Kathmandu, Mar. 24
Nepal Bank
Limited (NBL) has organised a week-long training on entrepreneurship and
financial literacy in Changunarayan Municipality of Bhaktapur.
About 390
participants were selected from more than 1,000 applications from 1-10 wards of
the municipality. The participants were divided in 10 different groups and
trained on generating ideas and starting businesses, said the bank in a statement.
NBL
organised the training in collaboration with the National Youth Council.
The
training aimed at promoting agricultural and livestock businesses, tourism
enterprise and developing entrepreneurship, and making people self-employed in
these areas.
The bank
said that it would provide loan up to Rs. 300,000 without collateral as per the
concessional loan procedures of the Nepal Rastra Bank and Mayor
Entrepreneurship Development Programme of the municipality.
NBL has
signed entrepreneurship development agreements and Memorandum of Understandings
(MoUs) with various local bodies but the training of this kind was organised
for the first time, said Prakash Adhikari, spokesperson of the bank.
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