elected by members at the joint annual general meeting for 2081-85. Service center sub-committees report to the board.

Members of the board

Account supervision committee

Elected by members for 2081-85 at the same joint annual general meeting as the board.

Advisors

Senior management

  • Gopal Dahal

    Gopal Dahal

    Chief Executive Officer

  • Gangadevi Shrestha

    Gangadevi Shrestha

    Internal Control and Account Department Head

  • Purushottam Dahal

    Purushottam Dahal

    Member Service Department Head

  • Prakash Timalsina

    Prakash Timalsina

    Information Technology and Microfinance Department Head

Sub-committees

Each sub-committee has a coordinator, a member secretary and members.

Service center coordinators

Each service center has a management sub-committee, led by a coordinator.

Part of a larger network

JMS SACCOS is a member of the Nepal Federation of Savings and Credit Cooperative Unions (NEFSCUN) and holds a licence from the National Cooperative Regulatory Authority.

Ready to become a member?

Visit any of our 9 offices in Kavre, or download the member application form and bring it with your citizenship certificate.