As some 80 percent of Nepalese population live in rural areas and about two-thirds of them rely on agriculture, extending financial services to the rural people is especially meaningful for inclusive growth of Nepal.
Acknowledging this need, the Government of Nepal and Nepal Rastra Bank have long been undertaking a host of policy measures to increase access of financial services to the rural areas through different modalities. One such modality is project financing under which Government of Nepal and NRB have been working with different bilateral and multilateral donor agencies to implement different projects.